Voluntary Separations
Quits or Resignations
Voluntary Retirements System [VRS]
Involuntary Separations
Dismissal
Retrenchments
Layoff
Right sizing
Retirement
A vacated or unfilled job within an organization results in tangible, measurable costs as well as intangible costs. The intangible costs include the uncompensated increased workloads other employees assume during the vacancy, the added stress and tension during and after the turnover, declining employee morale, and decreased work group synergy.
Employee Separations
Retirement Pension plans in India
Involuntary Separations of Employees
Dismissal of employee
Termination of employee
Suspension of employee
Layoff
Retrenchment of employee
Retirement
Liquidation of Company