Termination By Mutual Agreement
Some terminations occur as a result of mutual agreement between the employer and employee. When this happens, it is sometimes debatable if the termination was truly mutual. In many of these cases, it was originally the employer's wish for the employee to depart, but the employer offered the mutual termination agreement in order to soften the firing (as in a forced resignation). But there are also times when a termination date is agreed upon before the employment starts (as in an employment contract).
Some types of termination by mutual agreement include:
- The end of an employment contract for a specified period of time (such as an internship)
- Mandatory retirement. Some occupations, such as commercial airline pilots, face mandatory retirement at a certain age.
- Forced resignation
Read more about this topic: Termination Of Employment
Famous quotes containing the words termination, mutual and/or agreement:
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—Abraham Lincoln (1809–1865)
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“That which corrodes the souls of the persecuted is the monstrous inner agreement with the prevailing prejudice against them.”
—Eric Hoffer (1902–1983)