Occasionally both parties recognise that continuation of the employment is unrealistic or untenable and they mutually agree to terminate the employment relationship.
Where such a termination is genuinely a matter of mutual consent, the relationship will end amicably with neither party having any claim against the other.
Where the parting of the ways is prompted by the employer, even though it may eventually be accepted by the employee, consideration for the employee relinquishing any claim on the job is commonly agreed to in the form of an exit agreement.
Seek specialist advice before entering into such an arrangement.
Contact the Help Desk for specialised assistance.
Use the Certificate of Service Template.
Note: Ensure you advise Payroll.
Back to other types of termination