Termination types are a commonly used tool for HR administrators to track the nature of historical terminations, e.g., in the event that a previously terminated employee reapplies to the same company.
There are two main termination types: Voluntary (Regretted or Non-Regretted) and Involuntary:
- Involuntary: the company elects to end the employment relationship; fired or laid off
- Voluntary (Regretted or Non-Regretted): employee elects to end employment; resignation
- If Voluntary is selected you will be asked, Would you hire this employee again?
There is no legal requirement for reporting termination types, but some states have specific requirements for furnishing an employee's final paycheck according to the type of termination.
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