Termination and Exit Policies

Company Details

Company Name: [Your Company Name]

Company Size: [Your Company Size]

Policy Version: [Your Policy Version]

Contact Person Details

Name: [Contact Person's Name]

Designation: [Contact Person's Designation]

Email: [Contact Person's Email]

Phone: [Contact Person's Phone]

Policy Objective

[Define the purpose and objectives of the termination and exit policy]

Scope and Applicability

[Specify who the policy applies to and its coverage]

Types of Termination

[Detail the different types of termination covered under this policy]

Notice Period

[Explain the notice period requirements for different types of termination]

Exit Process

[Detail the steps involved in the exit process]

Exit Interview

[Explain the exit interview process and its importance]

Final Settlement

[Detail the final settlement process and components]

Return of Company Property

[Explain the process for returning company property]

Confidentiality and Non-Disclosure

[Detail confidentiality obligations after termination]

Post-Employment Obligations

[Explain post-employment obligations and restrictions]

Exit Documentation

[Detail the required documentation for exit]

Policy Review and Updates

[Explain how the policy is reviewed and updated]

Declaration

[A formal declaration that the policy has been approved]

Policy Created By

Name: [Policy Creator's Name]

Designation: [Policy Creator's Designation]

Date: [Policy Creation Date]