What You Need to Know About Termination of Employment
While most see termination of employment as a negative thing, that is not always the case. In truth, termination of employment can be classified into two types - voluntary and involuntary. Voluntary and Involuntary Termination Termination is simply the process of ending one's employment in an organization. A voluntary termination is more commonly known as resignation. It is initiated by the employee by submitting a resignation letter to his/ her immediate head. Based on the Philippine Labor Code, a resigning employee has to render at least 30 days' notice prior to his/ her intended last day of work. Absent of such notice, the Company may hold the employee liable for any damages that they may suffer. Do note that, in the case of resignation with 30 days' notification, the employer may not reject it or have it ignored; otherwise, this will now become involuntary servitude. The most that the employer can do is request for an extension of the employee's last day. Now