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HR - Involuntary Termination Agreement
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Price: $9.99
At A Glance
This Word document is a template for an involuntary termination notice and employee release.
Background
Developing a letter to address an involuntary or mutually agreed to termination is very important to protect both the company and employee from potential legal ramifications. This tool documents additional benefits the employee will derive as a result of the termination and specifies the terms and conditions of the agreement should they decide to accept.
Benefits
Using this tool, you will ensure compliance with all applicable Federal and State employment laws plus minimize the risk of the employee bringing a wrongful termination suit against the company sometime in the future. While there is no guarantee, the signing of these types of documents usually discourages such an action.
Time ROI
It takes on average 4 hours to develop a basic Termination Notice and Employee Release. By using MyWorkTools.com, you will save a minimum of 3.5 hours development time, plus ensure consistency for your involuntary or mutual termination communication to employees.

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