1. #1
    Unregistered

    What does it mean by Voluntary Termination?

    I just came across this term of Voluntary termination, What does it mean for a company? What role is that for? Does it mean that taking up termination voluntary? is it different from the voluntary retirement? Please provide me the details.

  2. #2
    aman Array
    Join Date
    Jul 2012
    Posts
    847

    Re: What does it mean by Voluntary Termination?

    Voluntary termination is quitting the job by an employee by his own wish.

    This can be due to his dissatisfaction ,personal factors or any other reason that doesn't suits the employee.

    However the employee have to pay some compensations depending upon his contract with the company if the company doesn't want the employee to leave.

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