Separation Policy Template
A Separation Policy is
an essential document that outlines the procedures and guidelines an
organization follows when an employee leaves the company. This policy applies
to all types of separations, including voluntary (resignation, retirement),
involuntary (termination, layoffs), and contract completion.
A well-defined Separation
Policy ensures that the process is handled consistently, professionally, and in
compliance with legal and regulatory requirements.
1. Purpose of the Separation
Policy
The purpose of this policy is
to:
- Define the procedures for all types of
employee separations.
- Ensure that all company property and
financial matters are appropriately handled.
- Ensure compliance with legal and
contractual obligations during the employee’s departure.
- Support the smooth transition of the
departing employee.
