A Presentation Report Of Human Resource Management On Topic

“RETIREMENT AND OTHER SEPARATION PROCESS”

Submitted by: Submitted to: Ms. Rajbeer KourSurbhi (50-MBA-11) Nitesh Bharat(56-MBA-11)Bhaderwah Campus,University of Jammu.

CONTENTSSeparations Types of employee separations. A. Involuntary Separation 1)Discharge 2)Layoff 3)Retrenchment B. Voluntary Separation 1)Quit 2)RetirementImplementing Lay Off

Separation

Separation means cessation of service or agreement with the organization for one or other reason. The employee may be separated from the company as a result of:-

• Resignation• Discharge & Dismissal• Suspension & Retrenchment• Layoff

Types of employee separations

Types of employee separations

Voluntary Involuntary

Quits

Retirements

Layoffs

Discharges

Retrenchment

TYPES OF EMPLOYEE SEPARATIONS

• Involuntary separationsIt occurs when an employer decides to

terminate its relationship with an employee.

• Voluntary separationsA separation that occurs when an employee

decides, for personal or professional reasons to end the relationship with the employer.

Types Of Voluntary Separations

• There are two types of voluntary separations:– Quits– Retirement

Types Of Involuntary Separation

• There are three types of involuntary separations– Discharge– Layoff – Retrenchment

• Discharge takes place when management decides that there is a poor fit between an employee and the organization. It could be a result of – poor performance – Or because of some unacceptable behavior

• Layoff means the “failure”, “refusal" or “inability” on the part of any employer to give employment to any number of workmen on account of shortage of raw material, accumulation of stock, breakdown of machinery or for any other reason.

• Retrenchment means “discharge of surplus labour or staff” by the employer on account of long period of layoff, or rationalization or improved machinery or automation of machines or similar other reasons.

Implementing A Layoff

• Notifying employees ( before 7 days )

• Developing layoff criteria• Communicating to laid off employees• Maintaining security• Reassuring survivors of layoff