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PDQ Industries January 2006
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Employment Termination
There can be many reasons why employment may terminate. The following are some of the most common reasons for termination of employment:
* Resignation - voluntary employment termination initiated by an employee. Two (2) weeks advance notice is appreciated.
* Discharge - involuntary employment termination initiated by the organization.
* Layoff - involuntary employment termination initiated by the organization for nondisciplinary reasons.
We will usually schedule an exit interview if you terminate. At the exit interview, we can go over such topics as your benefits, benefits conversion rights, repayment of any outstanding debt to PDQ, or return of PDQ-owned property. You may also make suggestions or complaints and ask questions at the exit interview.
Your benefits are affected by termination in several ways. All accrued, vested benefits that are due and payable at termination will be paid out. You may be allowed to continue some benefits by paying for them yourself. You will be notified in writing about which benefits you can continue and the limitations and details of how to continue them.
When an employee is terminated for any reason, their paychecks will be available not later or earlier than the next regular payday and will be given upon completion of an exit interview. If a two weeks notice is given, all earned vacation pay will be included in the final paycheck. If no two week notice is given, vacation pay will be forfeited.
Employees dismissed for disciplinary reasons or employees leaving the company may or may not, under certain circumstances, be eligible for unemployment compensation. The office of Employment Securities investigates these circumstances surrounding each claim and PDQ will submit all information leading to the employees dismissal or separation.
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