oboloo Glossary

Termination Letter Employment

oboloo Glossary

Termination Letter Employment

A Termination Letter of Employment is an official document that communicates the end of the employment relationship between a company and an employee. It outlines the terms of departure for the employee, including any final payouts due, outstanding obligations, or guidelines to be followed during exit interviews or follow up meetings. While unfortunate, it’s necessary for employers to use this formal letter in order to protect their rights and responsibilities. It’s important to keep both parties informed so they can move on separately and without confusion.