MGMT 2430 Study Guide - Final Guide: Wrongful Dismissal, Employee Engagement, Constructive Dismissal

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Chapter 15: Managing Employee Separations
Definitions:
Turnover: the teriatio of a idiidual’s eployet ith a
organization
Voluntary Turnover: employee initiated termination of employment,
such as quits, retirement, or resignation
Involuntary Turnover: employer initiated termination of employment,
such as dismissal or layoff
Quitting: voluntary, employee initiated resignation
Retirees on Call: a program where retirees can continue to work on a
part time or as needed basis post retirement
Phased Retirement: potential retirees gradually reduce the number of
hours worked per week over time
Pre-Retirement Counselling: counselling provided to employees some
months or even years before retirement, which covers such matters as
benefits advice, second careers, and so on
Dismissal: iolutary teriatio of a eployee’s eployet
Dismissal for Just Cause: an employer initiated termination based on
a eployee’s poor ehaiors; i these situatios, o seerae,
reasonable notice periods, or additional payments beyond what the
employee has already earned are owed
Insubordination: willful disregard or disobedience of the boss’
authority or legitimate orders; criticizing the boss in public
Downsizing: refers to an intentional decision made by executives
within the organization that involves a reduction of the workforce to
improve efficiency or effectiveness of the organization by affecting the
work process. Often the term layoff is used to define downsizing in
research and organizations
Layoff: the temporary withdrawal of employment to workers for
economic or business reasons
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