How to end the employment relationship on amicable
terms
While there are several ways to go about concluding an
employment relationship, one method that is often overlooked is an
agreement to mutually conclude employment. Whether the reason for
termination is performance based, restructuring or overall fit in
the workplace, a mutual agreement to end employment can provide a
dignified exit for the employee, while limiting exposure and costs
to the employer that might otherwise arise from termination.
More specifically, a mutual agreement allows the employee to
participate in crafting the terms of their departure without the
animosity and hurt feelings that can result from a unilateral
termination. For employers, a mutual agreement allows for necessary
changes to the workforce while avoiding the cost of litigation
arising from wrongful dismissal allegations.