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Private Company Termination Policy
"I need a Private Company Termination Policy for my Australian technology startup with 50 employees, incorporating specific provisions for remote workers and international contractors, which must be compliant with Australian law and ready for implementation by March 2025."
1. Purpose and Scope: Outlines the policy's objectives and who it applies to within the organization
2. Definitions: Defines key terms used throughout the policy including types of termination, notice periods, and relevant parties
3. Legal Framework: References to relevant legislation and regulatory requirements that govern termination procedures
4. Types of Termination: Details different categories of termination (resignation, redundancy, dismissal for cause, etc.)
5. Notice Periods: Specifies required notice periods for different types of termination and employment categories
6. Termination Procedures: Step-by-step processes for handling different types of termination
7. Final Pay and Entitlements: Calculation and processing of final pay, including leave entitlements and other benefits
8. Return of Company Property: Requirements and procedures for returning company assets and information
9. Confidentiality and Ongoing Obligations: Post-employment obligations regarding confidential information and intellectual property
10. Documentation Requirements: Required forms, letters, and record-keeping procedures for termination processes
1. Redundancy Procedures: Detailed procedures for handling redundancies - include for companies with 15+ employees
2. Executive Termination Procedures: Special provisions for terminating executive-level employees - include for companies with executive employees
3. International Employee Provisions: Special considerations for international employees - include for companies with overseas workers
4. Workplace Investigation Procedures: Detailed processes for conducting workplace investigations - include for larger organizations
5. Outplacement Support: Details of career transition support - include if company offers outplacement services
6. Remote Worker Provisions: Special procedures for remote workers - include if company employs remote workers
7. Performance Management Link: Connection to performance management processes - include if company has formal performance management system
1. Schedule A - Termination Checklist: Comprehensive checklist for managers to follow during termination process
2. Schedule B - Template Letters: Standard templates for termination-related correspondence
3. Schedule C - Final Pay Calculator: Guide for calculating final pay and entitlements
4. Schedule D - Exit Interview Form: Standard form for conducting and documenting exit interviews
5. Appendix 1 - Notice Period Table: Detailed table of notice periods for different employment categories
6. Appendix 2 - Redundancy Payment Calculator: Guide for calculating redundancy payments
7. Appendix 3 - Company Property Register: Template for recording company property to be returned
8. Appendix 4 - Regulatory Compliance Checklist: Checklist ensuring compliance with relevant legislation and regulations
Authors
Technology
Manufacturing
Retail
Professional Services
Financial Services
Healthcare
Construction
Education
Hospitality
Mining
Agriculture
Transportation
Media and Entertainment
Real Estate
Energy
Human Resources
Legal
Compliance
Senior Management
Operations
People and Culture
Industrial Relations
Employee Relations
Finance
Administration
Chief Executive Officer
Human Resources Director
HR Manager
Legal Counsel
Department Manager
Line Manager
Team Leader
Operations Manager
Chief Financial Officer
Compliance Officer
HR Business Partner
People and Culture Manager
Industrial Relations Manager
Employee Relations Specialist
Recruitment Manager
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