
Termination of employment means ending the
employer-employee relationship between an employer and employee.
Termination of employment can be initiated by any of the parties to
a contract of employment. Lawful termination of employment under common
law includes:
Termination
of employment by agreement: When the employer and employee agree to bring
a contract of employment to an end in accordance with an agreement.
For example, if there is a contract for a period of one year and the
agreed period expires then the contract will obviously come to an
end.
Automatic
Termination: A contract of employment may be terminated automatically
in circumstances such as death or loss of business...