Termination Vs Retirement Vs Resignation

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(quote)

The actions are the activities of the employees during his/her tenure in the organisations. It comes like Hiring-Transfer/Promotion-Resignation-Withdrawl-Seperation. Termination is nothing but force retirement or retrenchment. Action reason will be sepeate for the both.


Termination is something the employee is forced to leave maybe on the disciplinary grounds or violation of conduct guidelines whereas the retirement can be the employee completes his tenure/his service. resignation is some thing the employee leaves the organisation reasons may be personal or professional such as better oppurtunities etc for all these Seperation action will do with a different set of reason for the action.

Reasons for the seperation
Employee Initiated - Working Conditions / Environment
Employee Initiated - Career Change
Employee Initiated - Compensation
Employee Initiated - Location
Employee Initiated - Work/Life Balance (Hours Worked, Family Resp, etc)
Employee Initiated - Education (Higher Education or New Field of Study)
Employee Initiated - Emigration
Employee Initiated - Declining Performance
Employee Initiated - Abandonment of Duty
Employee Initiated - Failure to Return from Leave
Employee Initiated - Unknown
Employee Initiated - Company to Company Transfer
Employee Initiated - Country to Country Transfer
Manager Initiated - Management Initiated Separation (MIS)
Manager Initiated - Resource Action – Voluntary
Manager Initiated - Resource Action – Involuntary
Manager Initiated - Divestiture
Manager Initiated - Outsourcing
Death

Reasons for the retirement

Employee Initiated - Opportunity (Growth, Promotion)
Employee Initiated - Job Interest/Challenge (Job Content)
Employee Initiated - Freedom of Action (Autonomy, Decision Making)
Employee Initiated - Working Conditions / Environment
Employee Initiated - Career Change
Employee Initiated - Compensation
Employee Initiated - Location
Employee Initiated - Work/Life Balance (Hours Worked, Family Resp, etc)
Employee Initiated - Education (Higher Education or New Field of Study)
Employee Initiated - Emigration
Employee Initiated - Declining Performance
Employee Initiated - Abandonment of Duty
Employee Initiated - Failure to Return from Leave
Employee Initiated - Unknown
Employee Initiated - Company to Company Transfer
Employee Initiated - Country to Country Transfer
Manager Initiated - Management Initiated Separation (MIS)
Manager Initiated - Resource Action – Voluntary
Manager Initiated - Resource Action – Involuntary
Manager Initiated - Divestiture
Manager Initiated - Outsourcing
Death

(unquote)