Document background
This Employment Termination Policy serves as a crucial governance document for organizations operating in India, establishing standardized procedures for handling employee exits in compliance with Indian labor laws. The policy becomes essential when organizations need to ensure consistent application of termination procedures while maintaining legal compliance across different employee categories. It incorporates requirements from various Indian legislative frameworks, including the Industrial Disputes Act, state-specific labor laws, and relevant Supreme Court judgments. The document provides detailed guidance on notice periods, severance calculations, exit procedures, and final settlements, while addressing both voluntary and involuntary terminations. This policy is particularly important given India's complex labor law landscape and the need to maintain clear documentation for regulatory compliance.
