CAT / FIA FBT Syllabus A. The Business Organisation, Its Stakeholders - Law protections for employee - Notes ^{3 / 7}

Retirement

• In the UK, many employees are taking early retirement perhaps as a result of corporate downsizing but many people still search for work at an older age and there are pressure groups seeking to ban ageism.

Resignation

• People resign for many reasons, personal and occupational.  Employees who are particularly valuable should be encouraged to stay.  

  Particular problems the employee has been experiencing (example salary) may be solvable, though not always in the short term.  

  In any case, an exit interview, when the leaver explains the decision to go, is a valuable source of information.

Dismissal

• The statutory minimum period of notice to be given is determined by the employee’s length of continuous service in the employer’s service.

  Wrongful dismissal is dismissal that breaches the contract of employment.  

  Unfair dismissal is dismissal without a good reason for which the legal concept protects the employee.

There are 3 forms of dismissal:

1. by employer,

2. by the employee,

3. fixed contract without renewal.