Page 8 - CORE Handbook
P. 8
Section: Employment Policies Employment Termination
1. Core, LLC and its employees share a working relationship defined as employment-at-will. Simply stated, employment-at-will means that in the absence of a specific written agreement, you are free to resign at any time, and Core, LLC reserves the right to terminate your employment for any reason (which does not violate any applicable law) with or without prior notice.
2. Termination of employment is an inevitable part of personnel activity within any organization, and many of the reasons for termination are routine. Below are a few examples of some of the most common circumstances under which employment is terminated:
Resignation - voluntary employment termination initiated by an employee.
Termination - involuntary employment termination initiated by Core, LLC.
Layoff - involuntary employment termination initiated by Core, LLC for non-disciplinary reasons.
3. If you wish to resign, you are requested to notify your manager in writing of your anticipated departure date at least two weeks in advance. Of course, as much notice as possible is appreciated by Core, LLC and your coworkers. This notice should be in the form of a written statement.
4. In the case of termination due to resignation, retirement, or permanent reduction in the work force, your accrued vacation pay will be paid on a pro-rata basis.
5. Unused personal time is not paid upon termination. In the case of termination, any vacation or personal/sick time used in excess of accrued time will be deducted from your final paycheck given your prior written permission.
6. Furthermore, any outstanding financial obligations owed to Core, LLC will also be deducted from your final check given your prior written permission.
7. A meeting between you and your immediate manager will take place prior to your last day of work. A health insurance extension of benefits under COBRA regulations is available and is offered via mail to eligible employees. Parking cards, office keys, Company equipment, and building passes must be returned at this time.
8. If you leave Core, LLC in good standing, you may be considered for re- employment.
Core, LLC – Updated: 7/2/2014 8