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Layoff. Molzen Corbin will aspire to provide two weeks’ notice in the event that a
layoff is necessary due to reduction in workload. Personnel affected should continue
their duties during this period. In the event that an employee is immediately released
from their duties, the employee will be paid wages for the period released.
Full-time regular personnel who are laid off will receive two weeks’ severance pay,
and any accrued but unused vacation leave will be paid. No compensation for unused
sick leave will be paid. If an employee who has been laid off is reinstated within one
year, their eligibility for certain benefits of employment will return to the status held
at the time of layoff.
Part-time and temporary employees will not receive severance pay upon layoff.
Involuntary Termination. In accord with “at-will” employment, an employee may
be terminated by Molzen Corbin at any time for any reason with or without advance
notice. Molzen Corbin may decide, at its sole discretion, to attempt to correct an
employee’s conduct, performance, or behavior rather than terminate an employee;
however, Molzen Corbin will determine whether corrective action should be taken,
and, if so, the mode that should be selected.
Employees terminated at the discretion of the Company who have been employed on
a full-time regular basis for at least six months will receive two weeks’ severance
pay. Part-time and temporary employees will not receive severance pay upon
termination.
Separation Procedures. The following procedures apply to all terminating
employees.
1. Exit Interview. An exit interview is held at the option of the Company for
the purpose of providing information to exiting employees with respect to the
benefits provided by the Company during their employment, collecting
Company property assigned to the employee during their employment and,
in cases where termination is involuntary, providing any final amounts due
the exiting employee. The exit interview is also an opportunity to obtain
information that might be useful in promoting improvement within the
organization. A record of the interview is kept in the confidential personnel
file.
2. Company Property. All Company property must be turned in to the Human
Resources Department before exiting employee’s departure.
3. Insurance. The exiting employee will be provided pertinent information to
convert group insurance so that a lapse in coverage does not occur.
III-5
inspired professionals defining excellence
“Nothing in this guidebook changes the “at-will” nature of employment with Molzen Corbin. This guidebook is not an exhaustive statement of all rights and
responsibilities of Molzen Corbin employees. Employees are directed to ask Human Resources for additional information about matters addressed in this
guidebook. Furthermore, nothing in this guidebook shall prohibit or is intended to interfere with the exercise of Employee rights under Section 7 of the
National Labor Relations.”