# What is Termination of Employment?

Termination is ending the employment relationship. SMEs must handle it legally, fairly, and with documentation to reduce disputes.

Source: https://faqtic.co/glossary/termination

## Why it Matters for SMEs

- Legal compliance
- Protects reputation
- Reduces risk

## Example in Practice

Factorial stores termination letters and exit checklists.

## Frequently Asked Questions

### Voluntary vs involuntary?

Voluntary is resignation, involuntary is dismissal.

### Notice periods?

Defined in contract or law.

### Final pay?

Must include owed wages and leave.

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Canonical HTML: https://faqtic.co/glossary/termination