It is a formal notice of an employee’s termination of employment. It usually contains the pertinent details surrounding the employee’s termination and an official record that they have been terminated from their position. It is also referred to as a letter of dismissal, notice of termination, or termination notice. The term “pink slip” may refer to a termination letter delivered on the pink layer of a triplicate form. A properly worded letter of termination informs the employee of their rights and responsibilities after leaving the organization. The departing employee may then follow internal HR policies to protect the organization, ensuring a smooth transition.
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