Draft!: Notice of Termination of employment due to retrenchment

Notice of Termination due to Operational Reasons

Draft a notice to retrench, this notice is after the employee was notified of the intention to retrench, a consultation(s) has occurred, any alternatives to retrenchment has been weighed and / or rejected by management and a final list of employees that will be retrenched have been finalized. At this stage of the process the employees who receive this notification, is receiving notice that they are being terminated, i.e. the employment relationship is being terminated;

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Employee Name:(Required)

NOTICE OF TERMINATION OF EMPLOYMENT DUE TO OPERATIONAL REQUIREMENTS OF THE EMPLOYER (RETRENCHMENT)

It is with sincere regret that management must inform you that since concluding the consultation process, you have been selected to be retrenched for the reasons set out in the initial notice of intention and the consultations flowing from the notice;


The following amount has been calculated in terms of your total severance package:

Breakdown of above amount:

Details of retrenchment:

Notice period:(Required)
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The Company will, apply to SARS for a tax directive on the severance package;

The Company will make payment of the severance package, less any deductions as directed by SARS within 7 days from the date on which SARS issues a valid tax certificate.

Your normal salary, up to and including your termination date will be paid within 7 days of your last working day.

Any accrued annual leave in an amount of (see above), less ordinary deductions will be paid to you within 7 days of your last working day;

If you feel that you have been unfairly treated you are entitled to refer an unfair dismissal dispute to the folowing dispute resolution agency within 30 days of the date of termination of your services(Required)

You are to please return all Company property in your possession prior to your termination date, failing which your final payment will be withheld pending such return.

The Company would like to thank you for your service and we wish you well in your future endeavours.



Yours faithfully,


_________________________
Management.
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