Staff Separation
ICSE · Class 12 · Business Studies
Complete topic list for Staff Separation in ICSE Class 12 Business Studies. Key concepts, sub-topics, and what to focus on for board exams.
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Topics in Staff Separation
1. Meaning and Importance of Staff Separation
- Staff separation means an employee leaving the organisation.
- It is also called attrition.
- Separation may happen due to retirement, resignation, suspension, dismissal, retrenchment, layoff, and death.
2. Means of Staff Separation
- The main means of staff separation are retirement, layoff, retrenchment, resignation, suspension, and dismissal.
- Each means has a different cause and legal or organisational effect.
- A good answer should clearly distinguish temporary separation from permanent separation.
3. Retirement
- Retirement means separation on attaining age of superannuation, before superannuation under an incentive scheme, or due to disease or disability.
- Compulsory retirement happens on attaining the retirement age fixed in the contract.
- In Government service, the retirement age is 60 years.
4. Layoff
- Layoff is temporary removal of an employee from the payroll due to circumstances beyond the control of the employer.
- The employer-employee relationship does not come to an end during layoff.
- The worker is expected to be called back in future.
Key Concepts
Central concept: Staff Separation
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