If you have to let an employee go or they quit, you should provide them with a termination of benefits letter. Here’s what to include in your letter and a sample template.
As a business leader, when you make the difficult decision to fire or lay off an employee – or if they decide to quit – you must end their employee benefits. While most benefits are immediately terminated, employees often have the right to continue with some benefits. Terminating employee benefits is a delicate process, and you want to make sure you follow all of the proper steps.