Disciplining an employee is done to enforce compliance with company standards, usually done by management.
Termination of an employee is the ending of the employment relationship between the organization and the employee. Firing is the slang term for termination. Termination is when an employee is dismissed due to ‘for cause’, ‘without cause’, lay-off or company closure.
There are many laws which regulate how and when an employee may be terminated.
Termination pay is given in place of the required notice of termination of employment. Severance pay is paid to a qualified employee who has his or her employment “severed”. It compensates for loss of seniority and job-related benefits and recognizes an employee’s years of service.
When an employee ends the employment relationship with an organization, they resign, commonly called ‘quitting’.
An employee may sue an organization after being terminated, often with a wrongful dismissal case or constructive dismissal case.
Performance Management is a system where information is given to the employee in order to tell them about their strengths and areas for improvement. In addition, it usually includes a set of goals or a plan in order to help the employee achieve success.
Giving Feedback:
Employee feedback is information which is given to the employee to help them achieve success. It can be positive and/or constructive feedback.
Goals help an employee achieve targets which will improve their contribution to the organization and often for themselves.