ENTREPRENEURSHIP

Detailed explanation-1: -Voluntary termination may refer to a variety of actions, but most commonly, it refers to an employee’s decision to leave a job on their own accord. It differs from a layoff or a firing, in which the decision to end employment was made by the employer or another party, rather than the employee.

Detailed explanation-2: -Voluntary resignation of the employee is understood to be a procedure whereby the employee expresses to the company for which he/she works his/her desire to resign from his/her position. That is to say, to terminate the employment relationship that unilaterally unites them.

Detailed explanation-3: -Exit: When you resign, you often follow the human resources process for exiting the company. You also provide your employer with ample notice and take part in an exit interview. When you quit, you typically walk out immediately without giving notice or following the human resources protocol.

Detailed explanation-4: -Voluntary separations means employees leaving or quitting an Organization on their own reasons but not for the decision made by their organisation . This type can be minimized through equitable compensation, benefits programs, and the creation of strong links between the employee and the organization.

Detailed explanation-5: -Attrition is the departure of employees from the organization for any reason (voluntary or involuntary), including resignation, termination, death or retirement.