ENTREPRENEURSHIP

Detailed explanation-1: -It is a voluntary separation initiated by the employee himself. An employee may resign on grounds of ill-health, marriage, pregnancy, better opportunities in other organization etc.

Detailed explanation-2: -• Voluntary separation refers to the separation of employees on. their own request, while involuntary separation means the. separation of an employee where he/she is asked to quit. • There are many different types of separations which include both. voluntary and involuntary.

Detailed explanation-3: -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-4: -Examples of employment separation include firing, layoff, furlough, resignation, and retirement. Depending on the circumstances of your separation, you may be able to collect unemployment benefits and severance pay.