Resignation

Resignation is the formal act of giving up or quitting one's office or position. It can also refer to the act of admitting defeat in a game like chess, indicating a wish to stop playing. The term resignation is derived from the Latin 'resignare', meaning 'to unseal, undo, and annul'. It is commonly used when an individual chooses to leave a position due to personal reasons or workplace dissatisfaction.

Types of Resignation

There are two types of resignation: voluntary and involuntary.

• Voluntary Resignation is when an employee voluntarily decides to leave a position. This could be due to a new job offer, dissatisfaction with the job, or personal circumstances such as relocation or retirement.

• Involuntary Resignation is when an employee is forced to resign due to the employer's decision. This could be due to poor performance, misconduct, or changes in the organization such as downsizing or restructuring.

Resignation Process

The process of resignation typically involves a formal letter of resignation. The Resignation Letter is a document that provides notice to the employer about the employee's intent to leave the job. It usually includes the date of the letter, the last working day, and the reason for resignation.

Effects of Resignation

Resignation can have various effects on both the individual and the organization. For the individual, it could mean a change in career, a break from work, or the start of a new job. For the organization, it could mean the loss of an experienced employee, a gap in the workforce, or the need to recruit and train a new employee.

See Also

• Employment
• Retirement
• Job Satisfaction
• Employee Turnover

References

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