Colorado Exit - Termination Checklist

State:
Multi-State
Control #:
US-434EM
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Word; 
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This Employment & Human Resources form covers the needs of employers of all sizes.
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FAQ

Colorado follows the legal doctrine of "employment-at-will" which provides that in the absence of a contract to the contrary, neither an employer nor an employee is required to give notice or advance notice of termination or resignation.

An employee termination checklist creates an outline for employee exit processes within your business. The checklist contains information you need to give terminated employees, items you need to retrieve from exiting employees, exit interview information, and more.

Employee termination checklistTalk to the employee. There are many ways an employee can tell you they're quitting.Collect company property.Remove employee access.Pass out paperwork.Have an exit interview.Let people know.Update records.Distribute final paycheck.

When going through the termination process with an employee, make sure they are given these required documents:Final paycheck acknowledgment- Signed by the employee.For your benefit (Form 2320)COBRA notice.Health Insurance Premium (HIP) notice.

Are termination letters required? Most companies are not required by law to give employees letters of termination. The exceptions are those located in Arizona, California, Illinois and New Jersey. Most employers, however, do provide termination letters as a professional courtesy and a legal record.

In Colorado, as in most states, the employer-employee relationship is generally considered at will. This means the employer can fire or demote the employee for any reason.

Such documents may include, but are not limited to: attendance records, performance reviews, disciplinary records, signed employee acknowledgment of company handbook and other policies, offer letters, employment agreements, restrictive covenants, and incentive compensation plans. Procedures For The Termination Meeting.

In other words, firing is "the final step in a fair and transparent process," as outlined below.Identify and Document the Issues.Coach Employees to Rectify the Issue.Create a Performance Improvement Plan.Terminate the Employee.Have HR Conduct an Exit Interview.

Five Things an Employer Should Consider Before Firing an EmployeePotential Issue #1: Is the Termination Justified?Potential Issue #2: Are There Any Employment Contracts?Potential Issue #3: Will the Firing Come as a Surprise to the Employee?Potential Issue #4: Will the Employee Claim the Firing Is Illegal?More items...?

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Colorado Exit - Termination Checklist