Puerto Rico Termination Statement
Description
How to fill out Termination Statement?
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FAQ
No At-Will Employment in Puerto Rico Employers must demonstrate just cause for employee termination or risk paying a premium (una mesada) to the discharged employee that can be a severance package on steroids ? including two months' salary (minimum) plus progressive compensation depending on length of service.
Dear (employee name), This letter is to inform you that your employment as (name of position) at (company name) is officially terminated effective (date of termination). You have been terminated due to the following reasons: (A detailed list or explanation of why you are terminating the employee.
What should be included in a termination letter? The effective date of termination. ... The reason for dismissal. ... Compensation and benefits information going forward. ... Company property that is to be returned. ... Reminder of signed employment documents. ... Name and contact information for a human resources representative.
Yes, there are US federal laws and local laws in Puerto Rico prohib- iting discrimination and harassment in employment. Local anti-discrimination laws include: ? Law No. 100 of 30 June 1959 (the General Anti-Discrimination Act), as amended in 2013 by Laws Nos.
The 8-Step Employee Termination Checklist Communicate. ... Prepare Formal Notice. ... Issue Termination Letter. ... Conduct An Exit Interview. ... Collect Company Property. ... Change Employee Access. ... Process The Termination Records. ... Administer Final Pay.
It outlines the reasons for termination, relevant details such as the effective date of termination and final pay, and may also include information on severance pay, benefits, or any other key information.
Whether the employee quits, was fired, or laid off, use the following employee termination procedures. Issue the last paycheck. ... Give severance pay. ... Retrieve business property. ... Explain COBRA. ... End child support withholding. ... Conduct an exit interview. ... Update your payroll. ... Talk to remaining employees.
The statutory severance formula for employees hired on or after January 26, 2017, regardless of years of service, changes to three months of salary plus two weeks for each completed year of service. The statutory severance is capped at nine months.
