This form is a Termination Statement. The former employee certifies that he/she has returned to his/her former employer all originals and copies of computer programs, confidential information, and equipment upon termination of employment.
If you haven't received your termination statement, it’s best to reach out to your HR department or manager. It might be an oversight, and you want to clear the air as soon as possible.
Typically, you will be asked to sign the termination statement to acknowledge that you have received it. Signing does not necessarily mean you agree with the contents, just that you have seen it.
Yes, an employee can certainly dispute the termination statement if they feel the information is incorrect or if they believe the reasons stated are unjust. Open communication is usually the best way to handle such concerns.
An employer usually prepares a termination statement by gathering all necessary details about the employee's time at the company, discussing the termination reason with HR, and then putting it all in writing.
A proper termination statement should include the employee's name, job title, dates of employment, the reason for termination, and any details about last payments or benefits.