Resignation Agreement Contract: Everything You Need to Know
A resignation agreement contact is very important in the event you find yourself wanting to leave your job.3 min read
A resignation agreement contact is very important in the event you find yourself wanting to leave your job. It is a short letter that gives notice to your employer that you will be terminating your employment. While the majority of companies do not require a letter of resignation, experts suggest that a letter of resignation is the appropriate course of action and demonstrates courtesy and professionalism.
What Are Resignation Letters Sometimes Referred to As?
- Notice of resignation.
- Notice letter.
- Resignation notice.
- Two-weeks notice letter.
Regardless of the term, most letters will include your name, the last day you will work, and any other terms of your resignation.
An employment contract may specify that an employee is obligated to provide a resignation letter as a formal notice if they plan to leave the company. The request is most often placed within a contract to provide the employer with a written record of the employee's acceptance in leaving the company and will help in defining benefits. Resignation contracts usually use legal wording for contracts.
Most employers request at least a two-week notice; however, employee contracts will vary from employer to employer. It is always suggested to read your employment contract to understand the obligations and procedures you must follow when terminating employment. Beware that a verbal notice is not the same as a written notice; failing to follow the terms of the contract could constitute a breach in contract.
As previously mentioned, experts suggest a letter of resignation be provided regardless because it is courteous and professional. A notice allows the employer and co-workers to prepare for your departure and make arrangements to replace your current position.
What Does a Resignation Letter Include?
Most resignation letters are not lengthy in detail. A typical letter will state the facts and the resignation date. The resignation date is not the last day you will work; it's the date you hand your employer the letter.
The letter should also provide your contact information, the company's information, and the date of your expected last day to work. When stating the reason for leaving, keep it brief and simple. For example, you may say you are pursuing other opportunities. The letter should end with an appropriate closing salutation, followed by your name.