Employment Contracts Termination and Final Settlement Calculations Skills

Overview

Termination of employment contracts and final settlement calculations are crucial skills for any responsible professional in human resources or management. Mastery of these skills ensures smooth transitions and protects the interests of both the employer and the employee. These tasks require a comprehensive understanding of
employment contract termination procedures and final payment calculations, enabling professionals to handle these processes efficiently and legally.

Demonstrating proficiency in employment contract termination and final settlement calculations brings substantial benefits to responsible professionals, employees, and organizations. This expertise ensures that responsible professionals comply with legal standards, reduces the risk of disputes, and enhances their reputation for fairness and efficiency. Employees also benefit from clear communication, accurate final
settlements, and fair treatment during the termination process, which can ease their transition and maintain morale. Additionally, organizations experience reduced legal risks, improved employee relations, and a more streamlined termination process, leading to a more stable and productive work environment. Overall, these skills contribute to a respectful and legally sound handling of employment matters.

This training will provide the trainees with the fundamentals of labor contracts, including the definition, nature, and rights of terminations. The course covers both Fixed Duration Contracts (FDC) and Unfixed Duration Contracts (UDC), detailing their characteristics, legal and illegal termination practices, and final settlement calculations. Participants will gain a thorough understanding of employment contract termination procedures and final payment calculations.

Objective

This course aims to provide participants with the skills to comprehend the termination procedure, carry out employment contract terminations, and calculate final payments. Therefore, upon completion of this program, the trainees will be able to:

  • Understand the concept of establishing and implementing employment contracts within an enterprise.
  • Clearly define and differentiate between the application of fixed-duration contracts (FDC) and Unfixed duration contracts (UDC).
  • Identify the required notice period and calculate the final payment for different types of contracts (FDC & UDC).
  • Define the legal and illegal termination practices for both FDC and UDC.
  • Execute the termination procedures and calculate the final payment settlements for the termination of each contract (FDC & UDC).
  • Stay informed about legal issues pertaining to employment contracts.

Content

This training will cover the most important below 4 modules:

Module 1: Understanding Labour/Employment Contract
Module 2: Fixed Duration Contract (FDC) and Its Termination
Module 3: Final Settlement Calculation of Fixed Duration Contract (FDC) Termination
Module 4: Unfixed Duration Contract (DDC) and Its Termination
Module 5: Final Settlement Calculation of Unfixed Duration Contract (UDC) Termination

Who should Attend?

This course will benefit HR Administrative Professionals, Payroll Professionals, Compliance Professionals, Compensation and Benefits Professionals, Accounting & Finance Professionals, and Compliance Professionals.

Trainer's Profile

She is currently a lawyer and a member of the Bar Association of the Kingdom of Cambodia. Additionally, she serves as the Managing Director for one of the foremost law firms and works as a freelance business advisor and trainer, with more than 10 years of experience in delivering Industrial Relations programs.

Fee Charged

The course fee is USD 170.00. It is inclusive of course materials, handouts, meals, refreshments, and certificates of completion but does exclude 10% of VAT amount.

We are offering an early bird registration fee to anyone who registers earlier. Interested participants or companies are encouraged to view the course details and early bird registration deadline. For further details on early bird fee, please find the following:

USD 130 (Register before 09 August 2024)
USD 150 (Register before 16 August 2024)