Labor Laws - Termination vs Resignation

Video and Transcript:  UNDER CONSTRUCTION 

Source Articles: 
https://www.indeed.com/career-advice/career-development/termination-vs-resignation 

1. What is the definition of Termination vs Resignation?
   1. Types of Termination: Fired, Layoff, Furlough, Wrongful Termination 
   2. Types of Resignation: Voluntary vs Forced Resignation 
2. What is the difference between Termination vs Resignation? 
   1. Initiation of Separation 
   2. Notice Period  
   3. Compensation  
      1. Timing of Compensation 
         1. Varies by state law – immediate payment vs paying out on next payroll 
            1. Federal:  https://www.dol.gov/general/topic/wages/lastpaycheck 
            2. State:  Go to the State's Dept of Labor website and search for "Final Pay" 
               1. Sample chart https://www.patriotsoftware.com/blog/payroll/final-paycheck-laws-by-state/    
               2. ALERT – Laws are changing all the time – ALWAYS double-check with the state DOL website 
         2. How to Prorate salaried employees' final pay (Monthly vs Semimonthly vs Biweekly 
      2. Termination of Benefits 
         1. Timing 
         2. Prorate 
      3. Payout of unused PTO 
         1. Varies by state law 
      4. Severance 
3. What impact does this have on Unemployment Eligibility? 
   1. Terminated through no fault of your own 
   2. Terminated – just or unjust 
   3. Resignation