# Voluntary Employment Termination Event

**IRI:** https://folio.openlegalstandard.org/R8RzOhOfkA2gKQoBAsxgWTd

## Labels

## Definition

Voluntary employment termination event refers to the act of an employee willingly leaving their job, either through resignation or retirement. This is distinct from involuntary termination, where the employer initiates the separation due to reasons like downsizing, performance issues, or misconduct.

## Sub Class Of

- https://folio.openlegalstandard.org/RCy69ZSLkXNMIWCj0nv9qzO

**Comment:** From LIST: Legal Issues Taxonomy — https://taxonomy.legal/

**Deprecated:** False