Termination & Resignation Policy at 5 Core

At 5 Core, we maintain a professional and transparent approach to employment transitions. Whether an employee chooses to resign or is subject to termination, the following policies ensure a fair and structured process.

Resignation Policy:

  • 1. Notice Period – Employees are required to provide a written notice of at least [X] days before resigning to ensure a smooth transition.
  • 2. Handover of Responsibilities – Departing employees must complete all pending tasks and properly hand over responsibilities to a designated team member.
  • 3. Exit Clearance – All company assets (e.g., laptops, IDs, documents) must be returned, and outstanding dues or formalities must be cleared before the final settlement.
  • 44. Final Pay & Benefits – The last paycheck, including any applicable benefits, will be processed as per company policy and legal regulations.
  • 5. Exit Interview – Employees may be required to participate in an exit interview to provide feedback and facilitate process improvements.

mination Policy:

  • 1. Performance-Based Termination – Employees failing to meet performance expectations despite warnings and improvement plans may be subject to termination.
  • 2. Behavioral & Policy Violations – Any violation of company policies, including misconduct, dishonesty, harassment, or breach of confidentiality, may lead to immediate termination.
  • 3. Fraud & Monitoring System Violations – Any attempt to manipulate work hours, use of unauthorized software (e.g., mouse jigglers, productivity hacks), or cheating on monitoring systems will result in disciplinary action, including termination.
  • 4. Immediate Dismissal – In cases of serious misconduct or gross negligence, the company reserves the right to terminate employment without notice.
  • 5. Final Settlement – Upon termination, the employee will receive their final dues as per legal and contractual obligations.

This policy ensures that all employment transitions are handled professionally while maintaining the integrity and efficiency of 5 Core.