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MASBATE SERVICE PROVIDER COOPERATIVE
#40 Quezon St., Masbate City
CDA-Reg.#NG-4214 TIN: 287-331-309

Termination of employment is an inevitable part of personnel activity within any organization, and many of the reasons for termination are routine. Below are a few examples of some of the most common circumstances under which employment is terminated:

 Resignation – voluntary employment termination initiated by an employee.

 Termination – involuntary employment termination initiated by MASEPROC TECHVOC.

 Layoff – involuntary employment termination initiated by MASEPROC TECHVOC for non-disciplinary reasons.

When a non-exempt employee intends to terminate his/her employment with MASEPROC TECHVOC, he/she shall give MASEPROC TECHVOC at least two (2) weeks written notice. Exempt employees shall give at least four (4) weeks written notice.

Since employment with MASEPROC TECHVOC is based on mutual consent, both the employee and MASEPROC TECHVOC have the right to terminate employment at will, with or without cause during the Introductory/Probationary Period for New Employees (See Section 3.3, Introductory/Probationary Period for New Employees).

Any employee who terminates employment with MASEPROC TECHVOC shall return all files, records, keys, and any other materials that are property of MASEPROC TECHVOC. No final settlement of an employee’s pay will be made until all items are returned in appropriate condition. The cost of replacing non-returned items will be deducted from the employee’s final paycheck. Furthermore, any outstanding financial obligations owed to MASEPROC TECHVOC will also be deducted from the employee’s final check.

Employee’s benefits will be affected by employment termination in the following manner. All accrued vested benefits that are due and payable at termination will be paid. Some benefits may be continued at the employee’s expense (See Section 5, Benefits) if the employee elects to do so. The employee will be notified of the benefits that may be continued and of the terms, conditions, and limitations.
For more information, please contact us:Merlie A. Ciudadano-09275348493; Baybee E. Mijares-09095124419; Alex B. Amican-0929.1647732
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