Get Employment Retrenchment Notification 2004

Being laid off means you have lost your job due to changes that the company has decided to make on its end. The difference between being laid off and being fired is that if you are fired, the company considers that your actions have caused the termination.

Definition of Retrenchment is terminating an employee due to the surplus of labor or incapacity of employees to match the performance standards of the company.

Typically, economic reasons given for the need for retrenchment include the ability to make money or to retain sufficient funds to continue operations. Such reasons need not be confined to the current financial situation but could include the company's projected financial circumstances.

A layoff is also known as a retrenchment in (South African English). In the UK, permanent termination due to elimination of a position is usually called redundancy.

the selection criteria of which employees are to be retrenched, for example, the principle of “last in, first out” (“LIFO”), length of service, skills, qualifications and/or experience can be used; severance pay for the retrenched employees.

A layoff is when an employer temporarily or permanently terminates the employment of a worker, usually due to financial reasons or a lack of work. Retrenchment is a form of layoffs, typically used in the context of a company downsizing or restructuring its operations.

Facilitations in terms of section 189(A) of the Labour Relations Act 66 of 1995. Facilitation is a process that is conducted by a CCMA commissioner to assist parties in the consultation process when an employer is contemplating large scale dismissals on operational requirements, commonly referred to as retrenchments.

Definition of Retrenchment is terminating an employee due to the surplus of labor or incapacity of employees to match the performance standards of the company.