Title: New Jersey Termination for Theft of Company Property Letter — Types and Detailed Descriptions Introduction: A New Jersey Termination for Theft of Company Property Letter is a formal document used by employers to terminate an employee's contract due to theft of company assets. This letter serves as legal evidence and provides the employee with details regarding the termination. While there may be different variations, here are a few types of termination letters commonly used in New Jersey: 1. New Jersey Termination for Theft of Company Property Letter — Standard Version: The standard version of this termination letter is utilized when an employee has been found guilty of stealing company property. It outlines the incidents, supporting evidence, and regulatory policies breached, and asserts the immediate termination of employment. This version typically includes a clear directive for the employee to return the stolen property and any related confidential information. 2. New Jersey Termination for Theft of Company Property Letter — Suspension First: In cases where the evidence of theft is less conclusive or the theft of property is of a minor nature, employers may opt for a suspension first approach. This letter outlines the employer's decision to suspend the employee pending further investigation, during which time additional evidence may be collected. If the evidence proves the employee's guilt, the termination process will commence, and a subsequent termination letter will follow. 3. New Jersey Termination for Theft of Company Property Letter — Restitution and Termination: In some cases, an employer may choose to offer the employee an opportunity to make restitution before proceeding with termination. This variation of the termination letter requests the employee to repay the value of the stolen property within a specific timeframe. If the employee complies, the termination may be replaced with an alternative disciplinary action, depending on the circumstances and severity of the theft. 4. New Jersey Termination for Theft of Company Property Letter — Criminal Proceedings: When the theft of company property involves a significant value or multiple instances, the employer may decide to involve law enforcement. In such cases, an employer may issue a termination letter stating their intention to proceed with criminal charges alongside the termination. This letter serves as both a termination notice and a notification of the employer's cooperation with the legal system. Conclusion: New Jersey Termination for Theft of Company Property Letters vary based on the nature and severity of the theft, as well as the employer's preferred approach. Regardless of the type, these letters serve as official documentation of an employee's termination due to theft and contain essential details such as the incidents, supporting evidence, and instructions regarding the stolen property's return. Employers must ensure that such letters are drafted in accordance with legal requirements to protect the company's rights.