Document background
The Mutual Termination Of Employment Letter is used when both an employer and employee in Australia agree to end their employment relationship by mutual consent. This document is particularly relevant when parties wish to formalize an amicable separation outside of standard resignation or termination processes. It addresses requirements under Australian employment law, including the Fair Work Act 2009, and typically includes details about the termination date, final entitlements, handover arrangements, and ongoing obligations. The letter is crucial for documenting the voluntary nature of the separation and protecting both parties' interests by clearly stating agreed terms. It's commonly used during corporate restructures, when employees transition to new opportunities, or in situations where both parties agree that ending the employment relationship is in their mutual best interest.
