Document background
In the Malaysian employment context, a Separation Agreement and Release serves as a crucial document when terminating employment relationships by mutual agreement. This document is typically used during voluntary separations, redundancies, or negotiated exits to provide clear documentation of separation terms while ensuring compliance with Malaysian employment laws. It protects both employer and employee interests by clearly outlining final payments, benefits, continuing obligations, and mutual releases of claims. The agreement helps prevent future disputes by providing comprehensive coverage of all separation-related matters, from financial settlements to confidentiality requirements, while ensuring alignment with local statutory requirements and employment practices.
