I Quit/You're Fired: Best Practices for Administering Final Pay and Severance Payments

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When an employee unexpectedly resigns or you have no choice but to fire her on the spot, you must be prepared to dole out the final paycheck because the clock is swiftly ticking under your state’s applicable laws.

It’s important to be prepared with a game plan on how you’ll handle issues related to the final paycheck and the separation of employment long before an employee gives her notice or you’re in a situation where you need to serve someone with her walking papers.

Regardless of whether an employee leaves voluntarily or goes kicking and screaming, you need to be up-to-date on the latest information so you can stay in compliance.