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F1 BPP ST(August 2020) [Unlocked by www.freemypdf.com] (1)

early retirement 
perhaps as a result of corporate downsizing, but 
many people still search for work at an older age and there are pressure groups seeking to ban 
ageism 
in 
recruitment. Retirement ages for men and women are being 
equalised
.
 
Organisations 
encourage retirement
for a variety of reasons. 

Promotion opportunities are created for younger workers. 

Early retirement is an alternative to redundancy. 

The age structure of an organisation may become unbalanced. 

The cost of providing pensions rises with age. 
3.2 Resignation 
People resign for many reasons, personal and occupational. Employees who are particularly valuable 
should be encouraged to stay. Particular problems the employee has been experiencing (eg salary) may 
be solvable, though not always in the short term. 
In any case, an 
exit interview
, when the leaver explains the decision to go, is a valuable source of 
information. 
The 
period of notice
required for the employee to leave should be set out in the contract of employment, 
but some leeway may be negotiated on this.
BPP Tutor Toolkit Copy


PART A: THE BUSINESS ORGANISATION, ITS STAKEHOLDERS AND THE EXTERNAL ENVIRONMENT 
 
28
 
3.3 Dismissal 
There are three forms of termination that constitute dismissal under UK law (Employment Rights Act 
1996, (TSO, 1996)). 
(a) 
The termination of an employee's contract 
by the employer 
(b) 
The ending of a fixed-term contract 
without renewal 
on the same terms: in effect, there is no 
such thing as a fixed-term contract of employment 
(c) 
Resignation by the 

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