4.5 Separation of Employment

Retirement

Staff members planning retirement should notify their supervisors as far in advance as possible.  A letter with the planned date of retirement should be copied to the Human Resources Office.  All regular full-time employees working at the College longer than three (3) consecutive years will have contributed to The Wilmington College Retirement Plan.  That account may be annuitized (or the money contributed by the employee can be cashed out) at any time after leaving the service of the College, subject to restrictions that might be imposed by TIAA.

Temporary Appointments

The services of staff employed on a temporary basis  cease automatically at the end of the specific employment term unless terminated earlier by the College.

Resignation

To resign in good standing, an employee must submit a resignation in writing to their immediate supervisor (and copied to Human Resources). A notice period of at least two weeks is expected unless prior arrangements with the College have been made.  Failure to give notice will result in forfeiture of unused vacation pay. The last day of employment  must be an actual working day.  Usage of vacation time during the notice period require manager approval, as this time is normally reserved for transition of duties.

Position Elimination

Budgetary and changing staffing needs may affect employment status due to elimination of positions.  The College will generally provide a written notice to an employee whose position is being eliminated.

Involuntary Termination

Employees may be involuntarily terminated due to unsatisfactory performance, policy violations,  conduct violations, or other reasons as determined by the College. The College is an at-will employer, whereby employment may be terminated at any time for any reason or no reason with or without notice.  Employees who are terminated due to unsatisfactory performance, policy violations or conduct violations are not eligible for unused vacation payout and any suck unused vacation will be forfeited.

Exit Interview

An exit interview is sent out to former employees by the HRIS. Matters related to fringe benefit continuation and final paycheck can be discussed with Human Resources Office . Credit cards and ID cards must be returned, and arrangements are made for return of keys and other College owned equipment and property, before the employee’s last day of work.  If any outstanding balances exist with the College, these may be withheld from the last check to the maximum extent permitted by law.