Slicing Pie

            Resign for No Good Reason

            The last reason for separation is when someone quits for their own reasons unrelated to the firm. Perhaps they no longer believe in the company’s vision, perhaps they found a better job somewhere else, or perhaps they won the lottery and want to retire. It may be a good reason for them, but not for the company. No matter what the reason, they are leaving a company that needs them and will have to suffer the consequences, which are the same as being fired for good reason. She will lose any slices allocated from contributions except supplies, equipment and cash contributions which would be recalculated without the multipliers. The company may buy back the slices if they have the money and a non-compete/non-solicitation agreement would be appropriate. This is the same consequence as being fired for good reason. If employees make choices that adversely impact the company, they have to suffer the consequences.

            Updated: 04 Apr 2016 11:21 AM
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