



Release and Waiver Retirement Standard – Soft Copy Editable Template
₱485.00
This is a soft copy product template, save in Word File and editable in Word Document containing the important provisions needed for the release of employer from liability and the waiver and quitclaim of the employee of all claims against the company.
This is called a standard version because this contemplates ordinary situation where the employee simply claims the final pay as a result of retirement and executed this along with it. Extraordinary situations include death of employee, the one claiming is not the employee, the employee is retired and hospitalized and the one claiming is a relative or family member, the employee died of gunshot, etc.
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- Description
Description
Important allegations in this form are as follows:
1. Name , address, and nationality of employee
2. Fact of separation where the employee declares any of the following
a. Retirement (allege that it was voluntarily applied for and accepted)
3. Amount of final pay and benefits
4. Acknowledgment of receipt
5. Release and discharge statement
a. Against the company
b. Against the officers
c. Against the managers
d. Against the agents
e. Against the employees
6. Waiver against claim, liability, damage
7. Non-filing of suit
8. Dismissal for those filed
9. Statement of voluntariness and willingness in the execution
10. Signature
11. Notarial Acknowledgment
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Performance metrics representing 30% of the total weight is based on Business Knowledge, Output/Production, Resourcefulness, and Teamwork.
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Marginal Performance (MP) – Performance does not consistently meet normal expectations and position requirements, improvement is required.
Unacceptable Performance (UP) – Performance fails to meet normal expectations and position requirements. Termination should be considered unless improvement is demonstrated in a short period of time.The buyer can Print Sheet 1 of the Performance Review Template Excel File entitled “Proby Metrics” Sheet as form in Performance Review where ratings shall be filled in. This will be used to tally the evaluation results based on performance metrics.
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