What term describes the conclusion of an employee's time with a company?

The term that describes the conclusion of an employee's time with a company is "termination." This term encompasses a broad range of scenarios in which an employee's employment ends, including resignations, dismissals, and layoffs.

When we refer to termination, it can occur voluntarily, such as when an employee decides to resign from their position, or involuntarily, which may happen when an employee is dismissed due to performance issues or company policy violations. Additionally, termination can also refer to situations where the company decides to reduce its workforce, which could be part of a layoff.

On the other hand, resignation specifically indicates a voluntary decision made by the employee to leave the organization, while dismissal refers to being removed from a position, often due to misconduct or failure to meet job expectations. A layoff suggests a temporary or permanent removal of employees due to organizational restructuring or financial reasons, but does not fully capture the broader sense of employment ending. Thus, "termination" is the most inclusive term to describe the conclusion of an employee's time with a company.