HR Glossary

What is Separation Agreement?

A legally binding contract between an employer and a departing employee that outlines the terms of separation, typically including severance pay in exchange for a release of legal claims.

Why it matters in hiring

Separation Agreement comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.

Related terms starting with S

• Salary Sacrifice (UK / Australia)
• Saudi Labour Law (Saudi Arabia)
• Self-Assessment
• Self-Paced Learning
• Service Certificate (Singapore)
• Severance Pay
• Shadow Payroll
• Sham Contracting (Australia)

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