Termination procedures refer to the steps an organization follows when ending an employee's contract. These procedures typically include notifying the employee, conducting an exit interview, and providing information about final pay and benefits. It is essential for employers to adhere to legal requirements and company policies during this process to ensure fairness and compliance. Additionally, termination procedures may involve returning company property, such as laptops or access cards, and revoking access to company systems. Proper documentation of the process is crucial for both the employer and the employee, as it helps prevent misunderstandings and potential legal issues in the future.