Which term refers to voluntary termination from a job due to dissatisfaction or another job opportunity?

Resignation is the term that refers to the voluntary termination from a job, often due to dissatisfaction, pursuing another job opportunity, or personal reasons. When an employee resigns, they are typically making a choice to leave their position rather than being forced out, which is a key distinction from terms like redundancy or termination.

Retirement usually involves an individual deciding to leave the workforce after reaching a certain age or milestone, not necessarily related to job dissatisfaction. Redundancy refers to a situation where jobs become unnecessary, leading to involuntary loss for employees, while termination can generally signify any involuntary ending of employment, including dismissals for performance issues or misconduct. Thus, resignation specifically captures the essence of a voluntary exit driven by the employee’s decision.