Which of the following terms refers to a written agreement that describes the conduct of an employee that led to the potential termination, specific policy violations, and specific work requirements that if not met will lead to termination in the future, as well as the employee's forfeit of arbitration or litigation rights?
A) nondisclosure agreement
B) service level agreement
C) last chance agreement
D) collective bargaining agreement

Question

Quizplus · Accepted Answer

A last chance agreement is a written agreement that sets out the specific terms and conditions that an employee must meet in order to retain their job. It typically includes information about why the employee is being given a "last chance," as well as specific requirements that the employee must meet (e.g. attending counseling sessions, meeting specific performance goals). If the employee fails to meet these requirements, they may be terminated without recourse to arbitration or litigation.

Which of the Following Terms Refers to a Written Agreement