 Separation from Employment

SEPARATION FROM EMPLOYMENT

While The Wallace Foundation hopes that employment relationships are long-term and rewarding, employment at Wallace is at will. This means that you have the right to resign at any time with or without cause or notice. Similarly, the foundation may terminate the employment relationship at any time, with or without cause or notice.

If an employee is resigning from employment, the foundation requests the employee provide a minimum notice of one-month in writing.

The foundation addresses performance issues and improper conduct on a case-by-case basis. Disciplinary action, up to and including termination can be taken, for reasons which include, but are not limited to:

 Violation of the foundation’s policies including but not limited to Equal

Employment Opportunity and Harassment-Free Workplace, Code of Ethics and

Confidential Information;  Poor performance;  Excessive absence, lateness, or leaving early;  Falsification of Foundation records;  Theft or destruction of Foundation property; and  Insubordination.

Human resources will provide information and meet with the employee to review benefit plan coverage upon separation, and discuss applicable Foundation policies such as protection of confidential information, and return of all Foundation property.

References All external inquiries related to staff, including but not limited to reference checks and requests for employee information, should be immediately referred to the chief human resources officer. In response to reference calls, the foundation will generally provide only the dates of employment and position title. Any written request for information requires a signed authorization by the employee before the foundation will release that information.

Any posting by an employee to social media sites, e.g., LinkedIn, commenting on the work of another employee or former employee is considered a reference and not permitted under this policy. If you choose to comment on a personal basis, please include the disclaimer as noted in our guidelines for social media in the Speaking Engagements, Social Media, and Contact by External Media policy.

This policy statement is not a contract of employment. The Wallace Foundation reserves the right to change or revoke this policy statement at any time without notice. ______________________________________________________________________________________ Separation from Employment January 2021 ______________________________________________________________________________________