Pink slip refers to the American practice, by
a personnel department, of including a discharge notice in an employee's pay
envelope to notify the worker of his or her termination of employment or
layoff.[1] Receiving a "pink slip" has become a metaphor for the
termination of employment in general. According to an article in The New York
Times, the editors of the Random House Dictionary have dated the term to at
least as early as 1910.
Pink slips came back into the news circa
2009, with the layoffs following the
Wall Street crash.[1] The origin of the
phrase is undetermined, and there is no
evidence that termination notices are, or
ever were, conventionally printed on pink-colored paper.[2] In the UK and
Ireland the equivalent of a pink slip is a P45; in Belgium
the equivalent is known as a C4.
The term pink slip may also relate to the
fact that many applications
(including termination papers) are done in
triplicate form,
with the dismissed employee receiving the
pink copy (hence the pink slip).
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