http://blog.hr360.com/hrblog/theter...

Video Highlights:
0:37 Terminating employees may be a necessary reality of the workplace.
0:47 If possible, schedule the meeting at the end of the workday or prior to a weekend.
0:58 Try to avoid termination during a holiday.
1:13 Generally, a termination meeting should involve two management personnel.
1:19 The witness may take notes if helpful.
1:22 The presence of a witness, preferably one of the same gender as the terminated employee, will help to negate any claims of harassment or inappropriate action during the termination meeting.
1:50 If the employer has any reason to expect the possibility of violence, it is wise to take extra security measures.
2:07 The tone of the meeting should be one of dignified professionalism.
2:15 The manager responsible for informing the employee of his or her termination may wish to make notes outlining key points to be discussed with the employee.
2:28 The employee must know that the decision is final and the employee will not be able to debate the decision.
2:30 If the employee becomes emotional or agitated, the managers conducting the meeting must remain calm.
2:46 No employee is happy about being terminated.
2:59 The employer should clearly explain a simple and legitimate reason for termination.
3:05 If the employee complains that the termination is for an unlawful reason, it is important to listen carefully and document the allegations.
3:10 The employer needs to discuss how future references for employment will be handled and plan for return of company property.
3:24 The employee must be given the opportunity to gather his or her personal belongings.