Employee Exit Process
Simply put, an employee exit process consists of the policies and procedures (exit formalities) that are followed when an organization is offboarding an employee. The steps are essentially the same whether the employee leaves voluntarily or involuntarily.
Following Exit Formalities Also Helps your Organization To:
Prevent legal and security problems
Transfer exiting employees’ essential knowledge
Make improvements based on feedback from employee exit interviews
Maintain continuing relationships with departing employees that may encourage them to return in the future (“boomerang” employees)
Keeping the door open for boomerang employees is a trend that both employers and workers increasingly follow and look forward to.
When Can You Implement Exit Formalities?
Every HR professional and manager involved in the employee leave process should be educated on what to do, how to do it, and when to do it. As the organization and its exit formalities evolve over time, this involves keeping them up to date with refresher training. Making a written plan for this and following it would be your weapon.
As the main question raise, IS IT MANDATORY TO INVEST IN AN EXIT PROCESS? Of course, it is. It is really important to realize the fact that every organization must have a proper exit. This is the best tool to boomerang the employees, bring positivity in off-boarding the valued employees and attract more employees in the future.
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