Employee Exit
Employee exit refers to the formal process through which an employee leaves an organization, either voluntarily or involuntarily. This can occur due to resignation, retirement, termination, contract expiration, or layoffs. A well-managed exit process ensures a seamless transition for both the departing employee and the company, minimizing disruptions and safeguarding organizational interests. Key steps typically include submitting a resignation or receiving a termination notice, conducting an exit interview to gather feedback, facilitating knowledge transfer, ensuring the return of company assets, revoking system access, and finalizing payroll and benefits. Proper handling of employee exits is essential for maintaining a positive employer brand, ensuring compliance with labor laws, and fostering goodwill with departing employees, who may become future advocates or rehires.
