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Onboarding begins once a job candidate agrees to accept a job. It involves all the steps needed to get a new employee successfully deployed and productive. Offboarding is the reverse of onboarding, and it involves separating an employee from a firm. This can include a process for sharing knowledge with other employees.
Exit Management or employee offboarding is a process to manage the full and final settlement of employees when they exit from an organization. When an employee resigns, retires or is being terminated from work, the required paperwork and formalities associated with employee exit need to go through a systematic process.
Communicate the departure. Transfer the employee's knowledge. Recover company assets. Update your org charts and company directory. Revoke systems access. Complete final pay process. Perform an exit survey or interview. Provide letters of reference.
Offboarding is the process that leads to the formal separation between an employee and a company through resignation, termination, or retirement. It encompasses all the decisions and processes that take place when an employee leaves. This may include: Transferring that employee's job responsibilities.
Understand the nature of the exit. Offboarding comes with its fair share of complications. Offer a memorable offboarding. Retrieve insights. Ensure compliance. Protect your assets. Prevent productivity drops. Keep the door open.
Acknowledge the resignation. Negotiating with the employee. Notice Period and other formalities. Pending Projects. The handing over process. Notice period formalities. The Exit Interview.
Ensure safety, security and compliance with an automated employee offboarding process. Employee Offboarding Process: A systematic way for organizations to manage the departure of an employee that ensures consistency and reduces risk to the organization. ( Also see: Onboarding Process)