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  5. What are the Best Practices for Offboarding Trends in Global Companies?

What are the Best Practices for Offboarding Trends in Global Companies?

File(s)
What_are_the_best_practices_for_offboarding_trends_in_global_companies.pdf (220 KB)
Permanent Link(s)
https://hdl.handle.net/1813/102851
Collections
ILR Student Works
Executive Summaries on Current HR Topics (ILRHR 6640)
Author
Nayak, Prisoomit
Park, Phil
Abstract

Offboarding, a process that leads to the formal separation of an employee from an employer through resignation, termination, or retirement, has increased in importance in recent times as it impacts multiple business outcomes. Offboarding reduces turn-over, enhances the recruiting pipeline, and identifies work culture challenges. For instance, employers can prevent nearly 77% of turnover by having accurate insights through multiple avenues such as exit interviews and post-exit interviews.

Date Issued
2020-12
Keywords
Human resources
•
global
•
offboarding
•
trends
•
notification
•
employee separation
•
compensation
•
termination agreement
•
severance package
•
departure
•
outplacement service
•
data breach
•
exit interview
Type
article
Accessibility Feature
taggedPDF
Accessibility Hazard
none

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