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

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.