Employee Offboarding
The structured process of managing an employee's departure from an organization, including knowledge transfer, exit interviews, return of company assets, and access revocation.
Examples
- Conducting exit interviews and surveys
- Revoking system access and collecting equipment
- Processing final pay and benefits continuation
- Facilitating knowledge transfer to remaining team members
Related Terms
The process of integrating new employees into an organization, helping them understand their role, company culture, policies, and providing necessary training to become productive team members.
An organization's ability to keep its employees over time, measured as a retention rate. High retention reduces recruiting costs, preserves institutional knowledge, and maintains team cohesion.
A legal doctrine that allows employers to terminate employees for any reason (that is not illegal) at any time, and similarly allows employees to quit their job at any time without cause.
Start your free trial today
Join 1,000+ companies using Hirebee HRMS. No credit card required.
