Aug 29, 2024

Getting Offboarding Right

At some point, your employees will leave the company. When that time comes, it's important to do what you can to ensure a smooth departure. Read through for insight into offboarding employees the right way.

 

Like other HR branches, offboarding is evolving drastically. Offboarding is no longer about creating a list of administrative tasks and checking all the boxes. These days, offboarding can help you:

  • Identify recruiting strengths and weaknesses.
  • Detect onboarding problems.
  • Spot employee turnover issues.
  • Measure the departing employee's perception of the company.
  • Keep your brand and reputation intact.
  • Maintain tight security to avoid theft, workplace violence and confidentiality breaches.

Achieving these objectives means having a holistic offboarding strategy that asks these questions:

  • What is the nature of the separation? Did the employee resign with notice or quit without notice? Were they fired? Or are they retiring or being laid off?
  • Who will be involved in the process? Besides the employee, offboarding typically includes the employee's supervisor and the HR and payroll staff. Depending on the situation, other individuals — such as customers, managers and coworkers — may be involved.
  • What happens if an employee resigns or is retiring? Try to get as much notice as possible to give you ample time to find a qualified replacement. Work with the employee to figure out a timeline that will minimize disruption in their workflow.
  • What happens if an employee quits without notice or is suddenly fired? You should have a succession plan in place for dealing with unpredictable terminations, such as assigning a cross-trained employee to temporarily fill the gap or bringing in short-term help through a staffing agency.
  • How will you find a permanent replacement? You can post vacancies internally to hire from within, ask outgoing employees for a referral if they're leaving on good terms, or recruit externally.
  • Will exit interviews be conducted? Exit interviews can help you understand departing employees' view of the company. This information can be used to identify strengths and weaknesses in your talent attraction, engagement and retention practices. Also, exit interviews should be offered to all departing employees, not just those who are resigning. While it may be difficult to survey fired employees, you should still make the interview available to them.
  • Was the employee an asset to the company? If so, show your appreciation by extending a warm farewell, providing any resources that can elevate the employee's career and communicating to the employee that your door is open should he or she want to return.
  • Are events surrounding the separation properly documented? Thorough documentation is necessary for both voluntary and involuntary terminations.
  • How will you minimize security risks? For example, establish procedures for collecting company property and deactivating computer access in a timely manner. Further, develop strategies for reducing the risk of disgruntled employees resorting to violence upon or after separation.
  • What are the steps for processing termination paperwork? This includes all facets of compensation and benefits relevant to the departing employee.

©2024


 

MORE RECENT NEWS…


Nov 22, 2024

IRS Adjusts HSA Amounts

In a recent revenue procedure, the IRS announced changes to health savings accounts for 2025. Now is a good time to look at your situation and consider your options. Click through for a review of the changes.


Nov 21, 2024

Creating a Payroll Continuity Plan

When a disaster strikes, it's critical to have a payroll continuity plan — a document outlining the steps necessary to manage payroll through disruption. Click through to learn how to create a multitiered plan that prepares your organization for many possibilities.


Nov 20, 2024

IRS Announces Retirement Plan Changes

Cost-of-living adjustments affect dollar limits for pension and other retirement-related items for tax year 2025—and your contribution to such accounts increases. Click through to see the IRS stipulations regarding specific retirement programs.


Nov 19, 2024

Preparing for the 2024 Tax Season

Between changes to current tax law and uncertainty about how a new president will influence future tax law, planning for the 2024 tax season is challenging. Click through for tips on staying on top of current and proposed tax legislation.


Nov 18, 2024

Federal Court Strikes Down Overtime Rule

With a November 2024 decision that overturns major employment changes announced in April 2024, a federal court has ruled against the Department of Labor. Click through for a review of the current overtime status in the wake of this decision.


Oct 24, 2024

COBRA: What's Your Responsibility?

As an employer, you should be familiar with which employees are eligible for continuation of health insurance benefits under federal law and what events trigger that coverage. You should also know what kinds of communications are required and when. Read through to learn more.




More News & Press can be found in our Archive.