Exit Management

Exit Management is not a permanent Goodbye; it’s about helping employees leave your company on good terms.

Think no more!! Outsource to HRTailor for smooth Exit Management function

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Exit Management means whenever an employee resigns or terminated from his/her services, there are many processes that an organization needs to make in order to effectively end the relationship between the company and the employee. It is a very sensitive issue were the important decisions an organization has to make and we at HRTailor are here to help you with the same.  

During Exit Management process, clearance from various departments, replacement of the departing employee, full and final settlement of employee dues and more – HR has a lot on the plate during this process. Although firms have the most up-to-date HR solutions for onboarding new employee, it has been noticed that they struggle to carry out a seamless employee Exit Management process. 

There are number of activities such as notification to all department heads, Full and final settlement, assigned assets tracking, department wise approval, pending dues status & Exit interview. HRTailor has an expert team who looks after all these processes in the Exit plan. HRTailor have the best resources which helps us in carrying out the process smoothly.

Advantages With HRTailor

Online HR Manager

HRTailor will give you a dedicated online HR Manager just for you & your company.

Organizational Growth

HRTailor will help you increasing in organizational growth.

Time Saving

HRTailor will save your precious time so that you can focus on core activity.

Security Of AWS

HRTailor will give you the security of AWS. No need to worry about data security.

Employee Exit Management Process

To gain constructive feedback from the leavers, companies should follow standardized Exit Management process. HRTailor provides survey forms for Exit interviews, where questions can be uploaded in the questionnaire and feedback is obtained from the departing employees. Conducting a standardized Exit Management process helps us analyze about job expectations, work culture, reward and recognition policy, leadership, career growth, salary and other hygiene factors, improving work culture, and more.

Exit Management

RETAINING EXISTING EMPLOYEES

  • In Exit Management, when an employee is leaving an organization, they can feel free to answer the questions about their basic concerns at the workplace. 
  • The questions are like: Why do you want to quit? Were you able to communicate well with your manager? What can we improve in this organization, etc. 
  • Systemized Exit Management Process answers to these questions help us recognize the actual concerns of the employee. 
  • HRTailor Exit Management service help you to understand if there’s any pattern for employee resignation. 
  • Exit Management help to get employee feedback about job expectations, work culture, reward and recognition policy, leadership, career growth, salary and other hygiene factors, valuable insights can be gained by employers on reducing attrition, prevention of bad hires, retention of top performers, improving work culture, and more. 
  • It helps to get the feedback which helps you to identify areas that can improve staff retention.

COLLECTION OF USEFUL INSIGHTS

  • Sometimes, regular employee surveys cannot give you accurate insights about your organization & mostly because the answers are biased based on the fact that employees still belong to your organization. 
  • With HRTailor’s Exit Management service & Exit interviews an ex-employee can answer every question without lying. 
  • With this important information HRTailor can help you to improve your organization. 
  • Clearance from various departments, replacement of the departing employee, full and final settlement of employee dues and more – HR has a lot on the plate during Employee Exit Management. 
Insights
Work Culture

PROMOTES POSITIVE WORK CULTURE

  • Exit Management help you maintain a positive workplace culture because when you treat the employees who are leaving the organization with respect and gratitude during Exit interviews, it makes the existing employees feel positive about their workplace. 
  • When they know they are being listened they work more positively & they starts to support their organization more. 
  • Exit Management helps in Sustaining or raising organizational performance. 
  • Exit Management is important because it offers a deeper look at your Workplace Culture, Day-to-Day Processes, Management Solutions, and Employee Morale. 

BENEFITS OF HRTAILOR’S EXIT MANAGEMENT

Employee Exit Management isn’t a permanent goodbye. It makes sure to treat the Exiting employee well with gratitude and leave an unforgettable milestone in their professional voyage. HRTailor has the best Exit Management practices and end an employee’s journey with your organization on a good note. 

  • How can an organization make a good experience for the Exiting employees? 
  • How can an effective Exit Management process help in tracking employee Exit reasons and reduce attrition? 

Digitalize Exit Management

Right from the acceptance of employee resignation to approval by the manager and full & final payment by HR, automation helps in the Exit Management process, making it more transparent and efficient. With HRTailor Exit Management Service the entire workflow can be carried out in a few simple steps. HRTailor will take care of all employee Exit formalities digitally, such as collecting identity documents, experience Letters, etc. All the documents can be submitted digitally on the HRTailor employee portal and can be updated on the HRTailor HRMS.

Exit Management Checklist

HRTailor Exit Management, prepare department wise Exit checklists in a systematic way and record Exit checklist responses before generating full-and-final settlement and relieving Letter. Follow these steps while creating an Exit checklist: Discuss the remaining project work and its due date before an employee’s last day, settle expenses and reimbursements for the Exiting employee, return company issued access card, laptops, mobile phone, keys, etc.

Employee Exit Analytics

HRTailor Exit Management Service provides Exit analytics to understand Exit reasons. Exit Analytics provides deep insights to HR, leadership and line managers in predicting and controlling attrition. Exit Data analytics helps in finding out the key Exit reasons & helps to gain insights on why employees quit within a few months of joining, behavior, engagement and productivity levels of the Exiting employees. The service consists of comprehensive resignation workflows, knowledge transfer workflows, exit checklist workflows, online Exit interviews and Exit analytics.

Exit Interview

Exit Management includes an Exit Interview, it is a survey conducted with an employee in case of termination from an organization. The main purpose of an Exit interview is to assess the issues or reasons that made the employee decide to leave the organization. But also, it can be used as an instrument to assess what the employee valued while at the organization, and what aspects of the organization (s)he believes need improvement in order to increase employee motivation, performance and employee loyalty and decrease employee turnover

Employee Exit Management Process

To gain constructive feedback from the leavers, companies should follow standardized Exit Management process. HRTailor provides survey forms for Exit interviews, where questions can be uploaded in the questionnaire and feedback is obtained from the departing employees. Conducting a standardized Exit Management process helps us analyze about job expectations, work culture, reward and recognition policy, leadership, career growth, salary and other hygiene factors, improving work culture, and more.

Exit Management

RETAINING EXISTING EMPLOYEES

  • In Exit Management, when an employee is leaving an organization, they can feel free to answer the questions about their basic concerns at the workplace. 
  • The questions are like: Why do you want to quit? Were you able to communicate well with your manager? What can we improve in this organization, etc. 
  • Systemized Exit Management Process answers to these questions help us recognize the actual concerns of the employee. 
  • HRTailor Exit Management service help you to understand if there’s any pattern for employee resignation. 
  • Exit Management help to get employee feedback about job expectations, work culture, reward and recognition policy, leadership, career growth, salary and other hygiene factors, valuable insights can be gained by employers on reducing attrition, prevention of bad hires, retention of top performers, improving work culture, and more. 
  • It helps to get the feedback which helps you to identify areas that can improve staff retention.
Insights

COLLECTION OF USEFUL INSIGHTS

  • Sometimes, regular employee surveys cannot give you accurate insights about your organization & mostly because the answers are biased based on the fact that employees still belong to your organization. 
  • With HRTailor’s Exit Management service & Exit interviews an ex-employee can answer every question without lying. 
  • With this important information HRTailor can help you to improve your organization. 
  • Clearance from various departments, replacement of the departing employee, full and final settlement of employee dues and more – HR has a lot on the plate during Employee Exit Management. 
Work Culture

PROMOTES POSITIVE WORK CULTURE

  • Exit Management help you maintain a positive workplace culture because when you treat the employees who are leaving the organization with respect and gratitude during Exit interviews, it makes the existing employees feel positive about their workplace. 
  • When they know they are being listened they work more positively & they starts to support their organization more. 
  • Exit Management helps in Sustaining or raising organizational performance. 
  • Exit Management is important because it offers a deeper look at your Workplace Culture, Day-to-Day Processes, Management Solutions, and Employee Morale. 

BENEFITS OF HRTAILOR’S EXIT MANAGEMENT

Employee Exit Management isn’t a permanent goodbye. It makes sure to treat the Exiting employee well with gratitude and leave an unforgettable milestone in their professional voyage. HRTailor has the best Exit Management practices and end an employee’s journey with your organization on a good note. 

  • How can an organization make a good experience for the Exiting employees? 
  • How can an effective Exit Management process help in tracking employee Exit reasons and reduce attrition? 

Digitalize Exit Management

Right from the acceptance of employee resignation to approval by the manager and full & final payment by HR, automation helps in the Exit Management process, making it more transparent and efficient. With HRTailor Exit Management Service the entire workflow can be carried out in a few simple steps. HRTailor will take care of all employee Exit formalities digitally, such as collecting identity documents, experience Letters, etc. All the documents can be submitted digitally on the HRTailor employee portal and can be updated on the HRTailor HRMS.

Exit Management Checklist

HRTailor Exit Management, prepare department wise Exit checklists in a systematic way and record Exit checklist responses before generating full-and-final settlement and relieving Letter. Follow these steps while creating an Exit checklist: Discuss the remaining project work and its due date before an employee’s last day, settle expenses and reimbursements for the Exiting employee, return company issued access card, laptops, mobile phone, keys, etc.

Employee Exit Analytics

HRTailor Exit Management Service provides Exit analytics to understand Exit reasons. Exit Analytics provides deep insights to HR, leadership and line managers in predicting and controlling attrition. Exit Data analytics helps in finding out the key Exit reasons & helps to gain insights on why employees quit within a few months of joining, behavior, engagement and productivity levels of the Exiting employees. The service consists of comprehensive resignation workflows, knowledge transfer workflows, exit checklist workflows, online Exit interviews and Exit analytics.

Exit Interview

Exit Management includes an Exit Interview, it is a survey conducted with an employee in case of termination from an organization. The main purpose of an Exit interview is to assess the issues or reasons that made the employee decide to leave the organization. But also, it can be used as an instrument to assess what the employee valued while at the organization, and what aspects of the organization (s)he believes need improvement in order to increase employee motivation, performance and employee loyalty and decrease employee turnover

Most importantly, we’ll make sure that your Exit is executed flawlessly so that you can move on to the next phase of your life with peace of mind.

Contact us today to learn more about our services and how we can help you Exit your business successfully.

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