A structured doc, usually using spreadsheet software program, designed to make sure a clean and compliant departure course of for workers leaving a corporation. This doc usually features a complete record of duties to be accomplished by each the departing worker and related departments, equivalent to Human Sources, IT, and Finance. The format permits for environment friendly monitoring of progress and task of duties. For instance, it’d element the return of firm property, ultimate paycheck distribution, advantages continuation data, and system entry revocation.
The implementation of such a instrument presents quite a few benefits. It mitigates potential authorized dangers related to incomplete or inconsistent exit procedures. It safeguards firm belongings and delicate knowledge by making certain correct return of kit and termination of entry. Moreover, it gives a standardized strategy that promotes equity and consistency in therapy throughout all worker departures. Traditionally, reliance on casual processes usually led to oversights and inefficiencies, highlighting the necessity for a structured and readily auditable system.