- Reduced Turnover
- Boomerang Employees
- Employer Brand
- Enhance Talent Management process
Reduced Turnover: The exit data provided by the departing employees are the richest sources of data on turnover and helps talent management unravel the mysteries behind turnover, probe them and correct them .
Boomerang Employees: Most employees cannot resist the grass is greener on the other side syndrome, but if you have a great off-boarding process they would like to return to you when they start to miss you.
Referrals: If an employee has had pleasant memories during the off-boarding process, they could continue to refer people and businesses thus more candidate referrals and more revenue.
Employer Brand: The ones that leave will always have great memories to share about the organization to their new friends in an all-new organization precisely the reason why you want them to leave with an everlasting last impression rather than a bad one.
Enhance Talent Management Process: If feedback received from the exit interviews are put to good use lot of bugs in the talent management process can be fixed and will result in smoother HCM functioning.
Off-boarding can have a dramatic impact on organizational growth and performance. Organizations must not only consider compliance issues but also on engagement to strengthen the Off-boarding process. Case in point, Neeyamo’s in-house HR Champions have put a combination of uniquely modeled stay interview and pre-exit counselling which has resulted in 40% withdrawal of resignation.
If you believe we could help you out in building a superior off-boarding process, please write back to email@example.com