Employee Exit Management

Definition: Employee Exit Management is the process within organizations dealing with the termination of the employment of employees. It applies to both employees who have resigned voluntarily and those that have been terminated by the company through a layoff or dismissal.
When an employee is terminated, a number of considerations that an organization needs to make and things that have to be handled in a professional manner in order to cleanly end the relationship between the company and the employee.
Note that companies legally have responsibilities to the employee which may extend beyond the period of employment.

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More on termination of employment: Attrition, Dismissal, Downsizing, Employee Furlough, Exit Interview, more...

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