A structured document, often utilizing spreadsheet software, designed to ensure a smooth and compliant departure process for employees leaving an organization. This document typically includes a comprehensive list of tasks to be completed by both the departing employee and relevant departments, such as Human Resources, IT, and Finance. The format allows for efficient tracking of progress and assignment of responsibilities. For example, it might detail the return of company property, final paycheck distribution, benefits continuation information, and system access revocation.
The implementation of such a tool offers numerous advantages. It mitigates potential legal risks associated with incomplete or inconsistent exit procedures. It safeguards company assets and sensitive data by ensuring proper return of equipment and termination of access. Furthermore, it provides a standardized approach that promotes fairness and consistency in treatment across all employee departures. Historically, reliance on informal processes often led to oversights and inefficiencies, highlighting the need for a structured and readily auditable system.
