It is just as important to say goodbye to former workers as it is to welcome them back into the ever-changing business scene. Making sure the transfer is seamless and fulfilling not only benefits your business but also transforms departing staff into brand advocates. In this article, we’ll explore the topic of exit management and how FlexiEle, a top supplier of cloud-based software, makes it easier.
The Importance of Exit Management
Creating Immediate Memories
Encouraging departing workers to represent your business in a favourable manner depends on creating a great departure experience.
Sponsorship of Brands
Examine how happy departing workers might impact your company’s reputation by acting as valuable brand ambassadors.
ESS and MSS are used for the exit initiation
Exits Initiated by Employees
Learn how to start the departure process as an employee, manager, or HR representative, adjusting to corporate regulations and specific circumstances.
Supervision and Management
Learn how the FlexiEle system allows managers and HR staff to easily accept, deny, or negotiate off-boarding requests.
Management of Notice Period
Discover how FlexiEle streamlines the process of establishing the Last Working Day (LWD) by facilitating agreements and waivers of notice periods.
No dues clearance and the exit process
Initiation of NDC
Examine the steps involved in starting the No Dues Clearance (NDC) procedure, which has set deadlines and involves several departments.
Monitoring
Learn how to effectively establish alerts and notifications at various departure points to keep all parties informed and on schedule.
The Management of Assets
Learn how FlexiEle connects payroll, leave, and asset management systems, keeps track of pending assets, and computes charges for a holistic approach.
Calculations of Finance
Discover how FlexiEle’s powerful exit management software computes taxes for the current fiscal year, guaranteeing timely payments and recovery.
The Experience of Leaving
Customised Surveys
Examine how FlexiEle improves the off-boarding survey process by enabling the production of personalised exit questions depending on employee designation, department, etc.
Accessibility of Documents
Recognise the methods by which departing workers may obtain important paperwork such as tax sheets, experience letters, and information on their final pay.
Reports to Stakeholders
Learn how FlexiEle gives administrators and stakeholders simple access to reports for exit closure and Full and Final (FNF) computations.
Analysis of Feedback
Discover how to evaluate insightful employee input that was given throughout the resignation process to support ongoing development.
Notes of Appreciation
Examine how FlexiEle makes it easier to say goodbye to leaving staff members and send them notes of thanks, guaranteeing a happy departure experience.
The exit management space sees FlexiEle as a game-changer. Its extensive features improve the entire exit experience for both the company and the employees, in addition to streamlining procedures.
