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Employee offboarding describes the separation process when an employee leaves a company. The offboarding process might involve a phased transfer of knowledge from the departing employee to a new or existing employee; an exit interview; return of any company property; and various processes from the company's human resources, information technology, or legal functions.
A less severe form of involuntary termination is often referred to as a layoff (also redundancy or being made redundant in British English). A layoff is usually not strictly related to personal performance but instead due to economic cycles or the company's need to restructure itself, the firm itself going out of business, or a change in the function of the employer (for example, a certain ...
An off-boarding process allows both the employer and employee to properly close the existing relationship so that company materials are collected, administrative forms are completed, knowledge base and projects are transferred or documented, feedback and insights are gathered through exit interviews, and any loose ends are resolved.
The Exit, Voice and Loyalty model states that members of an organization, whether a business, a nation or any other form of human grouping, have essentially two possible responses when they perceive that the organization is demonstrating a decrease in quality or benefit to the member: they can exit (withdraw from the relationship); or, they can voice (attempt to repair or improve the ...
An Overseas Employment Certificate (OEC), also known as an exit pass or an exit clearance, [2] is an identity document for Filipino migrant workers or Overseas Filipino Workers (OFWs) departing from the Philippines.
Employee stock options (ESO or ESOPs) is a label that refers to compensation contracts between an employer and an employee that carries some characteristics of financial options. Employee stock options are commonly viewed as an internal agreement providing the possibility to participate in the share capital of a company, granted by the company ...
Wikipedia [c] is a free-content online encyclopedia written and maintained by a community of volunteers, known as Wikipedians, through open collaboration and the wiki software MediaWiki.
Last Exit was an American free jazz supergroup, composed of electric guitarist Sonny Sharrock, drummer/occasional vocalist Ronald Shannon Jackson, saxophonist Peter Brötzmann, and bass guitarist Bill Laswell. [1] They were active from 1986 to the early 1990s, releasing primarily live albums recorded in Europe. Sharrock's death in 1994 caused ...
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