TeamNest Use Case - Employee Exit Management

Business Challenge

Offboarding/Employee Exit involves several formalities that HR teams must ensure are completed before the final exit. The requisite paperwork, exit interview, department clearances, handovers, and full and final settlement of dues. There is a lot to go through and every item must be checked off on the last day.

TeamNest Solution

Our Exit Management module automates this entire process for HR teams with a central dashboard, configurable workflow, and in-built checks to ensure secure and reliable employee offboarding.

HR teams can use the following features in TeamNest for employee exits –

• Use the Exit Grid to efficiently manage the resignation process and automate the paperwork required
• The Exit Grid provides the exit status for employees who have currently Resigned, are on Notice, or have been Terminated
• Customize the Exit process with a defined set of processes that the employee needs to close before receiving a sign-off from HR
• Choose from options to set the Notice Period to be served and Handover tasks to be completed
• Generate and upload digital Relieving and Experience letters
• A central dashboard for HR to control and view the progress of active Exits and processing of Full and Final Settlement
• No physical paperwork is involved

Potential Business Impact

• Reduces manual hassles
• Saves time/effort/money
• Ensures proper handover
• Adheres to legal compliance
• Improves visibility