Key Features of a Separation Management
Resignation Process Automation
- Resignation Submission: Employees can submit their resignation through the Employee Self-Service (ESS) portal.
- Approval Workflows : Configurable workflows for resignation approval with notifications to reporting managers and HR.
- Reason for Separation: Captures reasons for resignation to analyze trends and improve retention strategies.
Notice Period Management
- Configurable Notice Periods: Define notice periods based on role, grade, or employment agreement.
- Buy-Out Options: Allow employees to opt for notice period buy-out with approval mechanisms.
- Real-Time Tracking: Track the remaining notice period and any deviations.
Clearance Management
- Asset Clearance: Automate the return of company assets (laptops, ID cards, etc.) and generate clearance forms.
- Departmental Approvals: Coordinate clearances across departments (IT, Finance, Admin) through automated workflows.
- Pending Dues Tracking: Monitor any pending dues, reimbursements, or advances.
Full and Final Settlement (F&F)
- Automated Calculations: Calculate final payouts, including salaries, benefits, bonuses, and deductions.
- Integration with Payroll: Process F&F settlements seamlessly within the payroll system.
- Compliance Adherence: Ensure adherence to labor laws and organizational policies.
Relieving and Experience Letters
- Template-Based Letters: Generate standardized relieving and experience letters automatically.
- Customizable Content: Modify templates to include specific details as required.
- Digital Delivery: Send letters via email or allow employees to download them from the portal.
Knowledge Transfer Management
- Handover Process: Document and manage the handover of responsibilities to other team members.
- Task Completion Tracker: Ensure completion of assigned tasks before the employee’s last working day.
- Knowledge Repository: Store handover documents for future reference.
Exit Interviews
- Customizable Exit Questionnaires: Collect feedback from employees during exit interviews to identify improvement areas
- Trend Analysis: Analyze feedback trends to address common reasons for employee turnover.
Analytics and Reporting
- Attrition Analysis: Monitor turnover rates and reasons for exits.
- Separation Cost Analysis: Evaluate costs associated with employee separations.
- Custom Reports: Generate reports for HR and leadership to review separation trends.
