What is Employee Exit?

Created by Product Content Team, Modified on Tue, 1 Jul at 3:22 PM by Product Content Team


Employee Exit is the process of separation of an employee from the service of an organization. This can be on account of voluntary resignation, termination, end of a contract, retirement, death or absconding. As part of the exit, the company performs a no-due clearance and processes the final settlement.


When an employee resigns from an organization, HR has to complete the separation process. This consists of:

  • Acceptance of resignation by reporting manager
  • Negotiation on notice period
  • Exit interview
  • No objection certificate (NOC) from all concerned departments such as accounts for loans, IT for assets, and admin for ID cards and visiting cards
  • Full & Final Settlement

An employee will be relieved from service only on fulfillment of complete separation process.



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