Today’s organizations often prioritize onboarding processes to ensure a positive employee experience. However, an often overlooked aspect is the offboarding process, when employees leave the organization. Failing to establish a clear offboarding process can result in significant financial losses and security breaches.
In 2021, 47.7 million people voluntarily left their jobs, according to the Bureau of Labor Statistics – largest number since 2001. By the end of 2022, an additional 50.5 million workers had quit.