Dear All, please let me know more about joining & exit formalities of employees. your prompt reply will be appreciated. Regards, Sameer
From Qatar, Doha
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nathrao
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Joining Formalities

When an employee joins after selection, the company needs to induct him to work in a comfortable manner so that the employee settles down, understands the company culture, rules, and work requirements. Starting from briefing him about the company, products, departments, his department, key people of the company, timings, leave rules, pay and perks, etc.

Filling up of various forms - nominations, details of bank account for payment purposes, issuance of mobiles or laptops as per company policy.

All steps necessary to make the employee work-ready and comfortable in the new setup.

Similarly, exit formalities include all steps relevant to the exiting employee - handing over of duties, company property held, checking of property/inventory/pending work of the employee.

Preparation of relieving certificates and work experience certificates.

Clearance of dues from employee and dues to the employee.

Updating of the employee database for the deletion of the name.

A smooth exit for those who leave will give a good reputation to the company.

Maintain a record of exit interviews for the analysis of attrition rates and reasons.

Each company has its own rules for these internal formalities.

From India, Pune
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