SOP Employee Resignation (Examples & Templates) (Word DOCX)

BENEFITS OF DOCUMENT

1. Provides a Policy and Procedure of Employee Resignation
2. Provides a Flowchart of SOP Employee Resignation
3. Provides of SOP Employee Resignation, Exit Interview Form, Job Experience Certificate Form

DESCRIPTION

This product (SOP Employee Resignation [Examples & Templates]) is a 7-page Word document, which you can download immediately upon purchase.

SOP Employee Resignation (Examples & Templates)

Contents :
1. Policy of Employee Resignation
2. Procedures of Employee Resignation
3. Flowchart of SOP Employee Resignation
4. Resignation Letter Form
5. Exit Interview Form
6. Job Experience Certificate Form

The purpose of this procedure is to explain the process of employee resignation; procedures are carried out to ensure the readiness to replace a resigning employee and also to find out the reasons for the resignation..

The procedure of notifying an employee's resignation is not carried out abruptly. Employees must notify HR at least 30 days prior to their resignation date. An "exit interview" is conducted to determine the reasons for resigning; this information will be useful to the HR Department in managing employees' motivation and performance.

The reasons why an employee wants to resign may be commonplace or obvious, like wanting to pursue other opportunities or feeling undervalued. But before an employee takes the plunge, employers are usually already aware.

About 85% of employers in Asia claim they can tell when someone on their staff is about to leave, according to our recent exit process survey. They believe they can foresee when an employee is contemplating leaving if he or she is distracted, disengaged, less efficient and often absent.

Keeping a conscious lookout for the tell-tale signs of an employee leaving is vital for three reasons. First, it helps you address the problem at an early stage and hopefully change the employee's mind. Second, it gives you the chance to prevent the resigning employee's negativity from affecting the other employees, which could drag down morale and reduce overall productivity. And finally, it allows you to have more time to put a recruitment strategy in place.

So why do professionals leave and what can you do to prevent an employee from resigning?

1. Limited growth at the company

Professionals have a strong desire to grow at a company, and a lack of growth opportunities is one of two top reasons why employees leave a job. Recognising hard work and acknowledging employees for a job well done, in addition to setting a clear career path in place can make employees feel like they have a long-term future at the organisation.

2. Feeling underpaid

Salary is another top reason. Employees can easily find out what their peers in other companies are earning, which makes them acutely aware of their market value. Offering competitive salaries and other benefits can thus motivate them to stay. Keep in mind though that not every resignation is financial in nature, and that uncovering other underlying factors may be necessary to retain an employee.

3. No longer challenged

Good employees don't want mindless work; they want to be engaged with their work and feel like they are continuously learning. Creating fresh challenges and setting new goals help employees feel useful and keeps them interested.

4. Feeling undervalued

Employees want recognition for their work. When a company ignores an employee's accomplishments, they may seek value elsewhere, such as with a new job. Implement a system that validates good workers so that your employees feel like an integral part of the company.

5. Corporate culture no longer fits

This may be the most difficult cause to fix. While other reasons centre on the individual, this is often a company-wide issue. However, promoting open communication in the workplace among managers and employees can bolster retention rates. Providing opportunities to network outside of the office also fosters a sense of camaraderie and loyalty.

Thank you.

Regards,

UJ Consulting

Source: Best Practices in Human Resources Word: SOP Employee Resignation (Examples & Templates) Word (DOCX) Document, UJ Consulting