Question

What are entry and exit formalities in an organisation?

Answer 1

Answer:

An exit interview is a wrap-up meeting between management representatives and someone who is leaving an organization, either voluntarily or through termination. Alternatively, depending on the size of the company and other factors, interviews may be conducted by management or outsourced to an HR service provider.

Explanation:

Organizational Exit or decruitment refers to the process of handling the circumstances under which an employee leaves the organization. This can be of two types namely voluntary and involuntary Organizational Exit.