?> Sweet Parting Of Ways

CashCome.com Articles Pages

Home
Articles Index
Site Map

Sweet Parting Of Ways

?>

Download eBooks and Software

Fully Verified Winning System Since 1999 & Vip Club Picks!
Winning Sports Picks & Predictions By Zcodesystem.com - Nhl, Nfl, Mlb And Nba Predictions And Picks From The Best Experts In The Industry + Fully Automated System Proven Since 1999 Awesome Conversion 5.26% And Recurring 60% Commission!

The Lotto Black Book
This Radical Approach To An Online Sales Letter Converts In The 3-5%... We've Never Seen Something Like This Since The Early Days Of 2004-2005 And I'm Sure You Haven't Either... We Convert More Than Our Competition And We Pay Out More... Try It!

Paleo Recipe Book - Brand New Paleo Cookbook
Brand New Paleo Diet Cookbook With Over 370 Recipes. Pays 70% Commission On This High-quality, Easy To Sell Product. Get Banners And Promotional Material At Http://paleorecipebook.com/affiliates.html


Articles > Business and Finance

Sweet Parting Of Ways

 by: Colin Ong TS

Why settle for bad feelings when your employee leaves the firm? Human resource managers can help to sweeten the occasion during the exit interview, and get valuable information to help the company in the new knowledge age.

More often than not, human resource (HR) managers place more importance on job interviews than on exit interviews.

In the best scenario, the manager will view the employee's departure as an opportunity to reshuffle the work team; in the worst scenario, the manager may feel this action as a 'slight' to the running of the department.

But exit interviews can be an important channel of feedback that can benefit the organisation in the longer term.

Though it may be difficult to conduct such an interview, the manager must do some groundwork beforehand to get as much out of it as possible. Here are some tips:

Interview immediate supervisor:

The manager must conduct a private interview with the employee's direct supervisor first.

This is to hear from both sides of the fence.

If the worker is adamant on leaving, it is best not to burn bridges with the supervisor who may not intend to leave for sometime to come.

Acknowledge achievements:

Prepare a list of achievements that the employee has achieved since joining your organisation.

It will also be better if you can get this designed as a framed memento with signatures from top management. Every employee that leaves your organisation is a walking billboard.

Arrange for alternative posting:

If the employee has potential but feels that the current job has no career prospects, you should take the initiative to ask what alternative posting he will consider.

You can also use this opportunity to reshuffle the job responsibilities of your staff and implement the overdue promotion exercise.

Always remember that a talented employee will be continually restless in his current job. Job rotation may prove useful in this situation.

Offer educational opportunities:

Some employees feel that they cannot have a 'grip' on their jobs because they are not trained sufficiently. They may have found this out when they attend conferences and share experiences with their peers in other organisations.

You can arrange for this employee to handle projects that are not bound to the office. He can also use this opportunity take up short courses. An overseas attachment can be considered here.

If the situation is changed…

Many HR managers are wary about conducting exit interviews because they feel uncomfortable by the employee's 'emotional' state. Managers must realise that the labour market is never static, taking into account the current influx of online employment agencies.

It is the norm that the employee's decision to leave is also strongly influenced by better offers of competing organisations.

The manager must tactfully encourage this employee to reveal his conditions to stay in your organisation.

You may not be able to keep this employee; but you can put a lid on the problem spreading to other employees.

Will the departure affect organisational knowledge? The departure of an employee will inadvertently create the transfer of organisational knowledge. It is the duty of all HR managers to ensure that their organisation's intellectual property has not been transferred to a competitor. Thus it is crucial to do a knowledge management audit.

Build future alliance

The visionary manager must see the departure of the employee as an opportunity to build future alliances with the other organisation that the employee is joining. Thus it is crucial that there must be an amicable parting.

About The Author

Colin Ong TS is the Managing Director of MR=MC Consulting (http://www.mrmc.com.sg) and Founder of 12n Community (http://www.mrmc.com.sg/12n)


colin@mrmc.com.sg

?>


News on Business and Finance

The Business Finance Store Discusses New Findings on the Business Benefits of R&D
The Business Finance Store discusses a few new findings and examples of how companies get an incredible competitive advantage by developing and testing new products and services.Santa Ana, CA (PRWEB) May 24, 2012 The Harvard Business Review reports that a strong research quotient (RQ) could show that research is crucial to business success and that there’s a solid correlation between RQ and ...

Equipment Leasing and Finance Association's Survey of Economic Activity: Monthly Leasing and ...
ELFA's Monthly Leasing and Finance Index (MLFI-25) for April shows overall new business volume of $6.1 billion, which is up 20% from same period in 2011 and down 10% from previous month. Year-to-date cumulative new business volume is up 17%, while receivables over 30 days, charge-offs, and credit approvals respectively decreased to 2.7%, 0.6%, and 76%. Also, total headcount for equipment finance ...

Republic Business Credit Appoints Steven Smith as SVP, Sales in Birmingham
Well-known commercial finance professional joins Republic Business Credit providing receivables lines and invoice factoring to Birmingham and Southeastern market (PRWeb May 24, 2012) Read the full story at http://www.prweb.com/releases/receivables/factoring/prweb9536885.htm

The Business Finance Store Discusses the Effects of Business Credit on Personal Credit
The Business Finance Store discusses some of the potential repercussions of business credit on a business owner’s personal credit.Santa Ana, CA (PRWEB) May 22, 2012 A recent study by Pepperdine University and Dun & Bradstreet Credibility Corp. showed that most small businesses tend to get funding through traditional channels, the Washington Post reported. Seventy-one percent of small business ...

The Business Finance Store Discusses Small Business Debt Collection
The Business Finance Store discusses some strategies for small business debt collection.Santa Ana, CA (PRWEB) May 23, 2012 Wonga, a high profile UK-based short-term lender, is being criticized by the British Office of Fair Trading for its debt collection practices, the BBC reported. One such debt collection tactic included suggestion that the debtor committed fraud and would be reported to the ...

transparent