Meaning, Definition & FAQs
Employee Clearance
Employee clearance is the formal process conducted when an employee is leaving an organization, whether due to resignation, termination, or retirement. It involves completing all necessary formalities like returning company property (ID cards, laptops, documents), settling pending dues, and obtaining approvals from various departments such as HR, finance, and IT. Employee clearance ensures a smooth exit, protects company assets, and confirms that all responsibilities have been fulfilled before the employee’s final departure.
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