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Offboarding non-medical benefits for transitioning employees — whether that be through retirement or a job change — can be an enormous task for HR administrators and they can use some help to alleviate that burden.
Employers spend about 14 hours per month offboarding non-medical benefits, according to a recent survey from Prudential, costing employers $20,000-$50,000 per year. Additionally, nearly eight in 10 employers say a good offboarding experience is important to their brand reputation.
Amanda Schiavo is an associate editor of Employee Benefit News. Follow her on Twitter at @SchiavoAmanda.
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