COMPENSATION MANAGEMENT

Equifax Releases First-to-Market Offboarding Forms Offering

Equifax | June 14, 2022

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On June 13th, global data analytics and technology provider Equifax announced the launch of Offboarding Forms, a solution that streamlines form management for employees and ensures ease and security for HR teams and their organizations. As an extension of the Workforce Solutions Compliance Center platform, Offboarding Forms will enable HR teams to manage offboarding, including the compliance aspects such as state-mandated separation notices to terminated, in-office, remote, or hybrid employees across the U.S.

"Offboarding is an important part of the broader employee experience, and it can require numerous administrative steps for the employer. Our Offboarding Forms solution gives HR leaders more confidence that the right forms are going to the exiting employee at the right time, regardless of the location. Employers recognize the stakes are high in terms of financial investment and employee experience, as well as meeting legal requirements. Our Offboarding Forms solution supports a streamlined process that can be completed in a matter of minutes. And since we track and add mandated notices across every state, our unique solution helps reduce that burden for employers and can help reduce the risk of fines"

- Kate Devine-Elkins, Director, Product Management, Compliance Solutions, Equifax Workforce Solutions

Hitherto, 35 states insist that employers provide a notice that outlines the rights with regard to unemployment benefits for exiting employees, regardless of whether their exit is voluntary or not.

Offboarding Forms is a customizable solution that enables employers to tailor forms and notices like COBRA or the Health Insurance Premium Payment (HIPP).

Spotlight

2018 will see some game changers in the recruitment space, along with an acceleration and shift of known trends. Globally, sourcing high-quality candidates for key roles will continue to be a key competitive advantage. New technologies are both contributing to, and assisting to resolve hiring challenges. The key is how we maintain the human element in the experiences for everyone involved in the hiring process. Technology is a facilitator – it doesn’t replace us and the connections we make person-to-person.

Spotlight

2018 will see some game changers in the recruitment space, along with an acceleration and shift of known trends. Globally, sourcing high-quality candidates for key roles will continue to be a key competitive advantage. New technologies are both contributing to, and assisting to resolve hiring challenges. The key is how we maintain the human element in the experiences for everyone involved in the hiring process. Technology is a facilitator – it doesn’t replace us and the connections we make person-to-person.

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