8 steps to secure your business during employee offboarding

Imagine this: every year, up to 17 employees leave your 100-person company. Within a half-decade, you could be replacing your entire workforce. That's the reality facing businesses today, with the average employee turnover rate for U.S. businesses reaching 17.3 percent, Canada at 15.5 percent, and Australia at 14 percent in 2023. Despite these turnover rates, 71 percent of organizations lack a structured offboarding process. This lack of planning can have serious security consequences, as 20 percent of businesses have experienced data breaches linked to former employees. This oversight highlights why 76 percent of IT leaders consider offboarding a significant security… [Continue Reading]