HR Glossary

What is Return of Company Property?

The process of recovering all company-owned assets, equipment, credentials, and data from departing employees during the offboarding process.

Why it matters in hiring

Return of Company Property comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.

Related terms starting with R

• Retention Bonus
• Retention Package
• Retention Strategy
• Retirement and Re-employment Act (Singapore)
• Right to be Forgotten
• Right to Work Check
• ROE - Record of Employment (Canada)
• Roth 401(k)

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