Here are 9 reasons highlighting the importance of exit interviews to help your organization get the data and insights needed to create a more positive work environment and to protect your organization from risk:
You will learn the reason for an employee’s departure (it may be different than you think!)
The exit interview allows the employee to provide constructive feedback and leave on a positive note
That last touchpoint provides you with an opportunity to review continuing obligations with the employee (e.g. non-competes, intellectual property agreements, etc.)
It provides the opportunity to ask if there are any open issues of which you need to be aware. This can help reduce risk and identify matters that may require immediate attention.
Insight into recruiting, onboarding, and training needs may be revealed
The feedback will help you to identify areas that can help improve staff retention
Improvement opportunities in management development and succession planning can be detected
It’s cost-effective to facilitate quality exit interviews
No matter the size of your company, exit interviews provide an opportunity for an employee to discuss the workplace environment, concerns about misconduct, or issues within management.