Employees are the valuable asset of every organization and to make them satisfied and contented is the main duty of the organization. When employees and other workers voluntarily decide to leave an organization, at that time a good company schedules an exit survey.
Exit interviews are a process that is used to determine the reasons why an employee is leaving an organization. Although companies recognize the benefits of exit interview, still very few companies conduct these interviews in a systematic and structured way. In this interview, the HR department conducts an in-person interview of the employee leaving a company on his/her final day. These interviews help management to understand the reasons why the employee is no longer able to continue with the company, as it helps them to prevent future turnovers.
Normally, HR expert starts an exit interview by asking a question ‘Why are you leaving?’ and then the general questions being asked in these interviews are, what made you start looking for another job in the first place? The answer to these questions gives an insight to the management of the main reasons due to which an employee is leaving the job. This insight also helps organizations to take appropriate actions to improve the working environment and the structure of their company and to make it more employee-friendly.
The main intention of exit interviews is to get a reasonable feedback from the employees regarding the work environment and the organization. In the interview, an employee has to fill an online form and share his bad and good experiences in the organization. If executed promptly,
exit interviews can be a win - win situation for both, the organization and the employee who is leaving the organization. These interviews can be conducted without consuming much time and are inexpensive as well.