If employee retention is an issue in your workplace then chances are you are spending time and money conducting exit interviews. Okay…I suppose exit interviews are important, IF they are done right. The challenge is that often employees don’t open up about the real reasons they are leaving your company, for fear of retribution or for a number of other reasons. The bigger issue, of course, is that exit interviews are akin to closing the barn door after the horse has left the barn. What any successful company needs to do is to build the kind of inspiring culture that turns long term employees into truly loyal employees (there’s a world of difference between the two) and nurture the kind of workplace culture that doesn’t just keep your top talent, but that keeps top performers happy and inspired.
Many organizations conduct exit interviews to find out why an employee is moving on.