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Exit Interview Benchmark Study Results
 
Our Benchmark Study revealed that best practice companies survey over 75% of exiting employees

% Of Voluntary terminations who received exit interview
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Benefits
• Exit interviews reveal workplace realities that cannot be understood through other methods
 
• Exiting employees are more likely to tell the truth about what’s really going on because there is no fear of retribution
 
•Exit interview data is a measure of employee engagement
 
Exiting employees are more open in their feedback to parties outside the organization

Who is conducting your exit interviews?
imagesss
line Top Performing Companies
have an objective third party conduct the exit interviews
 
Benefits of a third party
 
• A third party will obtain additional information that a company employee will not be able to gather
 
• A third party can ensure anonymity for the employee
 
•The employee will be more open and honest in their feedback because they see the 3rd party as neutral and nonjudgmental
 
Best Practice companies use multiple methods to collect exit interview data

How are exit interviews conducted?
im
line Top Performing Companies
use a combination of an on-line survey and “live” interviews
 
Benefits
 
• Allows the organization to gather both quantitative and qualitative understanding of HR’s effectiveness
 
•The on-line survey gives the interviewer background on the exiting employees
 
•The interviewer can follow-up on specific issues during the “live” interview
 
What is the real reason your employees are leaving your company?

Stated Reason for terminations
im
line Top Performing Companies
find that “employees join companies, but leave managers”
 
Benefits - Knowing the real reason for leaving enables:
 
1. Action to be taken to prevent others for leaving for the same reason
 
2.Changes to be made in a timely manner
 
3.HR to be seen as responsive to employee needs
 
Best Practice companies take timely action on employee feedback

Use of exit interview data
asasas
line Top Performing Companies
with an effective exit mgt process will be able to uncover opportunities to use data in a variety of areas
 
Benefits
 
• Prioritizes the changes to be taken
 
• Enables HR to focus their efforts
 
• Enables process measurement
 
 
 
 
@Copyright, The Benchmark Partners, LLC 2004-2007 For more information: call 516-944-5017