'It's not a police interrogation… it's just a conversation,' says expert
Losing workers and then trying to replace them can be very costly for employers.
There is, however, one tool that can bring a lot of positives to the company during this process: exit interviews.
“The exit interview is actually a very good tool,” says Hugh Latiff, president of Hugh Latif & Associates Management Consultants, in talking with HRD Canada.
Employers and human resources professionals can use exit interviews to know, among others, about the departing workers’:
And while stay interviews are an effective way to gauge employee engagement, exit interviews provides more valuable and honest insights, says Latiff.
An exit interview “is the best way to get comments that are uncovered by politics and all of that,” he says, because you get the feedback from someone who’s leaving and has no more interest in playing politics or lying.
“If [they] tell you ‘I'm leaving because you're not paying me enough — and many of them say the same thing — then you know that you have a compensation issue. If they say there is no fair treatment and that there is a favour [factor] in the ranks, or they say there is too much work and they’re stressed and do not have a good work-life balance, and you’ve got two or three people saying the same thing, then you should take action on that.”
Exit interviews can often be overlooked, as employers can be swayed to focus more on incoming talent rather than leaving staff, according to a previous report.
According to Hugh Latif & Associates Management Consultants, exit interviews can help management in seven key areas:
Many employees are not showing up for their exit interviews — and they’re taking their work equipment too, according to a previous report from Capterra.
However, for employers, there are risks in neglecting to conduct exit interviews.
Latiff shares the following tips for employers to do exit interviews right:
Here’s how to make the best of stay and exit interviews, according to another expert.