Select The Right Expert For Conducting Exit Interview

By Author: Naman Vohra
Total Articles: 133
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When it comes to hiring or acquiring talent, does your company overshoot their allocated budget in a year? Does the hiring expenditure shoot high because of finding replacements of the ones who has been hired just a little while ago?
Attrition is quite a problem for companies. Hiring a new employee and then on-boarding home properly, training and preparing him as per the company’s requirement takes a lot of time. And, just when the company starts expecting productivity, the news of the employee leaving is quite a setback. This is because the company would have to go through vicious cycle all over again, resulting in higher costs and greater wastage of time for the company.
Exit interviews have always been regarded as an effective way to attain valuable information locked up in the employee’s mind up till now. Such information can range from anything like their take on the organizational policies workplace environment, departmental systems and conduct of various other employees in the organization.
However, exit interview are useful but an added responsibility for the HR community. In the wake of such a ...
... situation, many companies opt to outsource the whole exit interview process to a third party vendor. But before one gets into a deal with a vendor, it should keep following things in mind.
An entity of repute- market reputation means a lot for any organization. It is important that the company to whom the task of conducting exit interviews is being outsourced to is an entity of repute. Since market reputation is built over years of hard work and goodwill, it will ensure that the firm will render good services in order to keep its reputation intact.
Expertise in exit interview- it is evident that an entity having a good experience is conducting exit interviews will score over the entities not possessing that much experience. Experience holding companies possess knowledge about each and every aspect of the process and are also aware of the points that matter the most during the analysis of exit interview results.
Comprehensive analysis- given the amount of knowledge these third party entities are expected to have, comprehensive and useful information is the least a client to ask for.
Quality of service- in its endeavor to provide premier services, an ideal third party exit interview vendor would ensure timely conduct of interview, extracting complete data, analysis all the information efficiently, giving a comprehensive analysis report, with everything in a timely fashion.

~Naman is associated with a leading background screening company that specializes in Exit Interview Survey