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Top 5 Benefits Of Exit Interviews

A successful exit interview is one which helps in attaining the purpose of this exercise effectively. We give you top 5 benefits of conducting effective exit interviews.
Statistics- as per a research conducted by a leading background verification company in India, 68% of respondents have been found to be more comfortable speaking to a third party exit interviewer. 30% of exiting employees who resigned from their jobs without providing any specific reasons opened up in front of a neutral party and gave the real dissatisfactions that made them to move on.
Also, 45% of responses have been found to be different given to a third party interviewer from that of the responses given to the in-house exit interviewer.
Ensuring Confidentiality- an effective exit interview can take place only when the interviewer is able to establish a trusted bond with the interviewee that is based on the foundation of confidentiality. With confidentiality taken care of, honest responses can be expected that would help in an accurate analysis.
Objectivity- Signs of an exit interview to be effective is when the questions are such ...
... that helps in achieving the requisite purpose within a stipulated period of time. It is best when the exit interview questions is preparedness objectively and when interview also follows suit. Objectivity helps in keeping the whole exercise in line with what result is expected out of it. This is where a neutral third party comes into the picture as it scores over an in-house professional in this regard.
Trend reports- an important aspect of exit interview process, periodic trend reports can make a great deal of difference to the HR department. These trend reports consist of valuable insights into the behavioral patterns of exiting employees that can help companies in gaining a new perspective into this issue. Consecutively, fresh perspective can lead to looking back into the company policies and manage the desired changes the impact of which can again be looked at through the subsequent trend reports.
Saves time for HR- one of the most important reasons, time saving helps the HR in concentrating on other more crucial aspects. Exit interview process is one that can easily require more than one dedicated HR professional to the cause. When outsourced, the HR is freed from the hassles of keeping track of separation status of various employees, keeping in touch with them on a periodic basis, analyze the responses for trend reports etc. instead, the HR would have the time to focus on other pertinent things associated with on-boarding and employee engagement activities.
~Naman is associated with a leading background screening company that specializes in Exit Interview Survey
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