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Emerging HR Trend: Taking Exit Interviews Seriously by Senthil kumar Jothi murugan, HR Executive

Emerging HR Trend: Taking Exit Interviews Seriously

By : Senthil kumar Jothi murugan, HR Executive
Industry : Human Resources (HR) Consulting Functional Area : Organizational Development
Keywords :

Hr

Trend

Interview

Emerging

Taking

Exit Interviews

Seriously

Activity:  6 comments  797 views  last activity : 02 22 2011 14:25:42 +0000
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In a bid to understand why employees leave an organization, more and more companies are taking exit interviews seriously and making effective changes on the feedback. Some companies are even taking services of specialized HR companies to conduct exit interviews. Exit interviews reveal a lot about the culture of a company, the management style, the compensation and opportunities for growth. With attrition rate as high as 30 per cent in sectors like BPOs, companies are curious to know why employees make that final decision. Feedback from exit interviews is helping companies come up with systemic remedies. For instance, one company revamped the entire salary structure, pruned hierarchy to enable effective communication, and altered the recruitment process to look at different pools of talent. Interestingly, ex-employees tend to be more open and speak their mind when a third party conducts exit interview.
 Top Comment : Shashikant Rajak   | 06 06 2008 22:35:38 +0000
Even I feel exit interviews are essential and gives at least some info on loopholes which management needs to give a serious thought.
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6 comments on "Emerging HR Trend: Taking Exit Interviews Seriously"
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It is very important that companies take exit interviews seriously rather than just making it  a formal process to be executed just to complete the HR process.Currently it has been observed, top IT companies rarely take any steps to learn from the reasons why employees are quitting their organizations.The focus is still on making more head counts not maintaining the existing counts.It is imperative in sectors like IT and BPO to realize the emotional quotient of employees, and work out a strategy to cut down on resignations.
  Commented by  Harshita Kesarwani, Head/VP/GM-Client Servicing, Allahabad Marble Works    | 01 06 2011 15:44:24 +0000 
Exit interviews is good both for the empolyee & the organisation. Its makes a person leave the copmany the respect and a feeling that she/he is important for the company while leaving. Employee leaving mostly provides information which is of great use to the company & its growth.
  Commented by  shubhra jain, student, HR    | 04 07 2010 04:17:39 +0000 
i think this is one remedy to retain talented employees in the organisation
  Commented by  varsha mishra, Analytical Chemistry Manager, rfrac    | 10 13 2008 18:51:11 +0000 
gud...1
  Commented by  Abhishek Tiwari, Network Admin/System Admin, STPL INC.    | 09 02 2008 03:32:23 +0000 
nice
  Commented by  Shashikant Rajak, Senior Consultant, Hewitt Associates    | 06 06 2008 22:35:38 +0000
Rating : +1  
Even I feel exit interviews are essential and gives at least some info on loopholes which management needs to give a serious thought.
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