ENTREPRENEURSHIP

Detailed explanation-1: -‍Exit interviews can give you the feedback you need to improve your organization and reduce turnover. But for them to provide insights you can use to enact positive change, exit interviews have to be more than just a rote process that departing employees dread.

Detailed explanation-2: -Exit interviews are important – they tell leaders why valuable employees left the company and provide details on how to keep current employees. Exit interviews are valuable. You must know the importance of exit interviews or you will realize the cost of turnover.

Detailed explanation-3: -An exit interview is a conversation that you have with an employee just before they leave your organization. It gives you an opportunity to ask the right questions in order to find out what an employee’s experience was like throughout their employment with you.

Detailed explanation-4: -The purpose of an exit interview is to assess the overall employee experience within your organization and identify opportunities to improve retention and engagement. Having a clear set of standards in place when conducting exit interviews can also play an essential role in risk management.