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Making Exit

Interviews Count
▫ BY EVERETT SPAIN AND BORIS
GROYSBERG
▫ April 2016

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In the knowledge economy, skilled
employees are the assets that drive
organizational success.
Thus companies must learn from
them—why they stay, why they
leave, and how the organization
needs to change.
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Introduction
▫ What is exit interview? ▫ What all be asked in an exit
▪ Exit Interviews will be interview?
conducted with employees ▪ How were you recruited? Was
leaving the firm and are usually the job presented correctly and
conducted by a human resource honestly?
professional just prior to the ▪ What was your supervisor’s
employee leaving, to elicit management style like? How
information aimed at giving do the employees on the team
employers insights into their get along?
companies.

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Issues
▫ Too often exit interview (EI) programs fail to either improve retention or
produce useful information.
▫ First Reason
▪ The first is data quality. The usefulness of an EI depends utterly on the
honesty and forthrightness of the departing employee.
▪ People may be less than candid on their way out the door for many
reasons.
▪ Some feel pressed for time or unmotivated to explore their feelings.
▫ Second Reason
▪ The second reason is a lack of consensus on best practices. The goals,
strategies, and execution of EI programs vary widely, and the findings
and recommendations from empirical studies are often vague or
conflicting. 4
Explanation
As per the author’s view, the The Author surveyed 188 Three-quarters of the companies in
deepest problem is that many executives and interviewed 32 our study conducted some type of
organizations use EI programs as senior leaders representing 210 an EI for at least some departing
an excuse not to have meaningful organizations in 33 industries, employees.
retention conversations with headquartered in more than 35
current employees. countries.

Of those, 70.9% had their HR About 8.2% of organizations used Only 4.4% used questionnaires; 1.9%
departments handle the process; more than one interviewer. used a questionnaire accompanied by
19% had the departing employees’ a face-to-face or a telephone
direct supervisors do it; 8.9% interview, and 2.5% used
delegated the job to the direct questionnaires as the sole form of
supervisor’s manager; and 1% EI.s.
turned to external consultants

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Reasons
Ask employers why people quit a company
and 9 out of 10 will tell you it’s about the
money.
Ask employees the same question and you’ll
get a whole different story.
PricewaterhouseCoopers (PwC) discovered
this when they asked 19,000+ people their
reasons for leaving as a part of exit interviews
they conducted for clients.

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Top 10 reasons
why employees
quit

1. 2. 3.
first second last

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Overall Goals of
an Exit Interview
1. Uncover issues relating 2. Understand employees’ 3. Gain insight into
to HR as plenty of other perceptions of the work managers’ leadership
HR practices can play into itself, including job styles and effectiveness
an employee’s decision to design, working
leave. conditions, culture, and
peers.
6. Create lifelong advocates
4. Learn about HR 5. Foster innovation by for the organization
benchmarks (salary, benefits) soliciting ideas for by treating departing
at competing organizations improving the organization employees with respect and
gratitude. 8
Techniques and Tactics
The Interviewer The Interviewee Timing Frequency
• We found that interviews • We recommend making EIs • Some experts argue that the • Companies can get rich
conducted by second- or third- mandatory for at least some most productive moment to feedback by scheduling several
line managers are most likely to employees, because research conduct the initial EI is halfway interactions—an interview, a
lead to action. has shown that doing so between the announcement of survey, a phone call—before
increases the odds that some an intention to leave and the and after an employee departs.
specific action will be taken actual departure

Method Structure Manner Information gained


• Most experts believe that a • An unstructured interview can • Interviewers should be trained • First, any distribution plan
face-to-face interview is the yield unexpected and helpful to listen more than they talk should respect the sensitivity
best way to create rapport, responses, but it makes and to avoid displays of of the data.
though some consider consolidating the information authority. • Second, the distribution of data
telephone interviews just as more difficult, especially when should be timed according to
effective. turnover is heavy. the executive decision cycle.

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Moving ahead
▫ Are we helping you be effective in your
current job? Are we helping you build a
successful career?
▫ Are we helping you have a fulfilling life?
▫ Retention conversations can surface
professional and personal issues before they
lead to turnover.
▫ An effective EI process creates a needed
mechanism for companies to systematically
learn about and from what is their most
important resource: their human capital.

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Thanks!

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