Article Career Development 4 min read
A Case for Conducting Exit Interviews
For associations concerned with retaining talentâand which association isnât?âa successful exit interview can give you the knowledge you need to make talent-saving tweaks to your business operations or management styles. Plus, some tips for making the most out of them.
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Is an exit interview worthwhile? After all, an outgoing employee already creates a lengthy to-do list for various people in an organizationâincluding distributing work to other members of the team, advertising for his or her replacement, and closing out payroll and benefits, among others. But a 2016 Harvard Business Review article (opens in a new tab) and a conversation with Zell Murphy, SVP of finance and administration at the Cable & Telecommunications Association for Marketing (CTAM), convinced me that exit interviews are very worthwhile, even if they add another task to the list.
Why? HBR says it better than I can (opens in a new tab): âIn todayâs knowledge economy, skilled employees are the asset that drives organizational success. Thus companies must learn from themâwhy they stay, why they leave, and how the organization needs to change.â
And exit interviews are a great way to gather some of this information. âIf you start hearing consistent concerns about something that the organization might not be doing or may be doing that is somehow causing folks to want to look elsewhere, and thatâs something thatâs within the organizationâs control to correct, you want to know that,â Murphy said.
After all, knowing the concern is the first step to addressing itâand hopefully keeping more of your employees from jumping ship. To that end, here are a few rules for conducting profitable exit interviews.
Let HR professionals handle the exit interviews. According to a recent HBR survey of 188 executives, about 70 percent of respondents said their HR departments handle exit interviews, while 19 percent said that an outgoing employeeâs direct supervisor conduct them. But Murphy advises against the latter. âThe employee may not open up or may feel intimidated in speaking with the direct supervisor,â Murphy said. âSome of the questions are asking about the supervisor. Itâs important that the employee be as open and honest as possible during the exit interview, because itâs not doing anyone any good if the employee holds back.â
Conduct exit interviews face-to-face. If you want candid responses to your questions, youâll want to perform the exit interview in person, as opposed to over the phone or via email. âItâs not as spontaneous or honest as you might get when someone is sitting across the desk from you and having a casual conversation,â Murphy said.
Inspire real responses with transparency. This comes down to trust, Murphy said, and this has to be established long before the exit interview occurs. Still, even in the exit interview, itâs important to stress the value of an employeeâs thoughts and experiences and how they will contribute to the future wellbeing of the organization. Itâs also important to be transparent with them. âWhen I begin the exit interview, I actually say to them, âI plan to share these comments with your supervisor,ââ he said.
Make sure the timing is right. At CTAM, Murphy gives an outgoing employee the exit interview questions in advance of the actual interview, so that he or she can start formulating responses. Next, heâll sit down with an employee a couple of days before his or her last day, and theyâll chat through the questions. He will then type up the responses and send them back to the employee for review. Then, after the employee has left the organization, Murphy will forward the exit interview responses to both the direct supervisor and the CEO.
Analyze and act if necessary. If the end goal is retaining and engaging talented employees, then organizations better be willing to analyze their exit interviewsâand make organizational or personnel tweaks if necessary. At CTAM, the majority of employees who have resigned have done so for reasons outside of CTAMâs control and not due to any negative experience they have had. But if there is a recurring issue in multiple exit interviews, itâs important that the senior staff talk about that and address it. âBecause if the problem is serious enough and no changes are made, the other staffâtheyâre going to see that, and theyâre going to know that the company didnât address it,â Murphy said. And that lack of action will likely create more employee turnover and less employee engagement.
What tips have you found helpful in the exit-interview process? Please share in the comments.
(iStock/Thinkstock)
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