Understanding Recruiting Failure With Exit Interviews

Since it can be expensive to recruit, hire, and train new employees, companies need to know why employees leave. One way to uncover the reasons is to conduct an exit interview. More than three-quarters of survey respondents (78.3 percent) said they do so for all employee levels, and another 11.9 percent conduct exit interviews for certain levels (see Figure 33). In addition, 2.1 percent held exit interviews only if the employee chose to participate–and if the manager or supervisor remembered to do so.

Three-quarters of companies with up to 50 employees conduct employee interviews, and another 10 percent do so for certain levels. Fifteen percent held no exit interviews, which is the highest percentage of any size group in the survey.

On the other hand, the largest companies, with more than 2,500 employees, were the most likely to have exit interviews: 71.4 percent conducted them for all employees, and 23.8 percent for certain levels.

Source: Recruiting, Turnover & Retention in the New Economy; Kennedy Information

Posted by RecruitingTrends.com on February 18, 2010. Filed under Data Watch. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry