Companies across the US regularly face the issue of employees exiting the organization within the first year of employment. This is important because replacing an employee is an expensive practice that can be cured. Continue reading to learn the best way to reduce first-year employee turnover. A recent study shows that 52% of employee turnover occurs within the first twelve… Continue reading How to Reduce First-Year Employee Turnover
Tag: exit interviews
Exit Interview Questions and Template for a Successful Interview
Exit Interview Questions and Template for a Successful Interview Including an exit interview process is beneficial for all companies to improve employee retention and day-to-day operations in the future. Find out how to effectively conduct an exit interview to get the feedback you need. Learn why using a third-party exit interview template is the best… Continue reading Exit Interview Questions and Template for a Successful Interview
How to Conduct an Exit Interview
Wouldn’t it be nice if you knew the reasons behind everyone else’s choices? When your company employs a well-thought-out exit interview strategy, this act can bring you one step closer to that reality. Exit interviews can reveal important information about the reasons behind an employee’s decision to leave. Learn more below about how a good… Continue reading How to Conduct an Exit Interview
7 Topics to Address in Exit Interviews
Human resources professionals use Exit Interviews to understand employee turnover, with the purpose of using the information to make changes that increase retention of current employees. Although widely implemented, human resources practitioners often do not use a methodology that delivers critical objectives of Exit Interviews and they come up short on implementing meaningful changes that… Continue reading 7 Topics to Address in Exit Interviews
5 Musts for Conducting Exit Interviews
Under normal marketplace conditions, it’s important for organizations to conduct exit interviews with former employees as a step to reduce turnover, increase retention and protect profits. In an employee-in-control marketplace, where approximately 3 in 4 reasons for turnover could have been prevented by the organization, it becomes critical for organizations to conduct exit interviews in… Continue reading 5 Musts for Conducting Exit Interviews
The Biggest Mistake Companies Make in Exit Interviews
One of the important factors in obtaining actionable exit interview data is the timing of the data collection itself. We hear all of the time about the latest HR software that with a click of a button an employee can see the exit interview survey, can fill out the information, and send it right back… Continue reading The Biggest Mistake Companies Make in Exit Interviews
The Benefits of Conducting External Exit Interviews
Exit interviews are conducted to generate feedback from employees with the goal to lower employee turnover rate, raise employee retention, and to improve aspects of the organization as a whole. After conducting the interviews and reviewing the data, organizations will use the employees’ suggestions to create a better organization for which their employees want to… Continue reading The Benefits of Conducting External Exit Interviews
Understanding the Reasons for Employee Departure
Understanding the Reasons for Employee Departure We recently wrote about the multiple layers of costs associated with employee turnover. From the basic direct costs of separation, replacement, and training costs to the more complex and less exact costs of transition and opportunity costs, calculating the exact cost of an employee’s departure can be overwhelming. Not only… Continue reading Understanding the Reasons for Employee Departure