Some departures are welcomed, some are questioned, and some simply hurt. The cost for the wrong hire is typically 3-5 times the person’s salary. Regardless of how long someone has been at a company, the company can learn a tremendous amount from employees leaving. Letting an employee leave without immediately acquiring as much information as possible is a lost investment. Companies cannot afford to let their investments walk out the door without understanding the why behind the move. Understanding the why is just the first step. What a company does with the why is the final important step.
ESS can create a customized exit interview program based on your company’s goals. Additional programs can be developed from the results of the exit interviews.
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