Many people say that the exit interview is akin to locking the barn after the horse is stolen.
That may be true, however, but exit interviews do provide excellent insight into why people leave companies. They keep good information from walking out the door when an employee leaves. Although it exists in some form in several companies, unfortunately it s really more of a routine formality than a usable intervention. It s a pity that most companies treat exit interviews as an afterthought. If turnover becomes unusually high in one department, there may be serious problems that need to be addressed.