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    Should you conduct an exit interview?

    Conducting an exit interview is usually a smart move. It gives you insights into why an employee is leaving, helps identify patterns in turnover, and can provide valuable feedback to improve the workplace.

    Here are a few key reasons to conduct one:

    • Identify Workplace Issues – Departing employees may feel more comfortable sharing honest feedback about management, culture, or workload.
    • Reduce Future Turnover – If multiple employees leave for the same reason, you can address the root cause.
    • Improve Employee Experience – Feedback from exit interviews can guide improvements in policies, leadership, and work environment.
    • Maintain Goodwill – A respectful exit interview can leave the employee with a positive final impression of the company.
    • Gain Competitive Insights – Employees leaving for competitors might share useful info about industry trends or what attracts talent elsewhere.


    When You Might Skip It

    • If the employee was only there for a short time and has limited insight.
    • If the departure was due to a sensitive or contentious situation, and a discussion might do more harm than good.


    Pros

    • Unfiltered feedback
    • Identify trends
    • Improve retention
    • Enhance company culture
    • Maintain good relations
    • Competitive insights


    Cons

    • Employees may be overly negative (or overly polite) based on emotions.
    • If feedback isn’t used to make changes, the process is pointless.
    • Employees might withhold criticism to avoid burning bridges.
    • Time consuming

     

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    Author

    Leah Mason

    Senior Consultant

    Leah focuses on all levels of Accountancy Practice roles across Yorkshire. Why did you join IPS I was looking for a new opportunity as I was relocating from Kent to West Yorkshire, and I came across IPS Finance when researching my next career move. The fantastic reviews from candidates coupled…