3 Benefits of an Employee Exit Survey
Companies understand on a cognitive level why employee loyalty is important. It takes a while to train new employees, and finding someone that can handle a job well and also stick around for the long ...
Introduction
Companies understand on a cognitive level why employee loyalty is important. It takes a while to train new employees, and finding someone that can handle a job well and also stick around for the long term can be invaluable. It’s not just about keeping the great employees either. Keeping the good employees and even the adequate employees can still be beneficial, and even some of the “bad” employees have their uses. But understanding employee loyalty can be complicated. Money is certainly a motivator, but there are a variety of factors that go into an employee leaving a company, and often finding out what these facts are can be difficult, especially while the individual is still employed by the company. That is why it is important to find new ways to stop employee loss before it happens, and one of the better ways to try to stop employee loss is by conducting an employee exit survey .
Benefits of an Employee Exit Survey
Uncovering Problems “Bad bosses” are one of the most common reasons that employees leave. Companies that have employees that believe they are being mistreated by managers need to know that managers are causing their employees to leave. It’s not important how good the manager’s interpersonal or organizational skills are. If employees believe they are being treated unfairly, then the employees are right, and the manager may need to be re-evaluated. Noticing Trends For every employee that quits the company, as much as three times the person’s salary is being invested into the person that hires them. Learning why employees are leaving may be just as helpful as learning why customers leave, which is why running employee exit surveys may be in your best interest. You can compare exit surveys from these employees’ original satisfaction surveys and see if there were any trends that may have led to their exiting. Valuing Satisfaction Employee satisfaction scores are often biased in favor of employees that have stayed with the company. When you’re trying to figure out your company’s satisfaction score, you need to incorporate all employees, including those that may have left in the past year. That is the only way to get an accurate measurement of how well your employee satisfaction efforts are working. Employee exit surveys are one of the most interesting ways to get valuable data that will help you keep people in your company. It can help you spot problems, save money, and ensures that the other measurements you take are providing you with accurate results.
Key Takeaways
- Introduction
- Benefits of an Employee Exit Survey
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