Hi All,
Exit analysis should also include things like:
1. Analysis of the average duration in which an employee leaves the organization - this is the vulnerable band of time when most people leave. For example, if most people leave within 6-8 months (dependent on industry type), probably not enough hand-holding or internal selling has happened. Similarly, it is seen that fewer people leave within 4 to 5 years of their service in an organization - mostly because they wait to collect their gratuity after the completion of 5 years. (examples only)
2. Analysis of which particular department do most people leave - to revisit the processes/functioning of this department to see why an employee leaves that role. This could attract role re-definition, process realignment, incentives, target realignment, etc.
3. Analysis of which manager do employees leave the most. As the saying goes... people don't leave the organization, they leave their bosses. The manager probably needs to be trained for leadership skills, team management, job definition, etc.
4. Analysis of qualification of the person(s) leaving. Again for our understanding's sake, an undergraduate would be less likely to change jobs for fear of insecurity, income, etc. A qualified, well-experienced person has the chances of being attracted by competitors, etc and is more likely to jump around.
5. Case of a wrong hire. There are seat warmers/job hoppers who take up a job only to gain experience and would jump for even a few hundred bucks. This reflects on the hiring process of the organization and needs improvement.
Most of the time, people give the reason "FOR BETTER PROSPECTS" or "FOR GROWTH" while leaving an organization.
Ask them to define growth while selecting.
Cheers!!!