A Great Opportunity for Employers
Once an employee gives you notice that they are leaving your company, this should not be the end of your communication with them. There are many benefits of spending time with a departing employee and having an exit interview with them.
Departing employees are generally much more forthcoming than those still in their jobs. They feel that they have nothing to lose and can speak their mind.
Departing employees often offer constructive feedback about your company. You should not hesitate to learn what is really happening in and around your business.
Often you will learn the real reason why an employee is leaving. What an employee tells their supervisor about why they are exiting is frequently not the real story. An exit interview can be a perfect setting to hear all of the details.
An employee who is exiting feels listened to and will leave your company on a favorable note. Creating goodwill with the employee may lead to them leaving a positive online review about your company, or encouraging others to work there.
You may learn about the culture of your company, any misconduct occurring, and any management issues. This will afford you the chance to take swift and immediate action to remedy any problems.
You can also gain insights about your processes – recruiting; onboarding; and training. Again, there may be opportunities here to learn about and improve your internal systems.
Consistently doing exit interviews and then taking any needed action will help to improve your overall employee retention. You will have established a better performing company that is more employee- friendly.
Exit interviews allow you to discuss with the leaving employee any ongoing responsibilities they have such as a non-compete clause. You can tie up any loose ends and make sure that your expectations and contractual obligations are clear.
Finally, you can compile data and use the metrics to learn about trends and ongoing issues. Additionally, you may spot repetitive issues with a certain supervisor or in a specific area of the company that might require extra attention and training.
Exit interviews typically last less than a half hour, and are time well spent. While they can be conducted in-house, a more prudent approach is to have a neutral third-party do the exit interviews. Employees are often more willing to talk to an outsider with whom they have no prior relationship.
Wolfson and Klein-Wolfson, PLLC, a Syosset New York law firm, can assist with your exit interview needs. We have many years of experience conducting exit interviews, and as attorneys we have the discretion and knowledge to know what can legally be asked during an exit interview.
I’m Single, Should I Have A Will?
I'm Single, Should I Have a Will? Most people believe that only families need a will, but this is far from true. It is equally important for single people to have a will. When a person dies without leaving a will, it is said that they died intestate....
An Overview of Trusts for Pets
Trusts For Pets An Overview of Trusts for Pets An honorary trust or pet trust, ensures that pets are provided care and maintenance after the owner's death. This trust assures pet owners that their pets will have the utmost care for the duration of the pet’s...
An Overview of Irrevocable Life Insurance Trusts
An Overview of Irrevocable Life Insurance Trusts “By Zach Di Blanda (Touro Law School) Extern for Wolfson and Klein-Wolfson, PLLC – Fall 2021” An Irrevocable Life Insurance Trust (ILIT) is a trust that is created to own and control a term or permanent life insurance...
Covid Vaccine Time Off
Covid Vaccine Time Off New York Paid Time Off for Covid VaccinesNew York employers must now provide employees with up to four (4) hours of paid time off for each COVID-19 vaccination. Here are some key facts about this new law: All New York employees are entitled to...
Selling Your Home
Selling Your Home “Sell Your Home Today! The Right Attorney Can Help” Are you a New York homeowner who is thinking about selling your home? The thought is crossing the minds of more and more homeowners as the post-pandemic housing market boom continues. Interest...
Estate Planning for Recent High School Graduates
Estate Planning For Recent High School Graduates As your child is dressed in their cap and gown and receiving their high school diploma, you likely have many thoughts in your head – pride; accomplishment; the passing of time; and your child’s future. One thing that...
Unemployment fraud in New York and throughout the nation has reached dramatically high levels during the Covid-19 pandemic. Over the last year, the Federal Department of Labor estimates that over $63 billion dollars has been improperly paid out due to fraud.
Life is Unpredictable, Protect the Ones You Love
Life is Unpredictable Protect the Ones You Love Covid 19. That’s all we hear or see these days. Every decision we make is influenced by it. Where will we go this weekend? Who will we see? How can we celebrate life’s most special occasions? What will my child’s...
Classifying Workers “Excuse me, are you in the right class?” Misclassification of employees is the categorizing of workers as independent contractors rather than employees. This enables employers to cut costs and save money. Misclassified workers are often underpaid...