With levels of employee engagement at an all time low, recent research has revealed a quarter more men than women have formal exit interviews when leaving their job.
Diving deeper into the report by Cpl’s Talent Evolution Group, it has been found that 44% of women employees report never receiving an invitation for an exit interview – in sharp contrast to the 67% of their male counterparts, who did find themselves in the feedback loop and who were asked for their insights.
Beyond the gender imbalance, there was another noticeable revelation in the study. Two-thirds of female leavers expressed a willingness to provide their former employers with negative feedback on Diversity, Equity, and Inclusion (DE&I), However, without exit interviews to surface this, the report highlighted a potential risk to employer branding and talent retention.
Overall, the research uncovered that 38% of businesses actually forego exit interviews altogether, meaning a significant number of employers are navigating the future hiring process oblivious to potential challenges that could improve talent retention efforts.
In conclusion, the departure of employees shouldn’t be a blind spot for organisations.
The unequal distribution of exit interviews between genders underscores a need for recalibration in how organisations approach farewells. Listening to the voices that often go unheard can not only rectify systemic biases but also strengthen company foundations for future success.