What Is an Exit Interview?

Short Answer

An exit interview is a short, calm conversation with an employee who is leaving, to learn honestly why they are going and what the business could do better. It is held before their last day, without arguing or persuading, and the answers are written down and reviewed for patterns across departures.

Exit interview = a calm setting + a few open questions + listening + writing it down + acting on patterns

Doctor Owl, in Plain English

“She will tell you why, if you ask and then stay quiet. Nobody else is going to.”

How This Guide Works

Need the answer fast? Read the Short Answer above and the numbered steps. Want the full picture? Follow Beatrix, a bee who makes honey and candles from Dr. Paul’s Fabled Forest Business School Series, as her best worker leaves and nobody asks why. Her story shows up in a few short gold notes along the way. The math sits in one section, clearly marked.

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Meet Beatrix: A Bee Who Never Asked

Some lessons stick better as a story. Dr. Paul’s Fabled Forest Business School Series teaches business through a forest full of small business owners. Doctor Owl, a dry-witted consultant who lives in the Lone Oak, helps them fix the same problems real owners face.

Today he hears from Beatrix the Bee, whose best worker, Juniper, has left the honey house for a competitor down the coast. Three helpers have gone since midsummer. Beatrix assumes it is the money. She has never asked any of them.

Why Do Exit Interviews Matter for a Small Business?

When someone leaves, most owners assume the reason: more money, a better offer, a move. They rarely ask. So the real reason, a schedule, a manager, a promise never kept, stays hidden and drives the next departure.

An exit interview is the cheapest research a business can do on its own retention problems.

In the Fabled Forest

Beatrix kept a slate of who had gone: three since midsummer. Doctor Owl pointed out that the count showed they were leaving, but not why. She had never asked a single one.

What Questions Should You Ask in an Exit Interview?

  • What made you start looking? The first reason is often the real one.
  • What did we do well? So you know what to protect.
  • What would have made you stay? Specific and actionable.
  • Was there a moment you decided? Often a single event.
  • What should I know for the next person? An open door for anything else.

In the Fabled Forest

At the competitor’s company, the five creatures hired in July left one by one. A manager named Rae wrote each one down, with no reason beside any of them, because nobody asked. When Juniper later gave her notice there, Rae became the first person at that company to ask why.

What Do You Do With Exit Interview Answers?

Write each answer down and read them together every few months. Look for repeated reasons: a schedule, a supervisor, a lack of growth, a pay gap. One answer is a story. Three is a pattern.

Then fix the pattern for the people who are still there, and ask them directly with a stay interview. Track the change in turnover.

In the Fabled Forest

Beatrix did not bring a bigger number. She brought the apron Juniper had left behind and the sheet of what the job offered, with two new lines added. Juniper came back to the honey house.

What Did Not Asking Cost?

This is the math section. Skip it if you only want the steps.

Here are the departures in two businesses, and how many were asked why.

BusinessLeftAsked why
Honey house, since midsummer30, until Juniper spoke up
Coast company, hired 5 in July50, until Juniper

Step 1: The count. Eight departures across two small businesses in a few months.

Step 2: The information gathered. None, until one person was finally asked.

Step 3: Your version. For every departure last year, write down the reason you know. If most say unknown, start exit interviews this month.

Illustrative numbers from the book.

How Do You Run an Exit Interview?

Four steps, about twenty minutes.

  1. Schedule it before the last day.

    A calm time, privately, not during the rush.

  2. Ask a few open questions.

    Why they started looking, what would have kept them, what you did well.

  3. Listen without arguing.

    No counteroffers, no defending. Write it down.

  4. Review answers every few months.

    Look for patterns and fix them for the people who stay.

In the Fabled Forest

Doctor Owl’s point to Beatrix was simple: the numbers show people are leaving, and asking shows why.

Why Did Juniper Really Leave?

This page gives you the short version. The book gives you the whole autumn: a slate with three names, five empty stools down the coast, a manager who finally asked, and an apron three sizes too big.

Every chapter of Human Resources for Small Businesses works the same way. One owner, one problem, one real idea you can use on Monday, plus a one-page worksheet to do it.

What Would a Consultant Look For Across Exit Interviews?

Dr. Paul Borosky, DBA, MBA · Business Consultant

Across exit interviews, Dr. Paul looks for the same reason appearing more than once. One person leaving over a schedule is personal. Three people leaving over the same schedule is a system problem the owner can fix. He also notes when departures cluster under one supervisor, in one role, or in the first ninety days, because each pattern points to a different fix. Most small businesses have enough departures in a year to see a pattern, but almost none write the reasons down. Starting that habit is often the single most useful retention step an owner can take.

What Gets Asked Most About Exit Interviews?

What questions should I ask in an exit interview?
Ask what made them start looking, what you did well, what would have made them stay, whether there was a moment they decided, and what you should know for the next person.
Should the owner do the exit interview?
In a small business, often yes, as long as the owner listens without arguing. If the owner is part of the problem, a trusted manager can do it.
What do I do with exit interview answers?
Write them down, review them every few months for patterns, and fix the patterns for the people who stay.

Written by Dr. Paul Borosky, DBA, MBA, business consultant and author with 14+ years of experience and 1,000+ clients served. Hiring, paying, or managing a team and want a second set of eyes? See business consulting and prices.

This page is for general educational purposes only. It is not legal, financial, employment, or other professional advice. Figures are illustrations. The Fabled Forest and its characters are fictional. For decisions about your own business, consult a qualified professional.