Exit interviews test reward strategies

Exit
interviews are the most popular way of assessing the effectiveness of reward
strategies.

Sign up to our weekly round-up of HR news and guidance

Receive the Personnel Today Direct e-newsletter every Wednesday

Email(Required)

OptOut

From time to time, we will send you emails about selected products, events and services from Personnel Today and OHW+ - but you can choose to opt-out at any time. If you do not wish to receive these emails, please tick this box.

Email

This field is for validation purposes and should be left unchanged.

Δ

The
Chartered institute of Personnel and Development’s Reward Management Survey
2003 interviewed 246 employers and found 76 per cent discuss reward with workers
at the exit interview stage. However, just one-quarter (26 per cent) actually
check the opinions of the line managers involved.

Even
less organisations (16 per cent) use special review groups when assessing
reward effectiveness.  www.cipd.org.uk