Exit interviews test reward strategies

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

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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