Exit Interview

[ˈɛɡzət | ˈɪn(t)ərˌvju]
Definition:

An interview carried out with employees as they are leaving the company, usually conducted by a combination of management and a HR personnel. 

This is used to document and understand reasons why someone is leaving the business to identify trends or problem areas leading to attrition. Exit interviews are very important to be carried out as it helps the organisation to be aware of improvements to make in terms of work ethics, organisation’s working culture and its benefits; organisations must therefore ensure to carry out exit interviews each time an employee leaves the organisations as it will be a great help to even improve the organisation’s competitive advantage. 

Part of speech:
noun
Use in a sentence:
An exit interview must be carried out before an employee's departure.
Exit Interview