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EXECUTIVE SUMMARY Traditionally, exit interviews are conducted with employees leaving an organization. The purpose of the interview is to provide feedback on why employees are leaving, what they liked or disliked about their employment and what areas of the organization they fell need improvement. More recently, the concept of exit interview has been revisited and expanded as a knowledge management tool rather than simply as HR information. Many companies struggle with getting useful information from EIS to develop effective retention strategies, that maybe the reason why cost of turnover is a nightmare for many companies. In this paper, I have analyzed data from various industries. And have tried to compare on the turnover between different organizations and the processes in which EIS is used. Exit interviews, as said by many, is largely a waste of time. Therefore it was necessary to critically analyze EIS processes and turnover. INTRODUCTION The time we live in today is...

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