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Wiktionary
exit interview

n. 1 (label en business human resource management) A final meeting between an individual who is leaving his or her employment and a representative of the employing organization, in order to gather information about employment conditions and to ensure a fair, informed, orderly departure. 2 A similar meeting held when an individual leaves some other type of organization, such as an educational institution or voluntary association.

Wikipedia
Exit interview

An exit interview is a survey conducted with an individual who is separating from an organization or relationship. Most commonly, this occurs between an employee and an organization, a student and an educational institution, or a member and an association. An organization can use the information gained from an exit interview to assess what should be improved, changed, or remain intact. More so, an organization can use the results from exit interviews to reduce employee, student, or member turnover and increase productivity and engagement, thus reducing the high costs associated with turnover. Some examples of the value of conducting exit interviews include shortening the recruiting and hiring process, reducing absenteeism, improving innovation, sustaining performance, and reducing possible litigation if issues mentioned in the exit interview are addressed. It is important for each organization to customize its own exit interview in order to maintain the highest levels of survey validity and reliability.

The exit interview fits into the separation stage of the employee life cycle (ELC). This stage, the last one of the ELC, spans from the moment an employee becomes disengaged until his or her departure from the organization. This is the key time that an exit interview should be administered because the employee’s feelings regarding his or her departure are fresh in mind. An off-boarding process allows both the employer and employee to properly close the existing relationship so that company materials are collected, administrative forms are completed, knowledge base and projects are transferred or documented, feedback and insights are gathered through exit interviews, and any loose ends are resolved.

Usage examples of "exit interview".

His superiors at home were pressing him to acquire what they were referring to as an exit interview with MacAllister.

If she was wrong about being overheard, as he felt sure she must be if she thought her protection came from a ghost, then it wouldn't be long before he would be hearing this conversation replayed, probably as part of his exit interview.