Steps taken by an organization to understand the needs of its employees is a vital job. It is also essential to maintain a workforce that is loyal, effective and steady. For an organization it is a task to make sure that its best employees are valued and they have the best resources in hand to perform the best. If evaluation is not done regularly there is a risk of losing potential employees. Exit surveys are the best ways to gather information that is helpful to the organization. They are primarily conducted with those employees who are departing with the company. For any employer the biggest expense is the cost involved to train the employee. By the time the employee is ready to generate profits for the business, the employees chooses to leave the organization. This is a great loss for the company in terms of both time and money. So in order to avoid this companies conduct exit surveys. These interviews help to remove the flaws in the system and help to retain its potential employees. It makes no scene if one takes actions after the problem has incurred. Exit surveys provide information that helps company to take effective steps to reduce employee turnover. There are also many benefits apart from this like it helps to recognize what factors are of utmost importance to the employees. Another benefit is that is helps the company to identify the departments that are not working as per standards and make changes to improve its productivity. It also helps to estimate who require training and helps provide professional help to those employees who need the most. Therefore, the exit surveys are a great way to not only retain highly efficient employees but also to improve the present working conditions. So, one can conduct the exit interview not only at the time when the employee is leaving but also before hand to retain potential employees.