Exit interviews are crucial to every organization. Large companies have various reasons for conducting exit interviews. Employee satisfaction survey, team meetings and informal conversations are a big concern in majority of companies. Effective communication with employees is important and managers should interact with employees regularly. Employee surveys are the best way to feel the pulse of employees. To understand the exact needs of employees is a big task. Each and every company conducts different kinds of surveys such as retention survey, work environment survey, attitude survey, employee satisfaction survey, communications survey, loyalty survey and benefits survey. HR departments conduct exit interviews to gather information from departing employees to identify problem areas and to retain existing employees. Nowadays, more and more companies are using exit interview survey software as it gives optimum and instant results. Use of exit interview surveys help companies to work on retention and overall satisfaction of employees. A particular company can definitely grow with the constructive feedbacks of former employees. Companies conduct exit interviews to know lots of things. Exit interview contains some questions about employee’s experience while working with the company. Main focus of survey questionnaire is to determine the cause for separation. Exit interview survey software is an ideal way to understand the reasons behind departure of an employee. Exit interviews should be conducted for every exiting employee regardless of his position in an organization. These interviews are utilized by HR to get information about improvements of working conditions in the company. Getting employee feedback through focus group, interview, email, survey or other means of communications is very important and no company should neglect it. For many companies, conducting formal exit interviews is a labor intensive and time-consuming process. Therefore, exit interview survey software has been frequently used in order to save time.