My solution was to use an anonymous pipe to pass the status to a monitoring loop. There are no temporary files used to exchange status so nothing to cleanup. If you were uncertain about the number of background jobs the break condition could be [ -z "$(jobs -p)" ]
.
#!/bin/bash
exec 3<> <(:)
{ sleep 15 ; echo "sleep/exit $?" >&3 ; } &
while read -u 3 -t 1 -r STAT CODE || STAT="timeout" ; do
echo "stat: ${STAT}; code: ${CODE}"
if [ "${STAT}" = "sleep/exit" ] ; then
break
fi
done