Employee turnover can be a significant challenge for employers, as it can lead to increased costs, loss of productivity, and a negative impact on company culture. Stay interviews offer a proactive approach to understanding and addressing the needs of employees, ultimately enhancing retention rates. Unlike exit interviews, which are conducted when an employee is leaving, stay interviews are conducted while the employee is still employed at the organization with the goal of identifying factors that contribute to their job satisfaction and commitment.
This article outlines best practices for employers to conduct effective stay interviews and covers the following topics:
- Establish clear objectives
- Integrate stay interviews into onboarding
- Create a safe and confidential environment
- Train interviewers
- Ask open-ended questions
- Actively listen and validate
- Identify actionable insights
- Follow up and track progress
Read the full article: Stay Interview Best Practices
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