Friday, 7 September 2018

The Stay Interview


Engage employee before they become disconnected. One of the powerful tool to improve employee engagement, retain and reduce turnover. It gives an opportunity to have discussion with individual employees and helps employer to build trust, understand employee insights about organisation. More often management is reluctant to conduct individual meeting with employee thinking that employee will ask for raises, but it will help employer as preventive tool in employee turnover. 

It can be conducted twice a year or quarterly based on business and operations needs.


Who should conduct?

Ideally employees first line supervisor/immediate supervisor.

What are the advantages of stay interview?
Understand employee concerns and helps to prevents lose of top performing talent.
Based on finding employer can plan employee engagement activities.
Helps in reduce turnover.
Reduce recruitment efforts.

Stay interview may not bring perfect outcome, but it helps to understand why employee wants to stay with company and how to make it more interesting.

HR professionals play crucial role to conduct effective stay interview. He can create awareness and importance of stay interview as an effective employee retention strategy. Also HR can train first line managers and supervisors on effective implementation.


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