Stay Interview
Summary Definition: A strategic conversation between an employee and their manager to understand what factors encourage the employee to remain with the company.
What is a Stay Interview?
Stay interviews between employees and their managers are conversations designed to identify what factors influence each employee's decision to stay with the company instead of looking for a new job. Interviews focus on several topics, such as the employee's motivations, engagement levels, and potential reasons that would encourage them to leave.
These interviews also allow employers to proactively address any issues employees have with the organization while reinforcing the positive reasons that improve retention. Moreover, by fostering an environment of open communication, stay interviews serve as a powerful tool for enhancing employee satisfaction and loyalty.
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