Stay Interviews
A Powerful Tool to Help You Attract and Retain Talent
Many organizations do exit interviews, trying to find out too late why somebody is leaving. The problem is that many people do not want to burn their bridges and, on their last day, will likely tell you what’s politically correct orwhat you want to hear, or they will tell you they are moving for more money. Stay interviews help you get ahead of this scenario.
You are in competition for the quality people you have in your organization. Take some time to determine what makes people stay. Even if you pay more than your competitors, you won’t keep people who are burned out or bored. You need to find out what keeps them engaged and what their passion is.
Workplace satisfaction is a two-way street. It demands effort from the leaders of the organization and initiative and effort from the managers and team leads. After you listen, you need to respond. Encourage a two-way conversation so dialogue can continue. Build effective relationships with staff. Stay Interviews are questions for staff that asks them what keeps them and what might entice them away.
It is asked not just of your ‘high potentials’ or discontents but the solid middle of your organization that actually do the majority of the work and make up your culture.
Why save the best questions for an exit interview? Ask them now, and you will really make a difference. Asking has many positive results. The people you ask feel cared about, valued, and important, which often leads to stronger loyalty and commitment to you and the organization. Having a conversation that includes career growth, learning, and development helps you connect with three of the top reasons that people stay in their current jobs.
Benefits of Stay Interviews:
- Helps you understand the current culture.
- Significantly increases retention through engagement
- Focuses on the people who are staying rather than those who are leaving.
- Helps in recruiting process by understanding what is needed to be successful in the environment.