How to Use Stay Interviews to Prevent Employee Turnover

Publisher: WorkRamp

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How to Use Stay Interviews to Prevent Employee Turnover

Employee turnover can be devastating for your org. Besides needing to replace top performers, it can cost one-half to 2x an employee's annual salary to replace them. If you're struggling with churn, employee stay interviews may be precisely what you need to boost employee engagement and increase retention. An employee stay interview is the opposite of an exit interview. Instead of asking why an individual is leaving, you can gain valuable insights into job satisfaction, employee engagement, career development and planning, and more. Stay interviews help you understand what team members really want and what you can do to retain them.