Stay interviews are an important means of re-recruiting your workforce – because what attracts your employees is often different from what will keep them. Stay interviews tend to improve engagement and productivity - as well as retention. In this webinar, you will learn how to prepare for, conduct & follow through on stay interviews.
WHY SHOULD YOU ATTEND?
Turnover today is rampant because employees can be choosy with:
- The lowest unemployment rate in 48 years
- For the first time ever in the U.S., there are more job openings than eligible candidates
- Over half of U.S. employees say it is 'somewhat likely' or 'very likely' they can find a job as good as the one they have 50% of employees & 60% of millennials considering new employment opportunities the average tenure for employees in their 20’s being less than 18 months
And turnover is expensive with the cost of replacing a:
- $10-hour employee over $3,000
- $30-50,000 job over $8,000
- Replacing a $100,000 often over $200,000
However, engaged employees when compared to unengaged employees have:
» 65% less turnover in low-turnover organizations and 25% lower turnover in high-turnover organizations
AREA COVERED
#1. The Objective of a Stay Interview
- Making employees feel valued & improving engagement, productivity & retention
- Reinforcing good relationships, forging new ones & helping repair those that are strained
- Re-recruiting talent, causing employees to feel valued & enhancing the relationship between an employee & his/her manager
#2. What Stay Interviews Are
- Employee/supervisor meetings to uncover what is important to each employee
- Means of learning why employees stay might leave & what their supervisor can do to improve their work experience
#3. Why Stay Interviews Are Not
- Performance appraisals
- Conducted only when problems arise
- Personal development
- Causal, random discussions
#4. Initiating a Stay Interview Program
- Who should conduct the interviews & why
- Training managers & leaders
- Setting retention goals
#5. Scheduling & Conducting Stay Interviews
- Frequency & length of each interview
- Preparing for an interview
- The most effective stay interview questions
- How to probe for candid responses
- Handling employee responses for which you don’t have an immediate answer
#6. Following Through on Your Stay Interviews
- Creating & documenting action plans
- Sharing accountability for the follow-through
- Following up on the action plans
- Forecasting future turnover
WHO WILL BENEFIT?
Any Leader, Manager, or Supervisor [HR, Production, Accounting, Sales, IT, etc.] – who wants to increase employee engagement and/or retention.
Turnover today is rampant because employees can be choosy with:
- The lowest unemployment rate in 48 years
- For the first time ever in the U.S., there are more job openings than eligible candidates
- Over half of U.S. employees say it is 'somewhat likely' or 'very likely' they can find a job as good as the one they have 50% of employees & 60% of millennials considering new employment opportunities the average tenure for employees in their 20’s being less than 18 months
And turnover is expensive with the cost of replacing a:
- $10-hour employee over $3,000
- $30-50,000 job over $8,000
- Replacing a $100,000 often over $200,000
However, engaged employees when compared to unengaged employees have:
» 65% less turnover in low-turnover organizations and 25% lower turnover in high-turnover organizations
#1. The Objective of a Stay Interview
- Making employees feel valued & improving engagement, productivity & retention
- Reinforcing good relationships, forging new ones & helping repair those that are strained
- Re-recruiting talent, causing employees to feel valued & enhancing the relationship between an employee & his/her manager
#2. What Stay Interviews Are
- Employee/supervisor meetings to uncover what is important to each employee
- Means of learning why employees stay might leave & what their supervisor can do to improve their work experience
#3. Why Stay Interviews Are Not
- Performance appraisals
- Conducted only when problems arise
- Personal development
- Causal, random discussions
#4. Initiating a Stay Interview Program
- Who should conduct the interviews & why
- Training managers & leaders
- Setting retention goals
#5. Scheduling & Conducting Stay Interviews
- Frequency & length of each interview
- Preparing for an interview
- The most effective stay interview questions
- How to probe for candid responses
- Handling employee responses for which you don’t have an immediate answer
#6. Following Through on Your Stay Interviews
- Creating & documenting action plans
- Sharing accountability for the follow-through
- Following up on the action plans
- Forecasting future turnover
Any Leader, Manager, or Supervisor [HR, Production, Accounting, Sales, IT, etc.] – who wants to increase employee engagement and/or retention.
Speaker Profile
![ins_img](/Speaker_Pics/petetosh.png )
Pete Tosh is Founder of The Focus Group, a management consulting and training firm that assists organizations in sustaining profitable growth through four core disciplines:Maximizing Leadership EffectivenessImplementing Strategic HR InitiativesStrategic PlanningEnhancing Customer LoyaltyThe Focus Group has provided these consulting & training services to manufacturing & service organizations across the U.S., Canada, Europe & the Middle East.Pete has worked closely with the senior leadership teams of organizations such as Brink’s, EMC, State Farm Insurance, Marriott, N.C.I., Freddie Mac, and YKK Pete is also co-author of Leading Your Organization to the Next Level: The Core Disciplines of Sustained Profitable Growth. Pete holds …
Upcoming Webinars
![](https://247compliance.com/Speaker_Pics/planing.jpg )
![](/static/images/default-webinar-info.jpg)
Artificial Intelligence (AI), Machine Learning, and FDA Com…
![](https://247compliance.com/static/images/hr-employee.jpg)
Female to Female Hostility @Workplace: All you Need to Know
![](/static/images/default-webinar-info.jpg)
Excel Spreadsheets; Develop and Validate for 21 CFR Part 11…
![](/static/images/default-webinar-info.jpg)
2024 EEOC & Employers: Investigating Claims of Harassment &…
![](/static/images/default-webinar-info.jpg)
Transforming Anger And Conflict Into Collaborative Problem …
![](/static/images/default-webinar-info.jpg)
Recruiting is Easy: Using a Sales and Marketing Approach
![](https://247compliance.com/static/images/fatal-errors.jpg)
How to Write Procedures to Avoid Human Errors
![](/static/images/default-webinar-info.jpg)
Dynamic Presentations: Advanced Techniques with PowerPoint …
![](https://247compliance.com/static/images/peer-to-boss.jpg)
![](https://247compliance.com/static/images/fda-ai.jpg)
FDA Regulation of Artificial Intelligence/ Machine Learning
![](/static/images/default-webinar-info.jpg)
Behavioral Issues, Conflict and Incivility in The Workplace…
![](/static/images/default-webinar-info.jpg)
Marketing to Medicare or Medicaid Beneficiaries - What You …
![](/static/images/default-webinar-info.jpg)
Onboarding is Not Orientation: How to Improve Your New Hire…
![](https://247compliance.com/Speaker_Pics/qalification.jpg)
Effective Onboarding: How to Welcome, Engage, and Retain Ne…
![](/static/images/default-webinar-info.jpg)
6-Hour Virtual Seminar on Learning the Highlights of Excel …
![](https://247compliance.com/Speaker_Pics/laboratory-3827743_960_720.jpg)
Impact Assessments For Supplier Change Notices
![](/static/images/default-webinar-info.jpg)
Developing an FDA/ISO Compliant Quality Management System
![](/static/images/default-webinar-info.jpg)
Aligning Your HR Strategy with Your Business Strategy
![](https://247compliance.com/Speaker_Pics/vda.jpg)
Accounting For Non Accountants : Debit, Credits And Financi…
![](https://247compliance.com/static/images/travel-expenses.webp)
Dealing With Difficult People In Life & Work
![](/static/images/default-webinar-info.jpg)
Managing Difficult Employee Conversations
![](/static/images/default-webinar-info.jpg)
I-9 Audits: Strengthening Your Immigration Compliance Strat…
![](/static/images/default-webinar-info.jpg)
Essential Job Functions According to the American with Disa…
![](/static/images/default-webinar-info.jpg)
Pay Equity Changes for 2024! What Employers Need to Know to…
![](/static/images/default-webinar-info.jpg)
![](/static/images/default-webinar-info.jpg)
Leader Branding: How to Communicate with Confidence to Attr…
![](https://247compliance.com/Speaker_Pics/currency-3118767_960_720.jpg)
Why EBITDA Doesn't Spell Cash Flow and What Does
![](/static/images/default-webinar-info.jpg)
Design Verification, Validation and Testing for Medical Dev…
![](https://247compliance.com/Speaker_Pics/oo.jpg)
FFIEC BSA/AML Examination Manual: What Compliance Officers …
![](/static/images/default-webinar-info.jpg)
Project Management for Non-Project Managers - How to commun…
![](/static/images/default-webinar-info.jpg)
Data Integrity and Privacy: Compliance with 21 CFR Part 11,…
![](https://247compliance.com/Speaker_Pics/ver.jpg )
Harassment, Bullying, Gossip, Confrontational and Disruptiv…
![](/static/images/default-webinar-info.jpg)
Employee or Independent Contractor – U.S DOL Announces 2024…
![](https://247compliance.com/static/images/73.jpg)
![](/static/images/default-webinar-info.jpg)
Best Practices in Complaint Management for Regulatory Compl…
![](/static/images/default-webinar-info.jpg)
Ensuring Safe and Effective Pharmaceutical Products: A Comp…
![](https://247compliance.com/Speaker_Pics/laboratory-3827743_960_720.jpg)
![](https://247compliance.com/Speaker_Pics/download.jpg)
Human Factors Usability Studies Following ISO 62366 and FDA…
![](/static/images/default-webinar-info.jpg)
![](/static/images/default-webinar-info.jpg)
Tattoos, hijabs, piercings, and pink hair: The challenges …
![](/static/images/default-webinar-info.jpg)
Gossip-Free: Leadership Techniques to Quell Office Chatter
![](/static/images/default-webinar-info.jpg)
Updated Metro 2®, e-OSCAR and the New Tougher FCRA/CFPB Com…
![](https://247compliance.com/Speaker_Pics/files.jpg)
Form W-9 Compliance to Avoid Penalties: TIN Verification, B…
![](https://247compliance.com/Speaker_Pics/tax-blog1.png)
Understanding and Analyzing Financial Statements
![](/static/images/default-webinar-info.jpg)
Divorce, Adoption and Other Special Tax Topics
![](/static/images/default-webinar-info.jpg)
Setting up Quality System for FDA Regulated Products: Tips …
![](/static/images/default-webinar-info.jpg)
Is Your Culture Working For or Against Your Success? If You…
![](https://247compliance.com/static/images/sick.jpg)
With Mandatory Paid Leave Gaining Ground Is It Time To Do A…
![](/static/images/default-webinar-info.jpg)