From the course: Managing Teams
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Retain your teammates
- Each year, millions of dollars are spent on recruitment and the onboarding process. Think about all the time and money that goes into the process of hiring people for your organization and getting them prepared to take on the roles you need them to fill. Traditionally, when people are leaving a company, you might conduct an exit interview to learn why they decided to leave. By then, it's too late to fix any of the issues that may have made this conversation avoidable. So, instead of waiting until an employee leaves, you can conduct stay interviews to gain insights into what's working well and what can be improved far before employees start considering other opportunities. What exactly is a stay interview? A stay interview is a structured conversation where a manager can learn specific actions that will improve employee satisfaction and engagement. More importantly, this tool will give you insights into issues that could be…
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