{"id":18710,"date":"2022-12-01T17:30:06","date_gmt":"2022-12-01T15:30:06","guid":{"rendered":"https:\/\/www.talentlms.com\/blog\/?p=18710"},"modified":"2024-10-11T17:55:22","modified_gmt":"2024-10-11T14:55:22","slug":"stay-interview-vs-exit-interview","status":"publish","type":"post","link":"https:\/\/www.talentlms.com\/blog\/stay-interview-vs-exit-interview\/","title":{"rendered":"Should I stay or should I go? Or, how stay interviews impact retention"},"content":{"rendered":"

\u201cWhat prompted you to look for another job?\u201d<\/em><\/p>\n

\u201cWhat could we have done to keep you on?\u201d<\/em><\/p>\n

When an employee chooses to leave your company, you want to know why.<\/strong> An exit interview featuring questions like these is designed to help you see what your organization can do differently to strengthen retention going forward.<\/p>\n

But for companies facing chronic turnover and a competitive labor market, even the keenest hindsight may be too little, too late. If you want to bolster your team and hold on to top talent, consider conducting \u201cstay interviews.\u201d<\/p>\n

What is a stay interview? It\u2019s a powerful tool for preventing turnover rather than just understanding it<\/strong>.<\/p>\n

Let\u2019s explore the debate “stay interview vs exit interview” and find out how stay interviews can support your talent management<\/a><\/strong> and retention strategy.<\/p>\n

\"Stay<\/p>\n

What is an exit interview, and why conduct one?<\/h2>\n

Exit interviews have been around for a long time, and many companies conduct them as a routine part of the offboarding process.<\/p>\n

Generally, HR or a manager sits down to talk with the employee about their experience with the company. The purpose is to understand why the employee chose to leave<\/strong> and to get a sense of what could be improved going forward.<\/p>\n

Aside from asking about why they decided to seek employment elsewhere and what the company could have done differently, common exit interview questions include:<\/p>\n