Stay Interviews

What is Stay Interviews?

 

‘Stay Interviews’ are those interviews which ask the currently active employees in a company to provide feedback on their process, their daily duties as well as the overall job satisfaction.

 

It is conducted to understand the mindset of the employees towards their current position and take necessary measures to improve their job satisfaction. Hence, it helps the company prevent attrition before it happens.

 

As the employee retention rates start rising, the company would have an engaged workforce that will be loyal towards them as they know that their feedback is being worked on, and the suggested improvements are being deployed.

More HR Terms

Self-Funded (Self-Insured) Plan

What is a Self-Funded (Self-Insured) Plan?   ‘Self-Funded Plan’ or ‘Self-Insured Plan’ refers to a kind of medical insurance plan in which the employer pays

Turnover

What is Turnover?   ‘Turnover’ refers to the total revenue of a company in a particular time period, which is usually a financial year. Turnover

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