• Visit Owatonna
  • Member Login
  • Business Resources
Owatonna Area Chamber Of Commerce & TourismOwatonna Area Chamber Of Commerce & TourismOwatonna Area Chamber Of Commerce & TourismOwatonna Area Chamber Of Commerce & Tourism
  • ABOUT
    • About Owatonna
    • Mission
    • Board of Directors
    • Chamber Team
    • Contact Us
    • Join Now
  • MEMBERS
    • Join Now
    • Benefits
    • Business Directory
    • Chamber Events
    • Chamber Gift Certificates
    • Committees/Volunteer Opportunities
    • FAQs
    • Market Your Business
    • Member Login
  • SHOP LOCAL
  • ADVOCACY
    • Government Officials
    • Legislative Agenda
    • Running for Office
  • WORKFORCE
    • Find a Job
    • Made in Owatonna
    • SteeleCo.Works
    • Ted G. Ringhofer Scholarship
  • EVENTS & PROGRAMS
    • Chamber Events
    • Annual Dinner
    • Business After Hours
    • Chamber Growth Breakfast Series
    • Golf
    • Grow Minnesota!
    • Owatonna Community Leadership Academy
    • Young Professionals
  • MAINSTREET
    • About MainStreet
    • Community Flower Baskets
    • Downtown Clean Up
    • Downtown Thursdays
    • Economic Development Authority (EDA) Forgivable Loan Program
    • Holiday Lighted Parade
    • MainStreet
    • Owatonna Business Partnership
  • LIVING HERE
    • Area Churches
    • Chamber Gift Certificates
    • Community Calendar
    • Downtown Parking Restrictions
    • Landlord & Tenant Handbook
    • New Resident information
    • Owatonna Chamber Foundation
    • Request a Visitor’s Guide
    • Rental Information
    • Visit Owatonna
  • NEWS
    • Business Brief
    • Chamber Blog

Interview Your Employees So They Stay

    Home Attract & Retain Talent Interview Your Employees So They Stay

    Interview Your Employees So They Stay

    By BMeier | Attract & Retain Talent | 0 comment | 19 April, 2022 | 1

    The Great Resignation is spurring a rash of hiring bonuses, better perks, and aggressive recruitment. You’ve probably heard of or are engaging in focused talent retention – but have you tried the “stay interview?”

    The opposite of an exit interview, a stay interview is a semi-formal conversation with your top talent about why they stay with your company. Some companies may already have something similar in place as part of their annual review process.

    It’s a fairly straightforward approach, wherein managers seek to understand more about each individual’s goals, how they’re feeling in their current position, and what the company can do to help them grow professionally over the next year. Here’s how to effectively conduct stay interviews with your top talent.

    It’s Not a Formal Conversation

    The interview is less structured than a hiring interview, and more of a conversation. However, these conversations may be ineffective if your team doesn’t have a sense of security in talking freely. If there’s an unspoken fear of retaliation or nervousness about speaking up, you won’t get the open feedback you need.

    This culture also requires your managers to be vulnerable and open to constructive criticism. Often, stay interviews will yield a mix of things you’re doing right and areas where the workplace needs improvement. Remember when doing this that it’s a dialogue – not simply asking your employees for a list of things to improve.

    What Should I Ask in a Stay Interview?

    Focus on the employee’s work every day and how valued they feel their contributions are. You can ask how they feel about the organization in general, but steer clear from asking for status updates about current projects. You’re looking for a general sense of their satisfaction.

    A few questions to get the conversation started can include:

    • How do you feel about the impact of your work?
    • What would you like to do more of in your role? And less of?
    • Do you see a future for yourself here? What does it look like?
    • What makes you happy to come to work?
    • What would prompt you to quit?
    • If you were the department head, what would you do differently?

    Finding out what would make an employee leave the company will shed light on what you need to do to make them stay. As a manager, it’s your job to bring your stay interview feedback to those above you, especially if you aren’t in a position to make significant changes to a salary package or working conditions.

    Don’t be surprised if employees initiate stay interviews with you. Unless they’re living under a rock, many workers know that they’re in high demand and have a lot more power than they’ve had in a long time. Be aware and receptive if you sense someone is initiating a stay conversation.

    Acting On Stay Interview Feedback

    End a stay interview on a strong note, thanking your employee for their time and summarizing what they’ve said in your own words. Ask if you’re correct in your understanding, and tell them what your next steps will be with the information.

    The stay interview is a great way to make your employees feel valued and heard. As a business owner, appreciating the work contributions of your top talent (managers included) goes a long way towards retaining them.

    No tags.

    Related Post

    • Downtown Holiday Window Contest

      By BMeier | 0 comment

      Put your holiday cheer on display in the Downtown Owatonna Holiday Window Contest. The Owatonna Chamber of Commerce & Tourism and Owatonna Business Partners invites you to join our downtown neighbors in making this holidayRead more

    • Viracon – Great Buildings Deserve Great Glass

      By BMeier | 0 comment

      Transform Tier Member After five decades, over 100,000 buildings, and more than 500,000,000 square feet of glazing installed in some of the most remarkable buildings throughout the world, Viracon has established itself as a recognizedRead more

    • David Aaker says we can be better people in business

      By BMeier | 0 comment

      David Aaker is well-known for his expertise in marketing and his ability to help businesses thrive and exceed their goals. His branding concepts, including identifying customer’s interests and creating a community or story around thoseRead more

    • Do This Before The Great Resignation Becomes The Great Revolt

      By BMeier | 0 comment

      Walk down the street outside your business and you’ll probably see at least one “Help Wanted” sign – and you likely have one of your own up, too. The Great Resignation is turning into theRead more

    • What Happened to Supporting Businesses Impacted by Covid Shutdowns?

      By BMeier | 0 comment

      When Covid was at its height, and businesses were being shut down by state government there was a promise to make them whole.  Government grant programs popped up to support business-grants that were competitive andRead more

    • Where to find your next key employee

      By BMeier | 0 comment

      If your business were a car, your key employees would be the engine. These are your superstars, the heavy hitters who apply their talents and skill sets in their positions and generate massive results everyRead more

    • Which business stage are you in?

      By BMeier | 0 comment

      Every business goes through similar stages, no matter which industry it operates in. Knowing what stage your company is in can help guide you in focusing your efforts on the right activities for your currentRead more

    • Leaders Adapt; Managers Rely On Experience

      By BMeier | 0 comment

      Leaders are innovative and show their strength during times of chaos or difficulty. They think outside the box and seek creative solutions for unusual circumstances. On the other hand, managers tend to follow tried-and-true approachesRead more

    Leave a Comment

    Cancel reply

    Your email address will not be published. Required fields are marked *

    VISIONARY MEMBERS

    OWATONNA.ORG SPONSORS

    JOIN TODAY

    Interested in becoming a member? We would love the opportunity to tell you more about our organization and the benefits of becoming a member!

    MEMBER LOGIN

    Login to your account to make changes to your business listing.

    SIGN UP FOR THE NEWSLETTER

    ABOUT

    Our Chamber has approximately 530 members that invest their resources, employee volunteerism and confidence in the Owatonna Area Chamber of Commerce & Tourism and the business community.

    PARTNERS
    • Owatonna Development
    • Visit Owatonna

    https://www.uschamber.com/chamber-accreditation-program

    MEMBERS
    • Join Now
    • Benefits
    • Member Login

    CONTACT US

    Address
    Owatonna Area Chamber of Commerce & Tourism

    320 Hoffman Dr.
    Owatonna, MN 55060

    Email
    oacct@owatonna.org

    Phone
    507-451-7970

    Owatonna Area Chamber of Commerce & Tourism | All Rights Reserved © 2019 | Log In
    • ABOUT
      • Mission
      • Chamber Team
      • Board of Directors
      • About Owatonna
      • MainStreet
      • Contact Us
    • MEMBERS
      • Join Now
      • Benefits
      • Market Your Business
      • Member Login
      • Chamber Gift Certificates
      • FAQs
      • Business Directory
      • Business Resources
      • Chamber Events
      • Committees/Volunteer Opportunities
    • ADVOCACY
      • Legislative Agenda
      • Government Officials
    • EVENTS & PROGRAMS
      • Chamber Events
      • Business After Hours
      • Business Boot Camp
      • Annual Dinner
      • Golf
      • Young Professionals
      • Grow Minnesota!
      • Owatonna Community Leadership Academy
    • LIVING HERE
      • Area Churches
      • Chamber Gift Certificates
      • Community Calendar
      • Downtown Parking Restrictions
      • Landlord & Tenants Handbook
      • New Resident information
      • Owatonna Chamber Foundation
      • Request a Visitor’s Guide
      • Rental Information
      • Visit Owatonna
    • NEWS
      • In the News
      • Business Brief
      • Chamber Blog
    • MEMBER LOGIN
    Owatonna Area Chamber Of Commerce & Tourism