Entrepreneur to Employer - Insights to People & Business Operations to Build a Profitable Business

The Power of Stay Interviews to Increase Employee Retention

November 08, 2023 Brian Montes Season 2 Episode 62
The Power of Stay Interviews to Increase Employee Retention
Entrepreneur to Employer - Insights to People & Business Operations to Build a Profitable Business
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Entrepreneur to Employer - Insights to People & Business Operations to Build a Profitable Business
The Power of Stay Interviews to Increase Employee Retention
Nov 08, 2023 Season 2 Episode 62
Brian Montes

Employees are asking themselves the question “Should I stay or should I go?” more than you’d like to believe. 

If you avoid having stay conversations with your employees and wait until they’ve already decided to quit, it’s going to be too late to change their minds. 

Once the employee has decided to leave the company, they already have one foot out the door and aren’t likely to turn back. 

This week’s episode of the Entrepreneur to Employer podcast is about the power of stay conversations and how they positively impact employee retention. 

In this episode, Brian shares the importance of taking a proactive, instead of reactive approach to employee retention by implementing regular conversations that gauge why your employees are staying with you. 

He also covers:

  • What is a stay interview and 3 reasons why it's worth your time to conduct them.
  • How stay interviews differ from exit interviews. 
  • 2 conditions are required for the stay interview engagement strategy to work. 
  • Practical aspects are needed to conduct a successful stay interview. 

Stay tuned for next week’s episode where I cover 21 questions you can utilize in your stay interviews. 

Thank you for listening! If you enjoyed this episode or found any of the information helpful, check our website to learn more, and be sure to follow, rate, and review the podcast!

Tune in to more episodes to keep up with the latest trends in HR leadership and organizational effectiveness and tips on how to develop and lead a high-performing team!


STAY CONNECTED:

Scaleocity Works - https://www.scaleocityworks.com/

🚀READY TO HIRE EMPLOYEE # 1 and accelerate your success in building your high-performing team? Join the Entrepreneur to Employer Membership - https://bit.ly/3gd5hoM

📳Want to get in touch? Email me at brianm@scaleocityworks.com 

💻Join our FREE Entrepreneur to Employer Facebook  Group  - https://bit.ly/3FYbKhW

❓Have a question/ Submit your question and have it answered live on the show! Submit your question for FAQ Friday - https://bit.ly/48tCfIi




As a business coach, there are 6 critical mistakes that I see founders and business owners make.

If you nod in agonized agreement to the points below, you’re in a prison cell that many entrepreneurs the world over find themselves in:

  • Working endless hours without scaling new heights...
  • Working harder to make even less...
  • Lying awake, agonizing about your superior competitors...
  • Spending more time doused in frustration than sipping the champagne of success...
  • Always on the hunt for fresh strategies and new customers...
  • Drowning in staff issues when you’d rather focus on business growth…

To help you overcome these 6 critical mistakes, I have written the Six Silver Bullets e-book to guide you through the process. Implementing these Six Silver Bullets are Six Surprisingly Simple and Effective Strategies Smart Entrepreneurs Use to Gain Control of Their Time, Team, and Money and Grow Their Business Profits Fast!

This eBook isn’t just another business manual. It’s your ticket to scaling peaks you’ve only dreamt of. Implementing these strategies isn't optional—it’s a must.

Download your FREE copy today!

https://hub.scaleocityworks.com/ebook







Show Notes

Employees are asking themselves the question “Should I stay or should I go?” more than you’d like to believe. 

If you avoid having stay conversations with your employees and wait until they’ve already decided to quit, it’s going to be too late to change their minds. 

Once the employee has decided to leave the company, they already have one foot out the door and aren’t likely to turn back. 

This week’s episode of the Entrepreneur to Employer podcast is about the power of stay conversations and how they positively impact employee retention. 

In this episode, Brian shares the importance of taking a proactive, instead of reactive approach to employee retention by implementing regular conversations that gauge why your employees are staying with you. 

He also covers:

  • What is a stay interview and 3 reasons why it's worth your time to conduct them.
  • How stay interviews differ from exit interviews. 
  • 2 conditions are required for the stay interview engagement strategy to work. 
  • Practical aspects are needed to conduct a successful stay interview. 

Stay tuned for next week’s episode where I cover 21 questions you can utilize in your stay interviews. 

Thank you for listening! If you enjoyed this episode or found any of the information helpful, check our website to learn more, and be sure to follow, rate, and review the podcast!

Tune in to more episodes to keep up with the latest trends in HR leadership and organizational effectiveness and tips on how to develop and lead a high-performing team!


STAY CONNECTED:

Scaleocity Works - https://www.scaleocityworks.com/

🚀READY TO HIRE EMPLOYEE # 1 and accelerate your success in building your high-performing team? Join the Entrepreneur to Employer Membership - https://bit.ly/3gd5hoM

📳Want to get in touch? Email me at brianm@scaleocityworks.com 

💻Join our FREE Entrepreneur to Employer Facebook  Group  - https://bit.ly/3FYbKhW

❓Have a question/ Submit your question and have it answered live on the show! Submit your question for FAQ Friday - https://bit.ly/48tCfIi




As a business coach, there are 6 critical mistakes that I see founders and business owners make.

If you nod in agonized agreement to the points below, you’re in a prison cell that many entrepreneurs the world over find themselves in:

  • Working endless hours without scaling new heights...
  • Working harder to make even less...
  • Lying awake, agonizing about your superior competitors...
  • Spending more time doused in frustration than sipping the champagne of success...
  • Always on the hunt for fresh strategies and new customers...
  • Drowning in staff issues when you’d rather focus on business growth…

To help you overcome these 6 critical mistakes, I have written the Six Silver Bullets e-book to guide you through the process. Implementing these Six Silver Bullets are Six Surprisingly Simple and Effective Strategies Smart Entrepreneurs Use to Gain Control of Their Time, Team, and Money and Grow Their Business Profits Fast!

This eBook isn’t just another business manual. It’s your ticket to scaling peaks you’ve only dreamt of. Implementing these strategies isn't optional—it’s a must.

Download your FREE copy today!

https://hub.scaleocityworks.com/ebook