Love Them Don't Lose Them: Keeping Good People with Stay Interviews

In today’s dynamic job marketplace, employees have multiple options for where to work. As a result, employers need to understand not only how to recruit the best candidates, but also how to retain their best employees.

If you’re relying on standard benefits, employee perks, and exit interviews to engage your employees, then you’re missing a key component of a robust talent management program. And you’re probably needlessly spending precious capital recruiting replacement employees.

Stay interviews can reveal essential information and direction needed to retain the very best and brightest in your company. Structured for the mutual benefits of both the employee and the company, these interviews can help to reduce turnover costs, increase engagement and performance of employees, and increase organizational performance as well.

This course will cover the benefits and principle components of an effective retention strategy with special emphasis on stay interviews.

Why Should You Attend?

If you’ve ever found yourself dumbfounded by high performing/high potential employees handing in letters of resignation seemingly “out of the blue,” then it’s time to get real.

Today’s high-performing employees want and need a job that resonates with their values, practical needs, opportunities to contribute, and desires for professional growth and development. If they feel disconnected from their employees, managers, and work, they start to look elsewhere to build their resumes. But it doesn’t have to be this way if you provide a way for them to communicate their impressions and insights to you.

You have a powerful tool at your fingertips to help you identify the primary factors that excite, engage, and empower your best employees. With this course, you will learn about “stay interviews” and how they can be used to retain your most desirable employees. By taking a proactive approach that engages both you and your employees, you will identify valuable information to set a path for intentional employee retention. By reducing unwanted attrition in your workforce, you’ll be able to reduce hiring/replacement costs and maximize continuity in your team.

This course is designed to give you the practical information you need to understand how to create a stay interview process that will help you to retain your best and brightest employees in this competitive hiring market.

Learning Objectives

• Why employee retention is important.
• How to develop a retention strategy that is right for your organization.
• What are the key components of a robust retention strategy.
• How to conduct a stay interview to effectively gather the best information.
• What are the best questions to ask in stay interviews.
• How to keep the momentum going after the stay interview is completed

Who Will Benefit

• Supervisors and managers of people
• Project and team leaders who lead employees
• Mentors of people
• Human resources professionals at all levels

Speaker(s)

Melveen Stevenson MBA, SHRM-SCP, SPHR

Melveen Stevenson is the CEO and founder of M.S.Elemental, LLC, a human resources and business advisory firm based in Los Angeles, California. As a certified HR professional with a background in accounting and finance, she helps companies to navigate the human resources “jungle” of compliance, human capital, and leadership challenges. By using an encompassing business approach, she helps to strengthen the infrastructure of organizations from the inside out, specifically through leadership development, operations, training, employee engagement, and career coaching.
Over the last 17 years, Melveen has held leadership positions in human resources operations, supply chain, and talent management at international companies in food manufacturing, medical products, and consumer products. She has also worked internationally.
Melveen began her career in accounting and international banking. With an inspired desire to support and drive organizational success through human capital, she redirected her career and obtained her MBA at Michigan State University’s Eli Broad Graduate School of Management.

CEUs

The use of this seal confirms that this activity has met HR Certification Institute’s® (HRCI®) criteria for recertification credit pre-approval.

Credits: 1.0

Compliance Prime is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for PDC(s) for the SHRM-CP or SHRM-SCP. For more information about certification or recertification, please visit www.shrmcertification.org

Credits: 1.0

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