Why Are They Just as Important as an Exit Interview?

How Do You Do a Stay Interview and Why Are They Just as Important as an Exit Interview? 

Most organisations wait until an employee is leaving to find out what would have kept them. 

Exit interviews have become a standard practice, with HR diligently documenting reasons for departure after resignation letters are submitted. But this approach is fundamentally flawed—it’s like installing smoke alarms after the house has already burned down. The critical insights that could have prevented the departure remain uncollected until they’re no longer actionable. 

The Costly Consequences of Reactive Listening 

When organisations rely solely on exit interviews: 

  • Preventable departures occur because warning signs went unnoticed or unaddressed 
  • Valuable institutional knowledge walks out the door before transfer plans can be developed 
  • Similar issues affect multiple team members but aren’t identified until a critical mass leaves 
  • Organisations make retention investments based on assumptions rather than actual employee needs 
  • Teams experience repeated disruption as they cycle through “fix it” initiatives that miss the mark 

The result is an endless cycle of reactive intervention that costs more and delivers less than proactive retention strategies. 

The Transformative Impact of Stay Interviews 

Organisations that implement effective stay interview programs create fundamentally different outcomes: 

  • Retention risks are identified months or years before resignations occur 
  • Employees feel genuinely heard and valued, strengthening organisational commitment 
  • Leaders develop deeper insight into the unique motivations of their team members 
  • Small issues are addressed before they become resignation-worthy problems 
  • Retention strategies become precisely targeted to actual employee priorities 

These organisations don’t just reduce turnover—they build cultures where employees feel a sense of agency in shaping their work experience. 

Implementing an Effective Stay Interview Program 

To integrate stay interviews into your retention strategy: 

  1. Train managers on effective interview techniques. Provide a structured framework with open-ended questions that reveal genuine retention drivers, not just surface-level satisfaction. 
  1. Create psychological safety by separating stay interviews from performance reviews. Position them as development-focused conversations rather than evaluations. 
  1. Develop a consistent cadence, conducting stay interviews at least quarterly with high-value talent and bi-annually with all employees. 
  1. Ask the right questions:  
  • “What would make your next workday better than your last one?” 
  • “What work are you doing when you lose track of time?” 
  • “What would tempt you to take a call from a recruiter?” 
  • “How would you design your ideal role here?” 
  • “What’s one thing we should change immediately to improve your experience?” 
  1. Close the loop by taking visible action on insights gathered and communicating progress back to employees. 

Stay interviews aren’t just conversation starters—they’re retention tools that demonstrate genuine investment in employee growth and satisfaction before it’s too late. 

The most valuable feedback you’ll ever receive comes from employees who are still committed enough to help you improve. Why wait until their resignation letter to start listening? 

At BespokeHR, we help businesses like yours implement practical, people-first solutions that drive engagement and reduce turnover. From designing stay interview frameworks to coaching leaders and improving employee experience, our team has you covered.

Let’s talk about how we can support your team—book a discovery call with us today.