"The stay interview supports retention and engagement by showing employees you care about them and their needs," says Calvin Sun. (Credit: FS Stock/Shutterstock.com)
Keeping the talent pipeline full is shaping up to be one the most pressing issues for employers and their HR departments this year. Labor shortages are impacting industries of all types all across the country. One way to help ease the burden is to minimize the rate of resignations by existing employees. Not only does this reduce the number of open positions that need filling, but cuts back on onboarding, training and other administrative tasks associated with new hires.
Calvin Sun senior director of compensation, benefits and talent analytics for Paylocity So how can companies stem the outflow of valuable talent? Reports highlight everything from increased wages to flexibility and remote work. And while these are overall good strategies, each individual employee is seeking something different. And the best way to find out what that is is simply to ask them.
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Emily Payne
Emily Payne is director, content analytics for ALM's Business & Finance Markets and former managing editor for BenefitsPRO. A Wisconsin native, she has spent the past decade writing and editing for various athletic and fitness publications. She holds an English degree and Business certificate from the University of Wisconsin.
