05 Dec What is Stay Interview Software?
A high rate of employee turnover can negatively impact business in many ways. Constantly needing to hire and re-train employees damages morale, distracts from the core business mission and hurts your revenue. Many business owners ask themselves how to best retain employees. One useful tool that HR departments may want to consider is stay interview software. This software is both innovative and cost-effective, helping to implement a complete Stay Interview program.
How does a Stay Interview program work?
Stay Interview Software is an application that not only helps managers be aware of employee issues and risks, it can also help to formulate and implement a plan of action aimed at employee retention. Additionally, it assists in translating the very real metrics of human capital into financial terms. This further reinforces the importance of retaining talented employees. It increases accountability through the ranks, ensuring that both employees and managers are fully committed to success.
What are the benefits to using a Stay Interview Process?
This software not only delivers the benefits associated with employee retention, it also helps to develop management skills. It's no secret that employee satisfaction is directly related to a positive supervisory relationship. The more engaged and valued an employee feels by his/her supervisor, the more likely he/she is to stay with the company. The stay interview process can help your managers identify top-performing employees. It can also be utilized to develop a custom plan of action to encourage retention. The software is easily integrated within your current HRIS, allowing seamless implementation.
How will a Stay Interview System give your business the competitive edge that it needs?
High Impact Stay Interviews give your managers the proper tools they need to foster optimally beneficial employee interactions. By utilizing a stay interview system, you send a message to your employees that they are precious, and that you are willing to invest in their potential. All employees earnestly hope to work in an environment of integrity, honesty and open communication. With stay interviews, you are implementing a proven system that opens dialogue and contributes to a team-oriented corporate ethos.
If you are looking for a competitive edge over other companies, this easily integrated and structured process may be just what you need in order to give your business the retention and success it has been looking for.
HRsoft – The Stay Interview System Leader
HRsoft is a leading provider of stay interview and employee retention software for mid to large sized companies in North America. To learn more about our Stay Interview System, STAYview™, visit us at http://hrsoft.com.