A stay interview is a one-on-one conversation between a manager and a current employee to learn what keeps them at the company and what might make them leave.

A stay interview is a planned, informal conversation between a manager and someone on their team. The goal is to find out what the person likes about their job, what frustrates them and what could make them think about leaving.
It is the opposite of an exit interview. Instead of asking why someone left, you ask why they stay, while there is still time to act.
By the time someone resigns, it is usually too late to fix the problem. Stay interviews bring issues up early, such as a lack of growth, a heavy workload or a frustrating process, so you can deal with them before they turn into employee turnover.
They also show people that their manager cares about their future, which builds trust on its own.
Stay interviews are also cheap. They need no software budget and no outside consultant, only a manager, a quiet room and half an hour. Compared with the time and money it takes to hire and train a replacement, that is a small investment. HR teams can use the notes, with care for privacy, to find common themes and decide where to focus first.
Most stay interviews follow a simple pattern:
Example: during a stay interview, a strong developer says she enjoys her team but feels stuck doing the same kind of work. Her manager speaks with another team lead, and two months later she joins a new project through an internal move instead of looking outside.
A stay interview happens while the person still works for you, so you can act on what you learn. An exit interview happens when they are leaving and mostly helps you learn for next time. Using both gives you the full picture: why people stay and why they go.
Once or twice a year per employee works for most teams. Many companies also hold one around the end of the first year, when a lot of people start to think about their next step.
Usually the direct manager, because they can act on what they hear. If trust is low, an HR partner or a more senior manager can run it instead. What matters most is that the person running it has the power to follow up.


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