Stay Interview is an interview between a manager and an employee to retain the employee by understanding their opinions, perceptions, and needs.

In a Stay Interview, employees will be asked about what they like and dislike about their job, what they feel can be improved, the challenges they are facing, and how to develop their careers within the company.

Example

A company wants to retain its current employees by conducting a Stay Interview to understand their desires and needs. As a result, the company has implemented measures to improve the working environment, train and develop employees' skills, and provide better benefits.