New Hire Turnover

What Is New Hire Turnover?

New hire turnover refers to a situation when new employees leave a company soon after they are hired. Usually, employees leaving within the first three months to a year add to this issue. Companies that have a high rate of new hire turnover can have a huge impact on their operational expenses as it's frequent occurrences waste their time and money on recruiting, training, etc.

Why Do New Hires Leave So Quickly?

One big reason is a bad first impression. If new employees don't get proper onboarding, like good training and orientation, they can feel lost and unsupported. They might be confused about what they're supposed to do, and that can lead to them getting discouraged and quitting.

Another issue is when the job isn't what they expected. If the actual work is different from what they were told during the interview, they might feel tricked. Unrealistic workloads or no clear career path for advancement can also make people unhappy.

Sometimes, it's just a bad fit. If a new employee doesn't get along with the company's values, management style, or the general vibe of the workplace, they might not stick around. Feeling left out or unsupported by the team can also make them want to leave.

And, of course, sometimes people get better offers. They might accept a job while waiting for something better to come along. Higher salaries or better benefits at other companies can be tempting.

What Can Companies Do To Stop New Hire Turnover?

Improving onboarding is key. A structured program with a mentor can help new employees feel welcome and integrated into the team. It's also important to be clear about job expectations from the start. Make sure the job description is accurate and reflects what the person will actually be doing.

Creating a positive and supportive work environment is essential. Encourage teamwork and make sure everyone feels included. Offering competitive salaries and benefits is also important. People want to feel like they're being paid fairly and that they have opportunities to grow. Effective HR task management can help streamline these processes.