Despite 73% of new starters feeling 'delighted' with their new jobs this does not indicate their intention to pursue a long lasting career at their new organisation.
- 30% of new starters plan to leave their job within the first 12 months
- 58% of new starters don't intent to stay longer than 3 years
- 53% of managers expect their new recruits to leave within 3 years
Our research shows that employers and their new starters are, on the whole, benefiting from what is being seen as a honeymoon period, where delight with the job is very high. The way to retain this new talent is to maintain that feeling of delight and ensure steps are in place so neither one of you lose that loving feeling.
We have identified factors to help address the issue of short-termism in the workplace. Amongst our recommendations is encouragement to help new starters feel a sense of immediate productivity and skill utilisation and access to their line managers.
Investment in new staff will yield a return when leaders and managers appreciate how early that intent to leave may develop. Essentially the advice is, once you’ve got them, don’t let them leave.