The Boston-based consultant found that a little more than half (54%) of employers lose less than 10% of their new hires within year one; 11% of companies suffer a 25% to 50% loss of workers within that time.
Following unreasonable job expectations, other reasons for leaving a job within the first years include:
- Failure to grasp “how things get done” in an organization, 39%;
- Poor communications with an immediate supervisor, 33%;
- Failure to develop a sense of belonging and purpose, 26%;
- Inadequate technical skills, 23%;
- Not understanding the link between the job and organization goals, 21%;
- Failure to connect with key employees, 18%;
- Inability to establish trust and credibility quickly, 13%; and
- Poor people skills, 13%.
“Because there’s no reliable baseline data we don’t know for sure if the findings mark a trend or whether first-year departures have been a pressing problem for a long time. But we think they’re a not a new issue,” said Tim Vigue, a consultant for Novations, in the release. He further noted that the frequent worker turnover might be a result of not enough time spent on deciding whether new hires are a good fit to begin with.
The survey included responses from 2,046 senior human resources and development executives.