The stats are out, and they’re not pretty. Around 40% of folks who just clocked in under six months are eyeing the exit within the next year, a report by Qualtrics revealed. That’s a 6% leap from last year’s numbers. Newbies aren’t feeling the love, and it’s causing the walkouts. But there’s hope, read on to find out more.
What’s Fueling This Exodus?
It’s simple: The newbies aren’t feeling the love after landing the gig, hence resulting in the walkouts. Despite HR putting in the sweat to woo them in, there’s a gap when it comes to onboarding. It’s like inviting someone to a party but not showing them around. The study pointed out the misconception: “HR assumed once they’re in, they’re in for good.” But in today’s job market, employees are always eyeing the exits, especially after the chaos of layoffs.
The fix is to focus on balance because that is key. HR leaders need to balance their efforts—dividing attention between recruitment and retention. It’s not just about getting them in; it’s about keeping them happy for at least six months, ideally a year. It’s more than just job training. It has been stressed the need for fostering team bonds. Whether in-person or remote, making sure that newbies gel with their crew is key to making them stay.
The main advice from leaders is to not just stop at job training; sprinkle in team-building magic. For remote setups, a dash of in-person experiences can work wonders, as suggested.
The crux of it all? Bridging the gap between hiring and settling in is crucial. HR needs to pull out all the stops to make the first year—or at least those initial six months—a sweet ride for the newbies. After all, ensuring that companies do not lose employees and fall into a never-ending loop of recruitment is crucial.
