Saturday, January 4, 2020
Game Over Why Your New Hires Want to Quit...Already - Spark Hire
Game Over Why Your New Hires Want to Quit...Already - Spark HireNew hires. That phrase, today, is a conundrum. When a new hire starts, it is assumed that he or she will be sticking around for a while. They are, after all, new. Shouldnt they give their recently acquired position a chance?You would think so. However, a recent WorkTrends study revealed that two out of three new hires consider leaving within one year of their hire date. Furthermore, this study found out what keeps new employees happy as well as what pushes them awayEmployee turnover rates decreased when new hires were given the basic training they needed to function in their new position.New hires feel that employee training and potential career growth are most important when starting a new job.Two out of every five employees are not receiving the basic training they need when starting a new position.Managers are distant from the basic training processing, believing their new hires are getting the orientation they need w hen they are, in fact, not.New employees feel that if there is no chance of fulfilling their career goals at their new workplace, they are 12 times more likely to leave.So how can you expect to keep these new hires for more than a year, and hopefully, for much longer?Invest in basic training for new hires. This is crucial. Not only are you investing in the new employees youre investing in the future and success of your company. When employees have the basic skill set that they need to effectively work in their new position, they have the confidence and know-how to perform to their highest potential.With that the WorkTrends study revealed that the turnover rate decreased from 34% to 15% when new hire orientation included basic training. Additionally, new hires felt more invested in their new position when they received clear performance goals and feedback along with basic training.Working toward this end with new hires also helps every level of the business. The survey stated that mo st managers believed their new hires were receiving basic training when they actually were not. With more investment in basic training, managers are able to run a tighter ship, trusting that their new hires are efficient and effective contributors to the team.Create clear career growth paths and expectations for employees. Lets face it, no new hire wants to start a job and soon find that its a dead end. New employees want to start a new job and see and experience the potential it has to offer for their long-term career.If there is potential for growth in your company, make it evident. Provide clear cut paths for personal and professional growth by setting expectations, providing challenging assignments and rewarding valuable employees with promotions. Its just one more way to invest in your new hires, making them much more likely to stick it out until theyre a valuable member of the team.Do you know what it takes to keep new employees happy? What would you do if your newest hire sud denly wanted to quit? Leave a response belowIMAGE Courtesy of Flickr byGigi Ibrahim
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