Tag Archives: New-hire turnover

Recruiting Candidates Who Put Money First May Result in Early Turnover

Do you work in an organization where increasing an employee’s pay for retention purposes isn’t a realistic option? Whenever you hire someone who is driven by money, you are setting yourself up for future turnover failure. Money-focused hires are likely to immediately quit when they are offered even slightly more money from another firm. Salary is the No. 1 reason …

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Develop A Process For Limiting Early New-Hire Turnover

Early new-hire turnover is one of the most frustrating (40 percent of new hires leave within six months) and expensive (the cost of losing a new hire is at least three times their salary) aspects of recruiting. Yes, it’s true that all forms of turnover are now a major business issue. In fact, a recent Bersin by Deloitte global executive …

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