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Here’s something most recruiting firms won’t want to talk about. And many companies won’t want to admit: people bailing on jobs early has skyrocketed.
👉People leaving jobs in the first 90 days DOUBLED from Q2 to Q3 this year.
Taking it back a notch: our data went from just under 1% to 2%. Still small numbers. But significant as until now it’s always hovered at that ~1% level.
We’re also hearing of similar increases around the industry. Everyone's in the same boat.
Why?
👉1. The market is hot. And when some people start new jobs, they don’t stop receiving calls. ‘Better’ things keep coming along.
There’s nothing you can do about that.
👉2. Remote hiring is a double edged sword. It’s easier to find talent. But it’s harder to recognize when onboarding misses the mark.
What can you do?
👉1. Survey your new hires to get feedback on your onboarding process.
We did this ourselves. You WILL find out things about your process that you didn’t know. Things that fell flat, ideas for improvement, etc.
Your team is smart. That's why you hired them.
👉2. Follow through. Take action.
As an example, we’re currently creating a more formalized mentoring program. In our in-office days, mentoring was more organic and informal. But as we're all remote, a lot of that natural interaction isn't happening the same way.
Your newest members will undoubtedly have great ideas for improvements. All you have to do is ask.
You can follow me on LinkedIn here. Join the discussion on this LinkedIn post (or give it a 👍) here.