A Bamboo Infographic Explains the Secrets to Retaining New Hires

By: Alyson Wyers - Published: May 1, 2014 • References: bamboohr & fastcompany
This infographic from Bamboo offers a visual explanation for retaining new hires.

Recent research from the human resources software company demonstrates 31% of new hires quit their job in the first six months while more than 16% quit in their first week. This infographic not only shows the importance of good retention strategy but also highlights human behaviour. The good news is 58% of new employees are likely to stay on with an organization for more than three years if they have a well-structured onboarding program, according to the Wynhurst Group.

Bamboo's number one tip for retaining new hires is on-the-job training and a review of company policies. Onboarding should also last more than one week, ideally 30 days. Stats for New Employee Retention Stats Trending: Older & Warm
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