# New Employee Retention Stats A Bamboo Infographic Explains the Secrets to Retaining New Hires By Alyson Wyers | Published 2014-05-01 | Business Source: Trend Hunter, https://www.trendhunter.com/trends/retaining-new-hires References: [fastcompany](http://www.fastcompany.com/3029820/work-smart/infographic-the-real-ways-to-hold-on-to-new-hires) & [bamboohr](http://www.bamboohr.com/blog/wp-content/uploads/2014/04/BambooHR-Onboarding-Infographic.png) This infographic from Bamboo offers a visual explanation for retaining new hires. Recent research from the [human resources software company](https://www.trendhunter.com/trends/firsthr) 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](https://www.trendhunter.com/trends/lively-ai) 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](https://www.trendhunter.com/trends/zavvy) and a review of company policies. Onboarding should also last more than one week, ideally 30 days. ## Trend Insights (Trend Hunter) - Score: 4.6/10 - Popularity: 54% | Activity: 76% | Freshness: 8% - Audience gender: 50% men, 50% women - Primary generations: Millennial, Gen X - Top markets: North America, Europe ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Business](https://www.trendhunter.com/business) ## Key Themes ### What's Driving This Trend - **Improved Onboarding Process:** Leverage the importance of a good onboarding process to retain employees, aiming for more than a week-long orientation period. - **Continuous Learning and Development:** Invest in on-the-job training for new hires, enabling continuous learning and development in their role and the organization. - **People Analytics for Employee Retention:** Use people analytics to identify reasons for employee turnover and improve retention strategies accordingly. ### Who This Affects Most - **Human Resources:** Human resource companies can improve their technology to offer better onboarding program solutions for clients, now requiring more than a week-long orientation period. - **Learning and Development:** Learning and development companies can provide tailored programs for on-the-job training that meet the needs of both the employee and the organization. - **Data and Analytics:** Data and analytics companies can offer software and consulting services to help organizations measure employee turnover and identify areas for improved retention strategies. ## Related on Trend Hunter - [Employee Onboarding Platforms](https://www.trendhunter.com/trends/onboardme-today.md) - [Interactive Onboarding Tools](https://www.trendhunter.com/trends/getaboard.md) - [Innovative Hospitality Recruitment Approaches](https://www.trendhunter.com/trends/hospitality-recruitment.md) - [Employee Engagement Tools](https://www.trendhunter.com/trends/triibe.md) - [Workforce Enablement Tools](https://www.trendhunter.com/trends/silo-team.md) - [People Analytics Platforms](https://www.trendhunter.com/trends/beyobie.md) - [Employee Recognition Platforms](https://www.trendhunter.com/trends/beams-employee-engagement-platform.md) - [Interactive Onboarding Tools](https://www.trendhunter.com/trends/quickhints.md) - [Hospitality Training Assistants](https://www.trendhunter.com/trends/pink-coconuts.md)