Keep hold of your new talent!
If you work within HR, you have probably heard of “new starter turnover”
If you work within HR, you have probably heard of “new starter turnover” – it’s the number of employees who leave an organisation soon after joining, usually within their first year.
Industry studies show that at least 20% of employees leave within the first 45 days of starting a new job. But what can you and your organisation do to prevent your new talent from leaving so soon?
By analysing the engagement levels of your new starters, you can quickly and easily identify whether you need to:
- Improve your onboarding and probationary processes
- Increase the quality of your ongoing coaching with frequent one-to-ones
- Explore the possibility of introducing mentors for new starters
This guide looks at how harnessing the power of a holistic approach to performance management will not just lower the turnover of your new starters, but also reduce your unplanned absence rates and boost productivity.