One of recruiting’s secrets is that 46% of new hires fail within 18 months. It’s a shocking statistic that was first reported in 2005 by the leadership training and employee engagement firm Leadership IQ. It’s been confirmed by multiple studies, including several that broke new hires down by type and level of responsibility.
Dr. John Sullivan, professor of human relations and a recruiting advisor to many of the largest companies in the world, reported that these studies found:
50% of hourly new hires quit or are fired in their first six months Between 40% and 60% of management new