The majority of new hires decide whether a company is a good fit after just one month of employment, a new study conducted by BambooHR, a Utah-based technology company, found.
Many workers make the determination even faster, with 34% of employees reporting that they knew if a job was the right fit after just one week. First impressions matter, and the onboarding process is a critical time to make a positive impact on new hires.
BambooHR found that on average, employers have about 44 days to influence a new hire and ensure high, long-term retention rates. Over one-third of employees say that they've had regrets or second thoughts about accepting their job offer within the first week of employment, BambooHR found.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.