How to calculate and reduce new hire turnover rate

After weeks of sourcing and interviewing candidates, you finally land your perfect hire. Everything seems in place. Fast-forward to a month later. Your seemingly perfect hire is leaving and you need to start recruiting all over again. This awkward situation is called new hire turnover.

What went wrong?

New hire turnover is common. About 20% of employees leave within their first 45 days of…

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