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1 minute read

Half of new hires can't hack it — here's why

Jared Bilski
by Jared Bilski
August 7, 2009
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Not exactly the best odds: A new hire has about a fifty/fifty shot at being an utter failure.

That’s what a recent survey of managers from Leadership IQ uncovered.

Almost half — 46% — of new hires fail within their first 18 months on the job.

And personality — not ability or technical proficiency — plays a huge part in the failure for most recruits. According to the study, the top reasons new hires couldn’t hack it were inability to accept feedback (26%) and inability to control emotions (23%).

Check out the chart below for a more-detailed breakdown:

cfodaily_chart58

With most firms’ hiring plans on hiatus for the time being, now’s a great time to sit down with HR and revisit your interview process.

To weed out potentially unstable, volatile employees, many companies use a personality test as part of the overall interview process.

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Resourceful Finance Pro, part of the SuccessFuel Network, provides the latest Finance and employment law news for Finance professionals in the trenches of small-to-medium-sized businesses. Rather than simply regurgitating the day's headlines, Resourceful Finance Pro delivers actionable insights, helping Finance execs understand what Finance trends mean to their business.

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