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The Great Start That Never Was
When Anushka landed her dream job at a fast-paced marketing firm, she was thrilled. The pay was competitive, the office was sleek, and the company promised a vibrant culture. But within just two months, Sarah was updating her résumé again. Why? The onboarding process was chaotic, her manager was distant, and the work environment didn’t align with the values promised during the interviews.
Anushka's story isn’t unique. In fact, nearly 30% of new hires leave their jobs within the first 90 days, according to a study by Forbes. This staggering statistic is a wake-up call for employers and a reminder of the significant costs and challenges associated with turnover.
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The Scope of the Problem
The high turnover rate in the first three months isn’t just anecdotal. Research consistently shows the challenges organizations face in retaining new hires:
Jobvite (2023): Reports that nearly 1 in 3 new hires quit within 90 days, primarily due to unmet expectations, lack of support, and cultural mismatches.
Work Institute Retention Report (2022): Turnover costs companies about 33% of the departing employee’s annual salary, meaning early departures are a significant financial burden.
BambooHR Study (2023): Revealed that 31% of employees left because their day-to-day role differed from job descriptions, while 15% left for better offers shortly after joining.
Why New Hires Leave So Quickly
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Several factors drive early turnover, and understanding them is critical for crafting solutions.
Misaligned Expectations
During recruitment, companies often present an idealized version of the job and workplace. When reality doesn’t match, new hires feel deceived.
Statistic: According to BambooHR, 23% of new hires leave because the role or work environment wasn’t what they expected.
Ineffective Onboarding
A weak or disorganized onboarding process can make employees feel undervalued or unsupported. Proper onboarding builds confidence and helps integrate new hires into the team.
Statistic: Gallup found that 88% of employees say their organization did not do a great job onboarding, contributing to dissatisfaction and disengagement.
Lack of Managerial Support
Managers play a pivotal role in an employee’s early experience. A hands-off or overly critical manager can push employees to leave.
Insight: LinkedIn research highlights that 70% of variance in team engagement is directly linked to managers.
Cultural Misfit
Cultural alignment is crucial for job satisfaction. When employees don’t feel connected to the company’s values or work style, they are less likely to stay.
Attractive External Opportunities
In a competitive job market, employees may receive better offers even after accepting a new role.
Statistic: The Society for Human Resource Management (SHRM) found that 29% of employees who leave early cite external opportunities as a primary reason.
The Cost of Early Turnover
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High turnover within the first 90 days has significant consequences for businesses:
Financial Loss: The Work Institute estimates that replacing a salaried employee costs about 33% of their annual salary. This includes hiring, training, and productivity losses.
Productivity Decline: It often takes 6–12 months for a new hire to become fully productive. Early departures disrupt workflows and delay project timelines.
Impact on Morale: High turnover rates can demoralize existing staff, leading to lower engagement and retention.
How MyJobFactory Can Help Prevent Early Turnover
Early turnover is a significant challenge for organizations, but AI-powered platforms like MyJobFactory offer innovative solutions to address this issue. As a programmatic employer branding platform, MyJobFactory leverages technology to create stronger connections between employers and candidates, ensuring a better cultural fit, transparent communication, and improved retention rates.
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Here’s how MyJobFactory can play a pivotal role in preventing early turnover:
1. Enhancing Employer Branding for Transparent Expectations
One of the leading causes of early turnover is the misalignment of expectations between new hires and employers. MyJobFactory ensures your company communicates an authentic and compelling employer brand through:
AI-Driven Insights: Using data to highlight the most appealing aspects of your workplace, such as values, culture, and perks.
Personalized Campaigns: Customizing branding efforts to resonate with target candidates, showcasing what it’s like to work at your organization.
Multichannel Reach: Delivering consistent employer branding messages across multiple platforms to engage candidates at every touchpoint.
Impact: When candidates clearly understand the company culture and role expectations before joining, they are more likely to remain satisfied and committed.
2. Improving Candidate-Job Fit Through AI
MyJobFactory uses AI to match candidates with roles where they are most likely to thrive. This precision reduces the likelihood of hiring someone who may feel mismatched. Key features include:
Data-Driven Assessments: Analyzing candidate profiles, skills, and preferences to ensure alignment with job requirements and company culture.
Predictive Analytics: Forecasting a candidate's likelihood of success and satisfaction in a role based on historical data.
Impact: By ensuring a strong fit between candidates and employers, MyJobFactory helps eliminate one of the root causes of early turnover.
3. Streamlining Onboarding Communication
Onboarding is a critical period for new hires. MyJobFactory can support this process by:
Automating Onboarding Campaigns: Sending personalized, timely information to new hires, such as training resources, role expectations, and team introductions.
Surveying New Hires: Collecting feedback during the onboarding process to identify and address concerns early.
Impact: A seamless onboarding experience makes new hires feel supported and prepared, reducing the chances of early departure.
4. Continuous Engagement with New Hires
Employee engagement is key to retention, especially during the critical first 90 days. MyJobFactory enables continuous engagement through:
Programmatic Communication: Delivering personalized messages, recognition, and updates to new hires during their early days.
AI-Driven Sentiment Analysis: Monitoring feedback and sentiment from employees to detect early signs of disengagement.
Impact: Proactive engagement helps address dissatisfaction before it leads to turnover.
5. Real-Time Feedback and Insights
Understanding why employees leave is essential to reducing turnover. MyJobFactory provides tools for real-time analysis of turnover trends, including:
Exit Surveys and Insights: Identifying patterns and reasons for early departures.
Retention Analytics: Offering actionable recommendations to improve retention strategies based on AI analysis.
Impact: With data-driven insights, employers can make informed adjustments to their hiring, onboarding, and engagement strategies.
6. Employer Branding That Evolves with Feedback
As employee expectations shift, so must employer branding efforts. MyJobFactory ensures your branding evolves by:
Monitoring Market Trends: Using AI to track industry benchmarks and competitors.
Adapting Messaging: Refining employer branding based on employee feedback and retention metrics.
Impact: Staying aligned with employee expectations strengthens long-term retention.
Conclusion
MyJobFactory goes beyond traditional employer branding by integrating AI-driven insights, predictive analytics, and programmatic campaigns to address the root causes of early turnover. From enhancing transparency to ensuring cultural alignment and fostering continuous engagement, MyJobFactory empowers organizations to build stronger, more satisfied teams.
With MyJobFactory as part of your retention strategy, you can significantly reduce early turnover and create a workplace where new hires not only stay—but thrive.
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