Why 48% of new hires fail within 18 months

20 Oct

Remember when you were in high school or college, and part of prepping for “the big test” was always trying to “psych out” what questions were likely to be on the exam?  The successful candidate for a new job has to go through much the same process.

What are hiring managers hoping to find out about you – the person – in an employment interview? These days, they are being coached to go well beyond the standard questions like, “Tell me about yourself” or “Tell me about a time when you…”  Success in both getting and keeping a job requires that you gain an understanding of your potential employer’s underlying needs and concerns.

Hiring managers are themselves often no less anxious than candidates going into an employment.  After all, filling open positions is part of their job, and their performance reviews will include a discussion about the outcomes of their hiring decisions.  How many stay with the company?  How many bolt at the first opportunity?  How many have adequate technical skills to perform their job, but just don’t “fit” with the corporate culture?

Leadership IQ conducted a study that found that 46% of all new hires will fail within the first 18 months (reported in Fortune, HR Executive, Industry Week, and more).  That’s pretty daunting!  Why?  Deeper in the study, they suggest that 89% of the time people fail in their new jobs for “Attitudinal reasons”. Leadership IQ is teaching their clients that issues like Coachability, Emotional Intelligence and Temperament determine whether new hires will succeed or fail. See what they are saying to employers:  http://tinyurl.com/23g8xza

As a jobhunter, you can benefit from this knowledge by peering through the other end of the looking glass.  Ask yourself questions in each of these areas:

1.       How coachable are you? Do you come into new work environments eager to do things the same way you’ve always done them, or do you seek to learn the systems and methods of your new employer?  Do you seek out constructive criticism of your work? Are you coachable?

2.       How do people see you as a person?  Do you project a sense of maturity and experience, whatever your age or background?  How do you handle stress and conflict in the workplace?  Are you the kind of person people want to be around, or is your manner off-putting?  Do you get riled up easily, or can you “keep your cool” when things aren’t going the way you think you should?

3.       What is your attitude toward getting a new job?  And, what will your attitude be toward the work and those around you if you do get the job?

Before you go into your next job interview, come prepared with stories that demonstrate both your competence AND your attitude.  Employers are looking for both! Don’t be one of those 46% of new hires that wash out during the first 18 months.

What do you think?  Please post your comments, below.

Happy Hunting!

Arnie Fertig

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: