Friday, July 24, 2015

The Daily Stat from Harvard Business Review

July 24, 2015


Chart of the Week: When People Are Most Likely to Quit a Job


Out of a random sample of 1 million workers, almost 50,000 of them – or between 4% and 5% – quit their jobs around the one-year anniversary mark, according to Entelo, a talent and hiring consultancy. Similar, though less dramatic, spikes also occurred in successive 12-month increments. While this may be a cause for concern among employers, professor and HR expert John Sullivan says that it's the new normal for workers, Amy Gallo reports on HBR.org. Short stints no longer hurt a resume, and as many as 32% of employers expect job-hopping. But by knowing when quitting may be more common, companies can try to prevent people from jumping ship – or competitors can find the ideal times to swoop in with recruiting efforts.


Chart: A Good Time to Quit?


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