External hires receive significantly lowerand higher exit rates during their first two years on the job than do internal hires who are promoted into similar positions, according to a study by professor Matthew Bidwell of the University of Pennsylvania’s Wharton School of Business.
He says it takes about two years for external hires to get up to speed because they need to build new relationships and figure out how best to fit into the new role.
- How to Fire an Employee the Legal Way: 6 Termination Guidelines
- Who says onboarding can't be fun?
- Hiring employees through visa programs? Make sure you consider both sexes
- I-9 issues: To copy or not to copy employee ID documents? (and 4 other I-9 problems that cause employer headaches)
- Your next job: An HR consultant?