Over on CNN.com, Fortune Magazine writer Anne Fisher cites some scary stats about the failure rate for new hires at all levels in organisations – and explores what you can do to ensure you survive that crucial first year.
About one-quarter of all new hires won't make it through their first year, according to research from the Employment Policy Foundation. And that may be a conservative estimate: Almost half - 46% - of rookies wash out in the first 18 months, found Leadership IQ, a training firm that studied 20,000 newly hired employees over three years.
These dire numbers don't just apply to the lowly rank and file. In fact, other studies suggest that the higher up in an organization you climb, the more likely you are to fail. Indeed, 53% of managers and executives brought on board from outside are gone within a year, according HR consultants Development Dimensions International.