A Right Management survey of recent college graduates indicates that 61% of responents plan to stay with their first employer less than 3 years.  Another 16% expected to keep up this job-changing trend throughout their careers while another 50% expect to change jobs at least every four to five years.

Because of the large cost for recrutiment, and the additional costs turnover causes an organization, it is essential for organizations to understand this underlying perspective as these new hires are absorbed into your company.  Look at your current hiring practices.  Are prospects screened based on such things as company culture and loyalty?  What is your organization offering to encourage young employees to want to stay with the organization longer? 

Look at the current induction program for new hires.  How are they made to feel part of the organization?  Do they meet at least one person in each department or functional area to help them feel more comfortable joining the organization?  How quickly are they given meaningful assignments?

People want to feel they are an important part of your organization.  Help them develop the connections to get things done, and then give them meaningful things to do.  These two simple steps may help you keep new hires longer, and reduce that turnover and recruiting expense.