Why are so many companies losing employees right after they start?

Is it a matter of having lost motivation or something else? According to a recent report by Entrepreneur, talent turnover is a major issue facing companies across the country right now. However, all is not lost – there are some remedies to keep your new employees happy, engaged, and committed to their new roles.

According to the Entrepreneur report, voluntary turnover rates are expected to approach 20% in 2022. With that number shaking out to one in five employees leaving their role on their own accord, there’s certainly something to take notice of here. The biggest factor at play is the fact that 45% of this voluntary turnover comes from employees who spent less than a year on the job.

Simply put, if you’ve got a revolving door of turnover in your organization, it’ll be difficult to build the kind of culture of positivity that a well-functioning company should have.