New Hire Drop Out Rate

From StatWiki

"46% of rookies wash out [quit, are fired, are laid off, etc.] in the first 18 months [of their employment], found Leadership IQ, a training firm that studied 20,000 newly hired employees over three years."

"53% of managers and executives brought on board from outside are gone within a year, according HR consultants Development Dimensions International."

[edit] Source

An article in CNNMoney.com entitled "Fatal mistakes when starting a new job", published June 2, 2006. The studies that the article referenced are included in the quotations above.