One in 4 New Hires Ends up Quitting in Less Than 1 Year

      June 07, 2016 10:49

      One in four new employees lasts less than a year in the job, according to a recent survey of 306 companies nationwide by the Korea Employers Federation.

      The survey found that 27.7 percent of new hires quit within a year, up from 23.6 percent in 2012 and 25.2 percent in 2014.

      The proportion was 32.5 percent or nearly one-third at small and mid-sized companies with fewer than 300 workers, compared to just 9.4 percent in big companies.

      The biggest reason for quitting was failure to adjust to working conditions with 49.1 percent, up 1.5 percentage points from 2014. Next was dissatisfaction with pay and welfare (20 percent) and inconvenient location and unpleasant working environment (15.9 percent).

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