New college hires don’t last more than a year: Survey

College Graduates By Kit from Pittsburgh, USA

Businesses don’t have much faith that recent college hires will stick around for very long, a new survey finds.

Based on experiences, 77 percent of businesses expect a recent graduate hire to stay less than a year.

The survey was conducted by Express Employment Professionals-which polled 115 of its franchise outlets across the U.S. on how long employers observed their new hires staying on the job.

“The results show a couple of trends that we’ve seen for years,” said Bob Funk, CEO of Express and a former chairman of the Federal Reserve Bank of Kansas City.

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