According to the video, what percent of entry-level laborers stay at their job for less than 12 months?

Mike AndesFounder, Augusta Lawn Care and Homeworks · Founder of Homeworks and Augusta Lawn Care

Employees are staying less and what you can do about it

11 Mar 2024 · 1 min

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0:39

Mike Andes (YouTube, Mar 11, 2024) highlights high turnover among entry-level workers—citing a BLS finding that 79% of entry-level laborers leave within 12 months—and discusses how businesses can respond. He recommends improving pay, treatment, culture, and benefits to reduce churn, and also simplifying services and refining training so short-term hires become profitable quickly even if they stay only weeks or months.

Questions this video answers

79% (cited to the BLS in the video).

Chapters

Why does no one talk about how often you need to hire people when growing a business? According to the BLS, 79% of entry level laborers will stay at their job for less than 12 months. That means you're going to need to constantly be hiring new team members and obviously want to reduce that churn by paying them better, treating them better, having a great culture, having better benefits. But also, what can you do to make sure that even if they only stay one or two months, you can make them efficient and profitable sooner by simplifying services and refining your training processes. So even if they stay a few weeks, you're already able to make them a profitable member of the team.