The first few months of employment are crucial to a new employee's future at a company. Previous research has shown that employee turnover in the first 45 days could reach 20%. That means that 1 out of 5 employees quit within their first month and a half in the new job.
Cultural fit is one of the main building blocks of employee happiness. Not even an above-average salary, free lunches, or other perks can make up for a poor fit between an employee's values and your company culture. In fact, when it comes to attracting and keeping the right people in the long-term, money alone is rarely the main factor.