While other new hires needed an average of five months to get up to speed, the frequent job switchers needed just two months.
THE NEWS: Frequent job‑hopping hedge‑fund managers reached full productivity in just two months, compared with an average of five months for other new hires, according to a study of 8,700 managers.
DETAILS:
WHY IT MATTERS: The findings suggest that hiring bias against frequent job‑hoppers may cause firms to miss candidates with rapid‑adaptation abilities, a potentially valuable asset for fast‑moving sectors like hedge‑fund management.
FAQ
Do frequent job‑hoppers adapt faster than other new hires?
Yes. The study found they reached full productivity in two months, whereas other new hires took an average of five months, indicating a three‑month advantage in speed of adaptation.
How many hedge‑fund managers were analyzed in the research?
The study examined a sample of 8,700 hedge‑fund managers to assess the impact of job‑hopping on performance speed.
What evidence shows that frequent job‑hoppers perform better initially?
Researchers observed that frequent job‑hoppers not only ramped up faster but also suffered smaller initial performance dips, as measured by the money they earned when starting new positions
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