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Recent hires are feeling unprepared to fulfill their roles, and it's leading to tension with the existing workforce as their colleagues think they're overpaid, according to new research.

Managers believe the market is "over inflated", with 46% saying they've had to overpay to bring a new person on board, and 40% suggesting the newcomers don't have enough skills or experience for their roles, according to the RMIT Online report, The Salary Trap.

Interestingly, however, a third of managers who changed roles in the past 12 months also agree that they don't feel qualified and might not be able to maintain their current position.

Some 37% are actively looking for another position just months into their new job; even among those who are satisfied, one in five are still actively searching...