Updating field when new records saved.

Hi,
I was wondering if there are any suggestions on updating a picklist field when a new record is saved (as field updates only work for modified records).
We recently created a custom Probability % field that is tied to both the Sales Stage and another custom picklist field called "Business Type" (has two options - New or Existing). The Probability % field is updated based on a simple workflow that says if Sales Stage = x and Business Type = y, then Probability % = z.
For example, if the Sales Stage is = to "Validation" and the Business Type is = to "New", the Prob. % will be 5. If the Sales Stage is = to "Validation" and the Business Type is = to "Existing", the Prob. % will be 10... (just so you get the idea).
Since the workflow is tied to modified records, the new records keep missing the Probability % field.
Any suggestions on how we can get those newly created records have an updated Prob. % field would be helpful.
Thanks in advance!

Thanks for the response, Min.
1) I've thought about the post default value, but the problem we encounter is that the user might not create an Opportunity in the very first sales stage- is there a way to place a default in the Prob. % field depending on the sales stage the record is created with?
2) I thought fields could only be updated when modified records saved - it isn't an option with the "new record is saved". Is there a workaround? I'm still quite new at this, so any help on how I can create a workaround would be great!
Thanks again.

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