What is On-Boarding?
Intelligent recruiting means more than just selecting the right candidates for the job. Without a thorough on-boarding process, new hires are left disengaged or overwhelmed, often leading to early resignation.
However, when new team members undergo a structured and thorough introduction, huge increases in employee retention, engagement and productivity are seen.
Companies that leave on-boarding to chance experience average failure rates of 50% when it comes to retaining new talent.
Improving Your On-Boarding Process
Why You Need Better On-Boarding
Research has estimated that U.S. and U.K. employees cost businesses around £30 billion every year because they do not fully understand their job roles.
The Benefits of Good On-Boarding?
Good on-boarding reduces the costs of learning on the job as employees will have a clear idea of their responsibilities from the outset. It saves co-workers and supervisors valuable time training the new employee, meaning a more productive workforce.
A good on-boarding programme can increase employee morale and reduce turnover of staff by making employees feel valued, saving your company valuable time and money in the long term.