First impressions count.
Employee onboarding is the key to engaging - and retaining new hires. The first few days of a new hire’s employment can set the stage for future growth. Studies show that nearly 1 in 3 employees decide to stay onboard, or jump ship within their first 30 days of employment. Further Aberdeen surveys show that roughly 86% of new hires decisions to stay with a company long-term is made within the first six months of employment.
Employee onboarding starts the moment your new hire arrives, and it begins to affect your bottom line from that moment, as well. Because onboarding greatly impacts employee retention and employee engagement, an effective onboarding process can reduce costly employee turnover. Conducted correctly, onboarding in your company can also lower processing costs, ensure compliance and attract more top-performers.
A win-win initiative.
Employee onboarding isn’t just crucial for your company, it’s critical in the development of your staff. As your new hires become familiar with your company culture, resources, and their job roles, they’ll build relationships, grow their networks and become high-productivity employees. Done correctly,engaging your employees during their initial onboarding process can also strengthen your talent brand by boosting the confidence and pride of new hires - and can generate higher morale and productivity among your workforce.
WORK INSTITUTE CAN HELP
We would love the opportunity to earn your business. Call us now to schedule your free consultation to discuss your employee onboarding challenges.