With each new hire, set your employees up for success.
The primary goal of employee onboarding is to ensure new hires are welcomed to the company and given the tools, resources and support they need to quickly become effective in their new roles. Building an effective employee onboarding program starts with an analysis of the goals and objectives for the new hire, and a module of information around each.
Minimize the learning curve with a systematic approach.
Employee onboarding checklists should identify all the tasks HR, management and the new hire should complete in order to provide the new employees with a strong introduction to the corporate culture and resources to reduce time to productivity.
An effective checklist needs to address:
- Company Overviews: Values, Goals & Mission
- Departmental Overviews
- Job Expectations and Goals
- HR Training, Policies and Procedures
- Equipment Setup and Training
- Building Relationships
Looking at costs of recruiting, hiring and onboarding - it’s important to get onboarding right.
Monster.com studies show nearly 1 in 3 new hires turn over within the first two years of employment. According to the Bureau of Labor Statistics, the cost of replacing an employee can be as much as 50% of their salary. Examining the success of your onboarding is crucial to retaining top employees, managing turnover, and increasing your bottom line.
If you don’t have a thorough onboarding checklist and formal process, you’re highly likely losing employees due to under-engagement.
Work Institute’s onboarding survey and solutions will show you how to develop a comprehensive onboarding checklist and strategy to ensure immediate and long term success.
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.