THANK YOU FOR SUBSCRIBING
When companies do too little during this critical transition phase, they risk more turnover, reduced engagement, and decreased productivity, among other things.
FREMONT, CA: The preponderance of firms' employee onboarding concentrates on completing new hire paperwork and explaining practices. It is administrative, fulfilling the employer's needs and assuring compliance. However, this is a blunder. When companies do too little during this critical transition phase, they risk more turnover, reduced engagement, and decreased productivity, among other things.
Innovative companies, on the other hand, are discovering a slew of advantages to strategically onboarding people, including:
An excellent onboarding process sets the tone for the entire employee experience. Organizational culture, employee development, and frequent check-ins demonstrate to new workers that businesses care about their experience at their company. Extending these emphasis areas beyond the onboarding time ensures that the employees have a positive experience from start to finish.
When employees get appropriately onboarded, they will feel more linked to its goal, vision, and values. Make a buddy out of new hires and assist them in learning about the firm in a fun way—perhaps over breakfast with the CEO. Give early praise for a job well done, and collect and use employee feedback. Incorporating these activities into an employee onboarding program will help businesses increase employee engagement right away.
Recruit retention improves by 82 percent in companies with a suitable onboarding procedure. Employee preboarding should begin when an offer letter is signed, as 11percent of candidates change their opinions after signing an offer letter. Extend a warm welcome to capitalize on the excitement surrounding the company recruitment process and offer and make the transition from candidate to the new hire as simple as possible. Allow the employee's first day to start with celebrations, introductions, and early learning by getting the paperwork out of the way. Then, for at least 90 days, continue the onboarding process to ensure that new personnel effectively acclimatize and assimilate to their new roles—and stay for the long haul.
An engaging onboarding program that creates a positive employee experience will assist companies in not only retaining talent but also attracting top candidates. Request a preliminary review on Glassdoor from all new hires after they have offered a world-class onboarding experience. Also, make sure to include new workers in the employee recommendation program to refer exceptional people from their networks readily. Employee referrals are easier to employ, onboard faster, and stay longer, making this a valuable route for sourcing applicants.
A good onboarding process assists new hires in acclimating to the organization and facilitates employee relationship building. Goal-setting, frequent manager check-ins, and employee development are all part of it, so employees know where they are and how they may improve. Only a 21percent of employees strongly feel that managing their performance drives them to achieve exceptional work, making this a critical emphasis area for many businesses.
See Also: Top HR Tech Solution Companies