How a Good Onboarding Process Can Help You Keep Employees?

The hiring process can be drawn out and complicated from beginning to end due to the numerous steps, parties, negotiations, and expenses involved. You might believe the hiring process has ended once a start date for a new hire has been established, and that the next hiring process can now begin. Your process should ideally continue to another crucial stage, onboarding.

Why is having a good onboarding process important?

Here you can either set the tone for a new hire's career with your company in a positive or negative way. If your business doesn't have a suitable onboarding procedure, it risks losing all the time, money, and resources invested in the hiring process—especially when "top talent" is concerned.

Business-wise, a company shouldn't spend money on hiring someone, paying them a salary, and then losing them because the two parties didn't get along well in the beginning.

Your investment is lost if a new hire leaves your company because of his unfavorable first impressions, and you'll also have to start from scratch. The cost in terms of time, productivity, and revenue increases with the level of the position, its associated responsibilities, and salary. According to some experts, losing a new hire can cost a company up to three times that employee's first-year salary.

Nearly half of newly hired employees quit their jobs within the first year, according to retention statistics, and talent management specialists think there is a direct link between low new hire retention rates and shoddy or nonexistent onboarding procedures.

If so, putting in place a good onboarding process will increase employee retention.

Benefits and Objectives of a Program for Employee Onboarding

There has traditionally been a greater emphasis on the company's identity and the new hire's immersion in the company's culture and processes during the orientation and onboarding phase than on the new hire himself and the value he can bring to the company.

Instead, effective onboarding programs should focus more on the new hire and be tailored to their success in order to achieve long-term retention success. Among the objectives that should be concentrated on during onboarding are the following:

• Introduces the new employee to the organization's culture, mission, goals, and procedures.
• Assists a new hire in building relationships with coworkers, hiring managers, etc.
• Creates a clear picture of responsibilities for the new hire, allowing them to feel at ease in their role.
• Recognizes what is required of them
• Motivate the new hire to produce more quickly
• Encourage the new hire to feel as though joining your company was the right choice and to confirm that they are in the right place.

A strong onboarding program serves the new hire as well as the hiring company, which benefits from a positive first impression. It plays a crucial role in positioning the new hire for long-term success.

It only makes sense from a business standpoint to continue with a strong onboarding process after investing the time, energy, and money to find top talent. It will aid in your new employee's integration and establishment so that productivity can start more quickly. After that, you'll start to see a financial and retention return on your investment.

The Definition of onboarding employees is saying, It is the process of introducing and integrating new hires into an organization, including orientation, training, and acculturation into the company culture, according to the definition. Employee onboarding aims to give new hires the tools, knowledge, and assistance they need to succeed in their positions and to feel appreciated and engaged as members of the team.

Sponsor Ads

• Ad Space Available - Rent it Now!

Report this Page

Created on Feb 2nd 2023 07:41. Viewed 179 times.

Share on APSense

Comments