How to ROCK Your Employee Onboarding….AND Close High Employee Retention Rates
Onboarding is a process. Plain and simple. And should never be an afterthought. Give onboarding a try. Trust me, it works for the better of not only your employees but your organization as well. Remember, onboarding is an ever-lasting process.
I remember working as a Recruiter with a well-known organization that didn’t have a true and stable onboarding process. I was confused. How could this organization not care that much for their employees, that they could not implement a resourceful onboarding strategy? No wonder why this organization had so much turnover. And the other issue was that no one seemed to care and blew it under the rug like dust in the wind. Are you serious? Onboarding is a must.
Honestly, organizational leaders that take the time out of their very busy schedules and focus on implementing a strong onboarding process have a significantly better employee retention rate. Onboarding is a way for an employee to feel valued. Employees need and want to feel valued as if they are a part of a team, a family, in a sense.
A valuable onboarding process leads to overall satisfaction within the work environment, better collaboration and improves productivity.
Just allow your employees go to your competitors. They will. What you won’t do for your employees, another organization will.
Look at the number. They don’t lie. Trust me, this can happen to you if you are not productive in achieving a successful onboarding process.
- 53% of HR professionals say employee engagement rises when onboarding is improved (SilkRoad)
- 28% of new hires are willing to quit their new jobs if they don’t find it satisfactory in the first 90 days (Robert Half)
- New hires who reported a poor onboarding experience are 8x more likely to be disengaged in their work and 11x less likely to recommend their employer as a good place to work after their first three months (Glint)
- 24% of CHROs say engaging and retaining employees is their biggest struggle (Korn Ferry)
- 16% of HR leaders say a lack of budget is the primary obstacle to improving employee retention in the next 12 months (Kronos)
Onboarding new hires at an organization should be a strategic process and last at least one year to ensure high retention.
Remember, great talent is hard to find, hard to retain and the end result can be quite expensive. Make sure your employees feel welcomed and prepare them to be successful not only in their role, but with the organization as well.Posted in Onboarding