A great onboarding process determines the entire employee experience. Focusing on employee development, company culture, and frequent check-ins show new hires that employers care about their experience at the company.
Fremont, CA: Employee onboarding is a very crucial process to ensure a smooth start of a new hire’s journey. Unfortunately, most organizations’ onboarding process revolves around completing new hire paperwork and explaining processes. However, the right process to onboard a new employee goes beyond these administrative formalities. Improper onboarding can lead to higher turnover, lower engagement, and poor productivity.
Let us look at some benefits of onboarding employees the right way:
Boosting Employee Experience
Employees change their jobs whenever they want since there is no shortage of opportunities available. If they do not have a pleasant employee experience at an organization, they can easily go for another opportunity that better suits them.
A great onboarding process determines the entire employee experience. Focusing on things like employee development, company culture, and frequent check-ins show new hires that employers care about their experience at the company.
Higher Employee Engagement
Engaged employees are likely to put extra effort into their work, leading to things like higher profitability and productivity, as well as lower absenteeism and turnover. But, one problem is, only a few of all employees are found engaged.
Onboarding the right way can make employees feel deeply connected to your organization and its vision, mission, and values. Organizations can set up a ‘buddy’ system for their new hires and help them learn about the company with a friend-like approach. Also, employers need to recognize their new hire’s dedication and work achievements, as well as implement employee feedback. Incorporating these activities in the employee onboarding process can help boost employee engagement from the first day.
Better Employee Retention
Every organization always wants to retain its best talents. Employee turnover can be expensive since there will be additional costs to backfill the position and also vacancy costs. While some turnover would always be there, organizations still want to maximize their employee lifetime value. A strong onboarding process can improve a company’s new hire retention by 82 percent.
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