Onboarding: More Than an Orientation
Today’s workplace requires new hires to hit the ground running. But, if you want them to succeed you need to give them the tools, education and information to be productive from the start. By investing in and creating a solid, comprehensive on-boarding program, your organization can reap a number of benefits.
Attract top talent: Let’s be honest. It’s not always easy to attract and retain top talent. Although it’s easy to draw these individuals in with salary and benefits packages, it’s much harder to deliver on the intangibles. A thriving company culture and employee and managerial rapport are often what keep employees engaged and motivated. With a great on-boarding program you can build a solid foundation for the intangible elements that help create that exceptional work culture.
Engage employees from the start: Company culture can differ depending on the type of business or organization you run. But, regardless of those differences, employee engagement is still one of the leading causes of employees leaving, according to research from Gallup’s “State of the American Workplace Report.” Putting new hires through a well-planned on-boarding program can go a long way towards fostering engagement and retention.
Consistent communication: An on-boarding program can ensure each employee receives all the necessary information on policies, procedures and expectations and that each is communicated concisely and accurately. The on-boarding process can also provide the structure and setting for new hires to get answers to questions about their new workplace. Providing this forum during on-boarding goes a long way towards fostering the kind of environment employees thrive in.
Reduced costs: You never get a second chance at a first impression. That’s why the manner in which an employee orientation is designed and executed can make all the difference as to whether an employee stays or not. Employees who have a clear direction and incentive to perform tend to stay with the company longer. A 2012 Allied Workforce Mobility Survey indicated as much as 25% of new hires leave the after first year. An effective formal orientation program can greatly reduce the costs associated with high turnover rates and recruiting costs.
Business growth: When employees know what’s expected of them and feel valued and engaged, they develop loyalty to a company and are therefore more productive. Hire levels of productivity can boost the overall performance and growth of a company.