Even before the pandemic and the ensuing great resignation, one-third of companies did not have a structured onboarding process. Too often, onboarding efforts are about orientation and last 90 days or fewer. To ensure long term productivity and support employee growth and success, the authors suggest onboarding is a 12-month effort.
Onboarding is a team’s job where management establishes the processes to:
- Set clear goals and measures for success
- Create and designate a multi-departmental onboarding team
- Provide support throughout the onboarding journey
Companies that implement a formal onboarding program could see 50 percent greater employee retention among new recruits and 62 percent greater productivity within the same group.”
Source: Harvard Business Review, April 5, 2022. Link. Poor onboarding can leave your employees with lower confidence in their new roles, worsened levels of engagement, and an increased risk of jumping ship when they see a new, more exciting position elsewhere. It is a major cause of employee turnover, which can cost a company 100-300 percent of the employee’s salary in total.
INSIGHTS: Onboarding is a topic we’ve shared before. New hires, clients and the old guard all benefit when a process provides orientation and development for individuals in their roles.
Also see: Search Results for: onboarding, Animal Health Digest. Link.