O.C. Tanner’s report on onboarding shows that one in five employees leave a job within the first 45 days. Most of the disengaged employees shared that they received little or no proper training during their onboarding. Not having an onboarding process in place can negatively impact both the employee and employer.
In a survey of HR managers by job site CareerBuilder, 16% said poor or non-existent onboarding lowers their company’s productivity, 14% said it brings on greater inefficiencies, and 12% said it leads to higher employee turnover.
Lower employee engagement leads to lower confidence among employees, lack of communication and trust within the organization and missed revenue targets are among other negative impacts of not having a consistent on-boarding program.