You have spent a lot of time and money finding and recruiting the best candidates for your company and definitely don’t want to stand the risk of losing them. A study by Deloitte shows that companies witness 22% of turnover within the first 45 days and around 4% of new hires quit after an unsatisfactory first day. Further, studies show that new recruits are more likely to stay with a company for over 3 years if Onboarding New Employees is done right.
Onboarding new employees is a process that familiarizes new recruits to the company’s policies, business processes and job functions such that they acquire the necessary knowledge and skills to become effective members of the organization. It also provides employees a 360-degree perspective of the organization – its culture, values, and the way it functions. The process also allows employees to understand if they are a good fit, and if they would be able to grow and thrive in the environment it provides.
Tags: employee onboarding software • Employee Training • onboarding platform • Onboarding Software