How to Create a Successful New Hire Training Program

New hire training, often called onboarding, can make or break an organization. Beyond the first few days, when the new employee gets settled into their new role and completes the housekeeping tasks such as new hire paperwork, new hire training is essential. A new employee who is not well trained is likely to leave the organization out of frustration, and is also likely to cost the organization in lost revenue and unhappy customers.

According to a study done by the Wynhurst Group, 22% of new hires leave within 45 days of their start date. What’s worse is that the cost to replace a new hire in the first year is estimated at three times their salary. 

The lack of new hire training can cost an organization money in many other ways, too, including: 

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