Onboarding is the process of integrating a new employee with a company and its culture, as well as getting a new hire the tools and information needed to become a productive member of the team. An effective onboarding process will help your new hires feel more valued, better understand their role and increase their productivity and performance, resulting in increased engagement. Part of creating an inclusive onboarding experience is recognizing that not everyone takes in the information in the same way. Giving each new hire the time and space to hear and digest all the new information about their role and the company is one of the best ways to give them a warm welcome to the company.
According to a study, 4% of new hires quit after a disastrous first day, while 22% of turnover happens within the first 45 days. So, we see that onboarding matters. It matters not only because employees are 58% more likely to remain in the organization after 3 years if onboarding is done right. It also matters because not doing it right will cost you a lot. This is the cost incurred as a result of your employees’ lack of understanding of “company policies, business processes, job function or a combination of all the three.” A bad onboarding experience not only leaves a negative impression on your new employee, but it also slows down their time to productivity and can result in a shorter stay at the company.
How to create a positive onboarding experience
You won’t get a second chance to create a first impression. So, please make sure that you have an onboarding process in place that leaves your new hires feeling welcome, valued and prepared. You can create a great onboarding experience following these 12 tips:
Takeaway: A great onboarding experience isn’t only about the feel good feeling it creates but it’s important for the employee engagement, retention and recruiting—all of which affect the bottom line and have the potential to improve your business results. Most importantly, an amazing onboarding experience sets up each employee for the success, regardless of their background, experience or personality. Once onboarded, employees should feel that they made the right decision to join your company and they belong to that place.