The Role Of Onboarding In Employee Retention
A study made by Equifax revealed that more than half of employees who left their jobs in 2016 did so within one year of their employment. This is one of the reasons why companies are now focusing on retention. Retention usually starts from onboarding or the procedure wherein a new employee is introduced to the company culture even before the job starts.
New onboarding strategies that companies will use this year include:
- It is expected that new employees are unfamiliar with the cultural differences of the workplace environment. Some of the company rules are policy-based and not included in the handbook that is why new employees must be guided on the company’s culture so that their performance will be maximized.
- Last year, many companies have invested a lot on employee trainings. When a new employee is hired, how will he be integrated when he has not received the same training? The best approach is the mentorship program wherein someone will be assigned to train the new employee on how things work in the company.
- Onboarding can only be considered successful if the new employee assimilates the company’s culture and obtains the support and education that is needed to perform his new job effectively.
- Onboarding is the backbone behind a successful talent acquisition and talent development. New employees can be successful immediately after they are hired when they are provided with clear goals and objectives and the right tools to achieve the goal. Aside from sincere and consistent acknowledgement of a job well done, there must be regular feedback for career development.
- Onboarding during the first 90 days of a new employee is not an HR function. It is the responsibility of the CEO and the employee’s future colleagues to set the tone and precedence so that all details associated with the job will be effectively assimilated and understood.
It is common for businesses to assign the onboarding process to the HR department. When done manually, the process is usually flawed and outdated. A better option is onboarding workflow software that is streamlined and efficient to prevent confusion.