Benefits of a Solid Onboarding Process

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The benefits of a structured onboarding process are significant. It has repercussions that will persist throughout an employee’s entire time with the company.

Turnover rates for new hires are a thorny problem. The average cost of losing an employee colombia phone number resource is over a third of their annual salary, you will lose productivity, and have to start the recruitment process all over again. Employees are 23% more likely to stay in the position if their manager clearly explains their role and responsibilities. A good onboarding process improves the overall retention rates for your company.

When you onboard employees more effectively, new hires reach full productivity faster. Your seasoned employees then spend less time training them, which is time spent away from their primary responsibilities. Your bottom line rises.

In any growing company, your unique culture must be constantly renewed and relayed to new employees. The onboarding process is your first chance to express the existing company culture effectively, and also helps your new employee to feel part of the team. For this reason, HR professionals are the gatekeepers to the culture and should honor their role.

Social isolation is also a big problem among remote workers. This is your big chance to help new employees build their connections with the rest of the team, and understand that they have chosen a great place to work.