Integration of onboarding into the talent acquisition process
Key metrics to measure the ROI of onboarding
Ability to create an action plan to implement into your organization
The strategic plans of most organizations share the same core focus: employee retention.
Employee turnover is extremely costly because of the loss of productivity and the expensive need to fill the position. HR Professionals are left with the complex challenge of figuring out how to retain employees.
Widely known research has shown that successful formal onboarding is a critical driver of employee retention.
There is a misconception that onboarding should begin on the employee’s first day of joining the organization; however, onboarding should be integrated into the talent acquisition process, and should start with the initial contact made with the potential employee.
New hires often make a decision on how long they plan to stay with an organization by how well the first 90 days are in their new role. It is important to ensure the onboarding program is comprehensive and well laid out for every position. Research finds that employees who have poor onboarding experiences tend to leave the company within 1-2 years.