Effective onboarding is more than just filling out benefits paperwork, going over company policies, and giving a tour of the office. Onboarding is a chance to introduce new hires to your company culture, build community and belonging, and make people feel good about their choice to join your company.
Onboarding sets the tone for an employee’s experience with you. It also engenders employees who want to stay. Think about this sobering stat from Gallup: Organisations lose 1/3 to 2/3 of new hires in their first 12 months, even for senior-level positions. Half of hourly workers left after just 4 months.
Effective onboarding can communicate that new hires are valued, appreciated, and belong, which, according to Harvard Business Review, is linked to a 56% increase in job performance, 50% drop in turnover risk, and 75% fewer sick days.
Research from our 2023 Global Culture Report finds less than half of employees (43%) have an onboarding experience that was more than just a day of orientation and a standard set of benefits. Many companies are missing the opportunity to create welcoming onboarding experiences that build connection between new employees and their teams and organisation.
When employees feel their onboarding process is exceptional they are 2.5 times more likely to be extremely satisfied with their workplace, and companies that utilize a more strategic approach to onboarding see a 32% increase in new employee engagement.
Instead of handing out the usual water bottle and t-shirt and going over the company history and benefits, create more personal, inclusive experiences for new employees that incorporate culture-building strategies like employee recognition.
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