What Every Leader Should Know About Onboarding

By. Megan Webb-Morgan

As a leader within your business, you may look at the amount of time your HR department spends on new employee onboarding and have a few questions. While it is generally accepted that you will spend money on background checks, recruiting software and the like – should you be spending the time and money on onboarding?

In The 10 Commandments of Onboarding, Business.com suggests, “The benefits of proper orientation include reduced costs associated with learning on the job; time saved training the new employee; increased production; increased morale; and decreased turnover (as a result of showing employees they are valued).”

Research from The Aberdeen Group reaffirms this importance; they reported that organizations with a standard onboarding process experience 54% greater new hire productivity and 50% greater new hire retention. Businesses are focusing more and more on onboarding in order to meet their growth objectives, overcome skills shortages in the labor pool, and improve their attractiveness in the marketplace for top talent.

In order to foster an effective new hire onboarding process within your company, here’s what you need to know.

 

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