According to the Harvard Business Review almost 33% of new hires begin searching for a new job within six months & 23% of new employees leave within the first year

The major driver  is the wrong technology & failing to create a coherent onboarding process

Further Research has also found that 22% of participants had no formal onboarding program

In contrast, businesses who did have an onboarding program, only 28% found  it was successful

Leaving new employees to their own devices is not an productive way to develop competent employees

A successful onboarding program fosters cohesion & belonging to the team for new employees, & also provides a clear  understanding of how things are done & how their role contributes to the overall success of your business. This is how brand buy-in is created & nourished

Additional benefits of onboarding are:

Reduced employee turnover

Increased productivity

  •  Employee onboarding results in 54% greater productivity because new employees are able to learn from existing employees and master their roles at a quicker rate. US and UK businesses spend around $37 billion every year on employees who are unproductive because they don’t understand their jobs. The quality of the onboarding process determines the level of an employee’s productivity. Currently, it’s common for the average employer to spend about two months on employee onboarding. However,  experts advise that employee onboarding should last at least one year to have a lasting impact on employee turnover

Defined roles

  • A major part of employee onboarding is training on how to carry out the job. Onboarding brings the job description to life by explaining what’s expected of the new employee. At the end of the onboarding process, the new employee should be aware of how their role fits into the team and the business as a whole. Employee onboarding should result in the new hire feeling like they’re a valued part of your business & therefore have the motivation to remain on the job while doing their best work

Less employee stress 

  • Starting a new role can be stressful for new employees. Employers can reduce the anxiety and stress by welcoming them to the team & providing all the tools & information required to do the job. This facilitates lasting team relationships & will help to reduce tension & uncertainty in the future

Safeguards need to be in place to prevent data leakage

The number one reason why employees leave their jobs is because of the perception of being  underpaid, based on PayScale data

This is where the offboarding process is invaluable. It creates the opportunity to ensure they are being paid & treated fairly

It also creates the chance to counter offer & retain critical talent

Secondly, offboarding creates a chance to have real dialogue with an otherwise frustrated employee in a neutral setting. The outgoing employee might have a lot to share about their experience & this can be a good time for the organisation to learn why people leave & use it to make changes & install better practices

Cloud ArchiTech can help make the transition frictionless while protecting the employers most valuable asset — Data. 

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