Onboarding is a crucial procedure for every organization. To be successful, it needs to be strategic and well structured. However, many organizations approach onboarding as a procedure limited to paperwork.
Understanding the importance of an effective employee onboarding process is crucial for keeping employee retention rates high. The onboarding process of new hires has to be streamlined and smooth. As an effective onboarding program can make new hires feel comfortable, content, happy, and productive, it can also increase employee retention rates.
The Importance of Onboarding
When hires end their contracts prematurely, companies stand to lose a lot in terms of time and money. Onboarding is a necessary procedure, and its quality directly impacts the rates of new hire retention.
By limiting onboarding programs to HR paperwork and a few introductions, organizations put their staffing investments at risk. Hence, companies must develop their onboarding programs effectively to establish the commitment of new hires.
High-quality onboarding programs play a vital role in securing an organization’s staffing investments before, during, and well after the orientation periods of new hires. Let’s understand the importance of onboarding with the help of an example.
Scenario 1: Kelly is the perfect candidate that your organization has found for an urgent role. She signs and accepts your offer, and everything else is ready as well for the first day. However, just two days before her first day, she quits by saying she has decided to go with another offer.
Scenario 2: Toby is a new hire who has completed all paperwork, briefly met his colleagues and assigned tasks. Even after a month, he is struggling to figure out your organization’s procedures. Feeling overwhelmed and reluctant to ask his colleagues, he responds to a different job offer he’d applied to a while ago. It looks especially good to him right now, so he resigns from your organization.
Scenario 3: Ryan is three months into his employment at your organization, and he’s doing great. However, he feels ambivalent about staying with your organization because he doesn’t see himself fitting in for the long term. A company approaches him with a clear mission and vision for a similar role. After ensuring that it has a great company culture, he accepts the position and resigns from your organization.
It is not uncommon for such scenarios to exist with new hires, and usually, it is ineffective onboarding programs.
Use Onboarding to Fight High Turnover
Meaningful, engaging, and effective onboarding programs can help you to avoid premature resignations. Although such programs cannot act as the sole drivers of fulfilling employment experiences, they significantly impact the employer-employee relationship.
How eLearning Can Help
Leveraging eLearning tools to formulate robust onboarding programs can help you secure your staffing investments before, during, and long after the initial stages of new employment. With eLearning, you can engage with new hires, motivate them, prepare them well for joining, explain all roles and procedures clearly, and increase new employee retention and loyalty rates.
Learn how to successfully onboard a new employee and its benefits.
Conclusion
Hiring and retaining employees is a tedious task. It can be time-consuming, rigorous, and even frustrating when the new hires leave their jobs within a short period. This can be avoided by improving employee onboarding procedures. By implementing unique structures to acclimate new employees, making them feel more involved in the organization, helping them feel connected with the company’s culture, and clarifying all concerns, organizations can retain new employees.
Learn more on how eLearning tools and techniques can help in mitigating employee onboarding challenges.
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