onboarding excellence: why you need to inspire during employee onboarding and induction.
Starting a new job can be a daunting experience for anyone, regardless of their experience level. There is often a huge amount of (usually uninspiring) information that is expected to be retained by any new team member, as well as becoming aligned with the company’s values and long-term goals. For employers, an effective onboarding process and induction programmes are crucial for setting new employees up for success and improving their hire retention rates. We’ll explore why onboarding and induction excellence is a necessity for any organisation looking to develop, retain and get the most out of their workforce.
It’s important to define what we mean by onboarding vs induction programmes. Onboarding refers to the process of integrating a new employees into the company culture and helping them understand their role within the organisation. First off however simple it may sound, effective onboarding experience and induction process can lead to increased profitability. Research has shown that companies with effective onboarding programmes experience 50% greater productivity from new hires, which can have a significant impact on a company’s bottom line. In addition, effective onboarding can reduce the time it takes for new employees to become productive, which can save a company money in the long run.