The process of building a productive workforce doesn’t end after a hiring decision is made. Without a comprehensive onboarding and development plan in place, you run the risk of watching your new employees walk out a constantly revolving door.
In fact, according to O.C. Tanner, an employee recognition and incentives consulting company, 20% of all turnover happens within the first 45 days on the job; whereas, seven out of 10 employees are more likely to stay with a company if they experience exceptional onboarding. And the effects of successful onboarding don’t stop there.
A Harvard Business Review study revealed most new hires do not reach full productivity capacity until eights months on the job, yet according to Urban Bound, organizations with an onboarding process experience 54% greater new-hire productivity. Needless to say, organizations cannot afford to not onboard their workforces.
Building Employee Retention through Onboarding and Development
The greatest strength of any successful organization is its employees. The Engage to Retain program, developed by Express Employment Professionals, highlights best practices supervisors can implement to help set up new employees for success and show commitment to their career development.
Check out this video to learn more!
In this two-part video training program, employers and leaders will learn:
- How to set up new employees for success on day one
- The role culture plays in the onboarding process
- How to work with employees to define and achieve their career goals
- The importance of ongoing employee development
- And much more!