EMPLOYEE ONBOARDING PROCESS
The processes by which new hires are integrated into the organization is referred to as "onboarding." It includes activities that allow new employees to go through the initial new-hire orientation process as well as learn about the organization's structure, culture, vision, mission, and values.
All new employees are onboarded, but the quality of the onboarding varies. Too often, onboarding consists of handing a stack of forms to a new employee and having a supervisor or HR professional walk the employee around the premises, making ad hoc introductions.
When onboarding is done correctly, it lays the groundwork for long-term success for both the employee and the employer. It has the potential to boost productivity, increase loyalty and engagement, and assist employees in becoming successful early in their careers with the new organization.
- 69 percent of employees are more likely to stay with a company for three years if they experienced great onboarding
- New employees who went through a structured onboarding program were 58 percent more likely to be with the organization after three years
- Organizations with a standard onboarding process experience 50 percent greater new-hire productivity
- Employee onboarding can improve employee retention by over 80%
- Over 80 percent of organizations don’t have a structured onboarding process
- Nearly 60 percent of organizations say their onboarding program is focused on paperwork
- Over 90 percent of employers feel a good onboarding program is critical for new hire success
- 70 percent of new hires who had memorable onboarding experiences say they have the best possible job. 62 percent companies with a good onboarding program experienced higher time to productivity
- 54 percent of new hires showed higher engagement indicators