New employees are most likely to leave a company within 18 months of tenure, and 90% of new hires decide within the first 6 months on the job whether or not they are going to stay with the organisation, according to a recent article by the AICPA. Not only that, but the 500 largest companies are currently facing a talent crisis, likely losing 50% of their senior level managers in the next 5 years.
Companies that make structured onboarding programs a priority see an increased length of service from their employees. With the average length of tenure in the United States being only 3 years, it's important to start off on the right foot, especially since replacing a management-level position can exceed 150% of the annual salary.
Effective employee onboarding involves more than just orientation and training. Rather, it is the entire process of how a company welcomes new employees, orients them to the culture, and trains them for success within the organisation. Onboarding gives employees a sense of value, using corporate resources, in a consistent way for all new hires.
Make a commitment to help new employees feel welcome and part of the team. Here are some tips for successful employee onboarding.
You only have one opportunity to make a first impression - so make it a good one. Intuto helps businesses make their own custom onboarding compliance training to suit their individual needs. You can use any of your existing content, or use one of our pre-made template to help get you started. To learn more about how we can help your business get up and going, contact us.
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