Employer Branding
Onboarding: The Key Steps to a Successful Integration
Ensure that new employees are successfully integrated into the company. Assist newcomers in grasping the company’s challenges, its organizational structure, and the responsibilities they will undertake.
Successful onboarding: why is it so important?
- 69%. Employees who have received an effective onboarding experience are 69% more likely to remain in post for 3 years (SHRM).
- 50 %. The cost of replacing an employee can amount to up to 50% of their annual salary (SHRM).
- 62 %. Companies with a structured onboarding process are 62% more likely to be profitable than those without (Aberdeen Group).
When should onboarding effectiveness be surveyed?
- Within the first 3 months to gauge employee satisfaction with the integration process.
- After 6 months to evaluate the retention of new hires.
- After 1 year to assess the overall effectiveness of the onboarding experience.
The benefits of successful onboarding
For the employer
- Accelerating the onboarding process for new employees, reducing the time it takes to settle into their new roles.
- Increasing the productivity of new hires
- Improving talent retention
- Strenghtening communication between new employeens and existing teams
- Reducing the cost associated with replacing departing employees
- Improves employer branding
For employees
- Making it easier to take up a new post and integrate into the team
- Improving comprehension of the company and its challenges
- Reinforcing a sense of belonging and well-being among employees, knowing that they are well taken care of
Improve your employees onboarding with Balencio
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