How to Assist New Hires in Thriving Through Employee Onboarding?
“From the beginning, pay attention to your culture and your hires.”– Reid Hoffman, LinkedIn Co-founder.
As Mr. Hoffman stated, how well employees are treated from the beginning will determine how they will connect with the company in the long run. When new employees join a company, they have no idea what is waiting for them.
Everything about the business, including its work policies, is confidential. Therefore, businesses take the appropriate actions and convey them through the corporate culture to ease this transition. The best course of action is to create a successful onboarding plan.
You can assist new hires in settling into the workplace, figuring out their tasks and responsibilities, and ensuring they get along with the other team members by setting a coherent plan and process.
A successful employee onboarding procedure should be easy for the new hire. Businesses can positively influence employees through a good onboarding process, which will enhance the rate at which offers are accepted.
What is Employee Onboarding?
The process of successfully integrating new hires into the business is known as employee onboarding. During HR onboarding, the new employee shouldn’t encounter any problems, and each stage should be easy for them to complete.
The employee should have a seamless experience from receiving the offer letter to completing the necessary documentation until the day of joining. Employers should strive to give workers a positive experience while making them feel at home.
The onboarding procedure for HR can be accurate and speedy, thanks to innovative technology. Employee data is captured safely and securely, removing the possibility of any error. Through an intelligent app, Smart Onboard, Repute enables the onboarding of skilled personnel. HR teams may quickly get identity and background information from new hires via a digital link and have it immediately confirmed from reliable data sources like UIDAI and the Repute Talent Network. This saves valuable hours of manual work for HR personnel and facilitates a smooth and quick employee integration.
Benefits of good onboarding
- Positive employee experience
The days of working for one employer your whole career are long gone. Today’s employees aren’t afraid to change jobs or organizations as frequently as required before they feel connected. Even an accepted job offer does not assure an employer that a position will be filled. In a poll conducted by SilkRoad and CareerBuilder, 67% of employers stated that 1 in 4 new hires failed to show up for work after accepting the position. Because it establishes the tone for the whole employee experience, successful onboarding is crucial.
New hires are more likely to become engaged and productive over time if they have positive views about the company due to their onboarding experience. Employees who are engaged are 87 percent less likely to quit. According to the reporting firms, a consistent onboarding procedure also results in 62 percent higher new recruit productivity and 50 percent higher new hire retention.
- Ability to attract talent
Effective onboarding can increase retention and strengthen a company’s potential to compete for top talent. Employees are less inclined to recommend an employer following a poor candidate experience, but the contrary is also true. A positive experience may lead to a positive company recommendation on websites like Glassdoor, which may help it attract new talent.
- Financial success
Organizations spend a good amount of money and resources on acquiring new talent but apparently not enough on an onboarding process that encourages them to stay. This is bad math, because companies that invest in an effective onboarding program have four times the average profit and more than two times the average revenue of companies that don’t.
- Strong company culture
Onboarding is essential to establishing a positive company culture characteristic of successful firms. There is no better time than during the onboarding process for employers to introduce new hires to the organization’s values and vision and to set specific goals that are not only in line with business aims but are also designed to promote their personal development. During onboarding, employees must clearly understand the corporate culture they will soon be a part of.
The Bottom Line:
The information above clarifies that onboarding is a crucial process that businesses must take seriously.
Moreover, Smart employee onboarding helps businesses save time, cut costs, boost productivity, and hire more accurately. Every step of the talent onboarding process is automated by smart onboarding. Conducting the full onboarding process digitally improves the experience of new hires and recruiters. When new hires feel welcomed and inspired by their new workplace, they feel more engaged and are more likely to perform well, which boosts employee retention. Effective onboarding helps ensure that pre-employment requirements, like background and pre-employment checks, are met promptly. Candidates are assisted throughout the procedure via an intuitive app, ensuring they have no trouble navigating the site.
Are you interested in making employee onboarding more streamlined? Check out what Repute can do for your organization!