Ever wonder why employees quit after less
than a year? Or why some new hires come up to
speed faster than others? Onboarding is a
critical part of a thoughtful talent management
strategy, but it is often overlooked as a
paperwork process or poorly executed.
More than 80 percent of new employees decide whether or not to
stay with a company within the first six months of being hired, and 1 in
4 do leave in the first year. An unorganized or incomplete onboarding
process can cause those employees to rethink their decision to join
the company just when they should be the most enthusiastic.
When it comes to best-in-class onboarding, 79% of employees
received rating of “exceeds expectations” on last performance review
leading to 15% yearover-year improvement in revenue per full-time.