Is Onboarding beneficial for all companies?

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Effective employee onboarding leads to increased employee engagement, productivity, high performance results and employee retention

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Is Onboarding beneficial for all companies?

  1. 1. Employee Onboarding - Is it necessary for all companies? Copyright 2013 | Saigun Technologies Pvt. Ltd. 1
  2. 2. A common scenario faced by a new hire On her first day to office , Amy was guided to her workstation but then no one turned up ! She didn’t know how to log in to her system. She didn’t know the people sitting around her. Her supervisor was nowhere and she had no idea about what she was expected to do on her first day. She asked a stranger for help with the printer, only to later discover that the stranger was the CFO. She felt highly embarrassed and confused in whom to approach and what to do! Copyright 2013 | Saigun Technologies Pvt. Ltd. 2
  3. 3. Effective employee onboarding programs may be time consuming but they help in employee retention. Even if you own a small company, it is important that a new hire is properly introduced to the company. Copyright 2013 | Saigun Technologies Pvt. Ltd. 3
  4. 4. Statistics • 90% of the employees who leave the organization decide to leave the organization in the first six months of their employment. • Hiring new employees is three time costlier than retaining old employees. • Spending time and money on onboarding to employee retention is substantially less expensive compared to hiring afresh. Copyright 2013 | Saigun Technologies Pvt. Ltd. 4
  5. 5. Few tips to make Onboarding Effective Assign Mentors Share policies • Make employee orientation personal for each employee • Consider assigning mentors to each new joinee who can guide them in their roles • The perks and the policies should be made available on the company’s intranet site • The new employees should be taken through this and questions answered Copyright 2013 | Saigun Technologies Pvt. Ltd. Web based tools • Use web based tools to standardize, streamline and track each step. • You may even share this tool before the employee joins 5
  6. 6. Benefits of Onboarding The organization is committed and fully prepared to put a new hire in his role effectively. The process allows a new hire to feel comfortable, valued, supported and welcomed in the organization. Onboarding leads to increased employee engagement, increased productivity and high performance results. When employees connect to the organization, they want to do good work and as a result, add value to the organization. Copyright 2013 | Saigun Technologies Pvt. Ltd. 6
  7. 7. http://www.empxtrack.com Copyright 2013 | Saigun Technologies Pvt. Ltd. 7

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