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90 days is not enough to engage your new hires.

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The landscape for recruiting is getting more competitive, especially for the engineering and technical fields. Typical onboarding programs last about 90 days. However, when you overlay the rise and fall of employee engagement throughout their first year of work, you'll see why 90 days is not enough and what you can do about it.

Published in: Business, Technology

90 days is not enough to engage your new hires.

  1. 1. 90 Days Is Not Enough: Get  New  Hire  Engagement  Right  in  2014     By  Pi  Wen  Looi,  PhD   Novacrea  Research  ConsulCng   April  2014  
  2. 2.  The  Good  News…   Source:  PwC  Trendse0er  Barometer  Business  Outlook,  Winter  2014     h0p://www.pwc.com/us/en/private-­‐company-­‐services/publicaGons/pcs-­‐trendse0er-­‐barometer.jhtml   …57%  of  US  companies  plan  to  hire  more  employees    in  2014.  
  3. 3.  The  Challenge…   Source:  PwC  Trendse0er  Barometer  Business  Outlook,  Winter  2014     h0p://www.pwc.com/us/en/private-­‐company-­‐services/publicaGons/pcs-­‐trendse0er-­‐barometer.jhtml    The  Race  for  Talent  ConCnues…  
  4. 4.  And  StarCng  Salaries  Have  Increased…    …by  3.7%  on  average;  and  nearly  8%  for  mobile  apps    developers,  soUware  developers,  and  UX  designers.     Source:  Robert  Half  2014  Salary  and  Hiring  Outlook    hWp://www.mulCvu.com/assets/63814/photos/63814-­‐RH-­‐Salary-­‐and-­‐Hiring-­‐Outlook-­‐MNR-­‐original.jpg  
  5. 5. …And  what’s  the  cost  of  losing  them?    What  are  you  doing  to  engage  and          retain  your  valuable  new  hires?  
  6. 6.  When  New  Hires  Walk  Out  the  Door…  
  7. 7. You  risk  tarnishing  your  employer  brand.  
  8. 8.  You  waste  valuable  Cme  and  resources.  
  9. 9.  You  risk  disengaging  other  employees.  
  10. 10.  What  Is  Your  New  Hire  RetenCon  Rate?  
  11. 11. 0%   10%   20%   30%   40%   50%   60%   70%   80%   90%   100%   less  than   3  months   3-­‐5   months   6-­‐8   months   9-­‐11   months   12-­‐14   months   15-­‐17   months   18-­‐20   months   21-­‐23   months     24-­‐26   months   27  -­‐29   months   30   months  or   more   Length  of  Service   Engagement  Score    Do  You  Know?   Engagement  can  sharply  decline  as  early  as  9  months  and       stay  low  for  as  long  as  12  to  24  months.   Data  based  on  aggregate  results  from   client  surveys.  ©  2014  Novacrea  Research  ConsulCng  
  12. 12. 0%   10%   20%   30%   40%   50%   60%   70%   80%   90%   100%   less  than   3  months   3-­‐5   months   6-­‐8   months   9-­‐11   months   12-­‐14   months   15-­‐17   months   18-­‐20   months   21-­‐23   months     24-­‐26   months   27  -­‐29   months   30   months  or   more   Length  of  Service   Engagement  Score   The  Risk  Zone    Avoid  the  Risk  Zone!   Data  based  on  aggregate  results  from   client  surveys.  ©  2014  Novacrea  Research  ConsulCng  
  13. 13. …especially  for  onboarding  knowledge  workers.   3.  Socializa1on  with   Coworkers  and  Team   Members   1.  Compliance  and     Basic  Training     4.  Assimila1on  with   Company  Culture   2.  Role  Clarity   Challenging  and   Interes1ng  Assignments    Successful  Onboarding  Involves…    But  90  Days  Is  Not  Enough  
  14. 14.  Are  you  enabling  your  new  hires  to  be    successful  beyond  90  days?  
  15. 15. 0%   10%   20%   30%   40%   50%   60%   70%   80%   90%   100%   less  than   3  months   3-­‐5   months   6-­‐8   months   9-­‐11   months   12-­‐14   months   15-­‐17   months   18-­‐20   months   21-­‐23   months     24-­‐26   months   27  -­‐29   months   30   months  or   more   Length  of  Service   Engagement  Score   The  Risk  Zone   90-­‐day  New   Hire  Survey    Typical  New  Hire  Surveys…   …  are  conducted  at  30,  60,  or  90  days.   Data  based  on  aggregate  results  from   client  surveys.  ©  2014  Novacrea  Research  ConsulCng  
  16. 16. 0%   10%   20%   30%   40%   50%   60%   70%   80%   90%   100%   less  than   3  months   3-­‐5   months   6-­‐8   months   9-­‐11   months   12-­‐14   months   15-­‐17   months   18-­‐20   months   21-­‐23   months     24-­‐26   months   27  -­‐29   months   30   months  or   more   Length  of  Service   Engagement  Score   The  Risk  Zone   90-­‐day  New   Hire  Survey   !  Missed  Opportunity  "    What  Happens  AUer  90  Days?   A  missed  opportunity  to  assess     new  hire  engagement  during  a  criCcal  period.   Data  based  on  aggregate  results  from   client  surveys.  ©  2014  Novacrea  Research  ConsulCng  
  17. 17. Help  your  new  hires  through     the  Risk  Zone!   Here’s  how…  
  18. 18. •  Discover  What  Mo1vates  Your  New  Hires     –  Hint:  it’s  not  just  the  signing  bonus   •  Iden1fy  Poten1al  Engagement  Barriers  Throughout  the  First   Year  of  Employment   –  Enable  managers  and  supervisors  to  take  acGon  before  it’s   too  late   •  Provide  Insights  for  Managers  and  Employees   –  Facilitate  collaboraGon  and  creaGon  of  a  posiGve     work  environment   •  Increase  New  Hire  Reten1on     –  Take  acGon!  Learn  how  to  integrate  new  hire  insights  with   your  onboarding  programs  and  beyond   TalentFocusTM  New  Hire  Survey  
  19. 19. Avoid  the  Risk  Zone!  
  20. 20. Contact  Novacrea  today  to  learn  how  you  can  engage  and   retain  your  new  hires  in  2014.   NovacreaResearch.com  |  Email:  info@novacrearesearch.com  |  Phone:  (510)  926-­‐2883   Follow  us  @Novacrea     Image  credit:  page  1,  by  Pi  Wen  Looi,  other  pages,  Bigstock    

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