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Onboarding pitch q3_2014
1) Effective onboarding programs can deliver significant business value by improving productivity, innovation, and talent retention. Without strong onboarding, organizations may lose competitive advantage and sales targets. 2) SuccessFactors Onboarding provides a best-in-class solution that guides new hires, connects them to key people and resources, and helps develop their skills through integration with other talent management processes. 3) Reviews found SuccessFactors Onboarding enhances engagement and time to productivity for new employees through mobile-first experiences, social connections, and alignment with organizational goals.
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Onboarding pitch q3_2014
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- 2. Best-in-class Onboarding delivers greatbusiness value
- 3. © 2014 SAPSE or an SAP affiliate company. All rights reserved. 3 Without effective Onboarding your organization may … Lose competitive advantage and miss sales targets Endure prolonged productivity losses and slow innovation Suffer from talent shortages while wasting money in hiring
- 4. © 2014 SAPSE or an SAP affiliate company. All rights reserved. 4 3: Aberdeen http://aberdeen.com/Aberdeen-Library/8383/RA-strategic-onboarding-talent.aspx 1, 2:Boston Consulting Group https://www.bcgperspectives.com/content/articles/people_management_human_resources_leadership_creating_people_advantage_2012/ 100% 100% 100% 189% 190% 250% Revenue Growth per Employee Profit Margin Profit Growth Return on Best-In-Class Onboarding Best-In-Class Onboarding Onboarding Laggards What Onboarding can do for your organization
- 5. © 2014 SAPSE or an SAP affiliate company. All rights reserved. 5 But are you laying the foundation for new hires to succeed? The majority of new hires fail to complete their first milestone on time1 >80% of new hires decide whether to stay with a company (or not) within the first six months2 And 1 in 4 leave the company in the first year3 1 & 2 Aberdeen 3 Workforce Mobility Survey, Allied HRIQ 4 “The first 90 days” by Michael D. Watkins The break even point, where new hires add more value than they consume, is reached after 6.2 months4
- 6. © 2014 SAPSE or an SAP affiliate company. All rights reserved. 6 Why do companies fall behind: The inherent complexity of Onboarding Onboarding involves many constituents … touches many information systems … must orchestrate and trigger various talent processes… and yet is still mostly paper-based
- 7. © 2014 SAPSE or an SAP affiliate company. All rights reserved. 7 Focus on what’s important: The hierarchy of new hire needs • Information about the company • Asking ‘stupid questions’ • What to expect on the first day • Clarity on expectations • Goal alignment • Individualized development • Formal and informal network • Quick and meaningful connections • Access to relevant content New Hire Engagement and Time to Productivity Process Efficiency Administration Contribution Information Socialization Source: SuccessFactors ‘Research • Legal and corporate compliance • Provisioning (equipment and access) • Data entry
- 8. The path tosuccessful Onboarding
- 9. © 2014 SAPSE or an SAP affiliate company. All rights reserved. 9 SuccessFactors Onboarding Help your new talent hit the ground running! Guide Connect Develop More Engagement, Higher Retention, and Faster Return on Talent
- 10. © 2014 SAPSE or an SAP affiliate company. All rights reserved. 10 SuccessFactors Onboarding in action Guide the team Dashboard and analysis for process transparency and to manage exceptions New hire Hiring Manager HR Partner Notifications and process guidance in a convenient and mobile experience Mobile 1st day, intuitive onboarding experience, easy data entry and guided task completion
- 11. © 2014 SAPSE or an SAP affiliate company. All rights reserved. 11 SuccessFactors Onboarding in action Connect the players Buddy The Team Community Key Content Connect to key people and relevant content New Hire
- 12. © 2014 SAPSE or an SAP affiliate company. All rights reserved. 12 Succession & Development Core HR and Payroll: Employee Central Employee Record | Organizational Management | Payroll | Shared Services Time Sheet | Global Benefits CompensationPerformance & Goals Learning Recruiting and Onboarding Competencies, Skills, Best Practices Succession & Development Core HR and Payroll: Employee Central Employee Record | Organizational Management | Payroll | Shared Services Time Sheet | Global Benefits CompensationPerformance & Goals Learning Recruiting and Onboarding Competencies, Skills, Best Practices SuccessFactors Onboarding in action Develop the new talent Integrated talent management Align new hire with corporate goals
- 13. © 2014 SAPSE or an SAP affiliate company. All rights reserved. 13 Why SuccessFactors Onboarding? Administration Contribution Information Socialization Source: SuccessFactors ‘Research Guide the team Flawless and delightful experience Empowered managers quickly engage new hires Automated legal and corporate compliance Develop the talent Seamless integration to talent processes Engaged new hires from the get-go Connect the players Faster path to employee productivity Connected new hires, even before the first day
- 14. © 2014 SAPSE or an SAP affiliate company. All rights reserved. 14 Aberdeen Group on SuccessFactors SuccessFactors Onboarding provides more guidance for the hiring manager, strong socialization capabilities and integration to the rest of the talent processes. Combined, these features can have a significant and positive impact on new hire productivity, engagement and retention. “ ”
- 15. © 2014 SAPSE or an SAP affiliate company. All rights reserved. 15 SuccessFactors leads the Magic Quadrant for talent Gartner “Magic Quadrant for Talent Management Suites” by Ron Hanscome, Jeffrey Freyermuth, Yvette Cameron, June 2014. This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from SuccessFactors. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. Magic Quadrant for talent management suites: Helping enterprises manage the key processes of plan to source, acquire to onboard, perform to reward and assess to develop.
- 16. © 2014 SAPSE or an SAP affiliate company. All rights reserved.