Having a strong onboarding experience for new hires can drive better employees. It's a proven company strategy that is underutilized. However, companies that execute this correctly have seen amazing results.
The statistics clearly show that investing in a robust, well-designed onboarding program pays dividends in terms of higher employee retention, increased productivity and job satisfaction. Effectively, onboarding lays the groundwork for engaged and committed employees who are more likely to remain with the organization.
Here are 7 steps to effectively onboard new employees and improve retention, backed by relevant statistics:
Pre-boarding, or engaging new hires before their official start date, can make a significant difference in setting them up for success. According to Aberdeen Strategy & Research, best-in-class organizations are much more likely to engage with new hires before they start compared to others. By sending relevant information ahead of time and getting new hires acclimated to company culture, you can start their journey on the right foot and make them feel fully prepared.
A one-day orientation is simply not enough. 49% of companies only include onboarding for two weeks, but research shows this is inadequate. Additionally, Aptitude Research states, "Companies must extend onboarding beyond the first 30 days." New hires operate at only 25% productivity in the first month, increasing 25% each subsequent month. Extending onboarding helps new employees ramp up faster and increases the likelihood they'll stay long-term.
Surprisingly, even though an effective onboarding process boosts retention and productivity - it's not enough. Using a standardized onboarding checklist and formalizing the process is crucial. Guide the new hire, their manager, and HR to ensure all bases are covered.
The Harvard Business Review recommends focusing onboarding on three dimensions:
An integrated approach enables employees to better understand their role, build connections, and ultimately thrive long-term.
Nearly two-thirds of organizations fail to include team leadership in their onboarding. By not involving leadership and setting clear expectation, there is a missed opportunity. Leaders should model expected behavior and help new hires understand how their role fits into broader goals. Clear role expectations from the start reduce the chance of new hires feeling misled and quitting early - 20% leave in the first 45 days when expectations aren't met.
nearly two-thirds of organizations fail to include team leadership in their onboarding.
Per HRChief.com, more than half of organizations don't measure the effect of their onboarding programs at all. This makes it impossible to identify areas for improvement. Gather feedback from new hires and examine metrics like time to proficiency. Continuously refine your process based on data.
With more remote work, effective virtual onboarding is critical. The top challenge for employers hiring remotely is remote onboarding. Use video tools for introductions, send materials and equipment ahead of time, and check in frequently to replicate the in-person experience as much as possible.
With an employee engagement platform that provides native audio, video, rich text editor, multi-channel communication, and a built-in employee directory, platforms like Commix.io can enhance employee retention and sense of belonging in order to help deepen connections with the organization.
We understand the challenges of attracting, retaining, and developing the right talent through effective company culture strategies. That’s why we built Commix.io, a Culture Engagement Platform (CEP) software that empowers leadership and stakeholders with the essential tools to identify gaps and strengthen organizational culture in a digital landscape.
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