New hire or new employee orientation training is an opportunity for new employees to receive information about policies, procedures, and benefits. Information is important for new employees, but it can be partial. New employees must be acclimated to the organization’s culture and the socialization process is critical to a new employee’s success.
This acclimation process is called Onboarding.
The onboarding process occurs approximately three to six months following the new hire orientation training. The end goal is to reduce the learning curve for professionals, jump-start their productivity, and prepare them for enduring success.
So, what kind of impact are we talking about?
- Reduced turnover at the end of the first six months
- Reduced turnover by up to 20% by the end of the first year
- Reduced turnover by up to 69% by the end of three years
- Better attendance
- Increased productivity
- Greater levels of employee engagement
- Less interpersonal conflict
- Increased feelings of acceptance
- More internal promotions
- Higher performance evaluation ratings
- Longer tenures
How does this sound so far?
Effective onboarding maximizes the new employee’s productivity in core functions, and increases the probability of new employees adapting to the organization’s culture and modeling the values of the organization. Employing the socialization component develops and fosters relationships, which encourages longer tenure and positions employees for enduring success.
Want help developing your organization’s onboarding program?
Onboarding: Maximize The Success of New Employees