Recruitment is challenging in the current job landscape when talent is scarce and competition is stiff. But getting the best people on board is only half the work. You have to ensure a smooth transition for new hires into your workforce. Everything boils down to implementing an effective onboarding process. It entails completing paperwork, explaining operations, familiarizing recruits with corporate culture, and ensuring compliance. But you must think beyond the basics to create an excellent onboarding experience as it serves immense benefits to a business. Let us explain why HR managers and leaders should go the extra mile with it.
Higher employee engagement
Employee engagement is the mainstay of performance as engaged workers tend to go above and beyond in their roles. It leads to higher productivity and efficiency that drive profitability, lower absenteeism, and minimal turnover. Enhancing the onboarding experience leads to a smooth transition that fosters a connection early. It also keeps recruits aligned with the company’s mission, vision, and values. Work buddy practice and manager meetings are good ways to engage employees right from day one.
Better retention rates
Employee retention is a priority for organizations because it can save your time, effort, and money on hiring and training again. While you cannot avoid turnover altogether, you must focus on maximizing your employees’ lifetime value. A warm and robust onboarding process goes a long way in improving new hire retention. It makes the initial journey smooth, and recruits have no qualms or second thoughts about joining your organization. Ensure that the first day is about celebration, introductions, and early learning instead of complex paperwork.
You cannot expect a new hire to get going from day one, but it is possible to remove the productivity obstacles early. Following a proven onboarding checklist can help you achieve your productivity goals sooner than later. Ensure that the process includes goal setting, training and development, and frequent manager check-ins. When people understand expectations, they are in a better place to deliver productivity and efficiency early.
If you want new hires to recommend your employer’s brand, an excellent onboarding experience does it for you. Conversely, they will leave and spread the negative word if the journey isn’t smooth for them. So you must go the extra mile to give them the best to retain talent and attract more in the future. Additionally, you build a strong employer brand that sets you apart in the competitive landscape.
Stronger company culture
Beyond attracting and retaining talent, an excellent onboarding process gets your organization ahead on the culture front. Organizations are keen to invest efforts in building a positive culture because it has lasting benefits. Excellent employee experience from start to end contributes to the work environment, and day one is the best time to start. Share information regarding your mission, vision, and values, highlight employee success stories and showcase the benefits of working with your company.
A strategic employee onboarding process goes beyond printing out paperwork and giving presentations on core processes. It is more about engaging people and connecting with them. Although it takes effort to build an excellent experience, the benefits make it worthwhile.