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New Employee Onboarding In A Tough Economy
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To integrating a new employee with a company or department, and its culture onboarding is a systematic and comprehensive approach. As contributing members of an organization's workforce they need to become productive, getting the new hire the tools and information.
A well-designed, fun and engaging onboarding process has a significantly greater affect on employee engagement and thus retention when compared to the old school mentality of one-day "orientation." In fact, The Human Resources Corporate Leadership Council found that increasing an employee's level of engagement could potentially improve performance by 20 percent and reduce the employee's probability of departure by a whopping 87 percent!
Have no fear if you're one of the many organizations that are still partaking in orientation days packed with endless paperwork and videos and new hire checklists! It may seem like a daunting task to develop an Online Onboarding program at your organization but it doesn't have to be.
Making the onboarding process even more streamlined and enabling organizations to quickly and easily automate a formal onboarding process for employees beginning even prior to day one, many onboarding software solutions exist. To help introduce new hires to a company's culture onboarding software provides automated workflows and task management tools, electronic forms management, and socialization features. Making it much easier to manage, technology solutions for onboarding take away the administrative burden of the process.
Like a valued part of the workforce and get them up to speed on the job requirements so they can start producing quickly onboarding processes are meant to quickly help new employees feel. Onboarding helps companies retain the talent they worked so hard to recruit, and keep them motivated and satisfied with their decision to join that company, in the end saving costs in training, turnover and bottom line revenue.
Onboarding in Tough Economy
During times of economic strife, such as we're experiencing today, organizations are being forced to focus less on recruiting and onboarding and more on working with the employees they have. However, It is still a major concern for many companies for having a proper onboarding process and a system for automating and managing that process.
When times are tough, industries change as companies fight to survive through mergers and acquisitions. What happens when a company acquires or merges with another and Human Resources is faced with the daunting task of onboarding hundreds or even thousands of employees in a single day?
Having a proper employee Onboarding process and technology solution in place to automate tasks management and workflows, facilitate electronic forms completion, and socialize employees into their new environment is a must. Additionally, in the unfortunate event of layoffs, onboarding software should even be able to make the process of offboarding employees a smoother transition.
Making sure that employees affected by mergers or acquisitions maintain moral, engagement and productivity during these changing times is crucial to the organization and its ability to ride out a tough economy. Increasing an employee's level of engagement could potentially improve performance by 20 percent.
Automating forms and tasks management are key to managing an effective onboarding process. Several organizations have achieved best-in-Class results automating their processes uncovered costs savings and productivity gains that significantly impacted their organization's bottom line. Being able to cut costs and improve employee moral are crucial during tough economic times.
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