With most employees deciding whether to stay or go in the first 6 months of a new job, effective onboarding is essential. Now more than ever, are you ensuring your new hires feel supported from day one?
A consistent and more robust onboarding program will reduce first-year turnover, decrease time to be productive and increase new hire engagement.
Now more than ever, are you ensuring your new hires feel supported from day one?
Here are some strategies to deliver effective onboarding for your employees.
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Research suggests organisations with a strong onboarding process retain new hires at an 82% higher rate.
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Employees rarely remember what they learned on their first day – but they do remember how they felt. New hires who receive meaningful recognition are 4.6x more likely to feel inspired and inspired new hires are 3.3x more likely to stay at their organisation.
In their recent Global Employee Experience Benchmarking study, the BI WORLDWIDE (BIW) Insights Lab surveyed 2,140 employees across 18 countries from organisations with at least 1,000 associates. Their findings showed how to better understand the current work experience, how to make it better for employees and how to create better outcomes for employers.
Comparing the experiences of those planning to stay versus those who were not, they were able to identify certain onboarding experiences that increase the likelihood of staying:
58% of those who experienced three or fewer of these onboarding practices plan to leave in the next year. The more experiences, the more that figure declines – down to just 4% of employees who experienced nine or ten of these best practices.
Getting employees on board with your company’s culture is not only beneficial to the employee – it can save you time and money in terms of training.
So, what contributes to a good onboarding experience? Here are three ideas to put into action.
New hires who are reminded of how their presence impacts the mission of their company are 2.1x more likely to want to stay.
Recognition facilitates connection with others, support, promise of career growth and connection to purpose. Both team and individual recognition impact the likelihood to stay (2.3 and 2.1x, respectively).
When celebrating your new hires, ask what they would need to be successful instead of simply anticipating. People want to be seen, and sometimes the best way to see them is to communicate with them. You can do this by building out personas for each of the roles in your organisation and asking yourself, “What would I need to succeed if I were in this person’s position?” Surveying these populations and empathising with their feelings and needs leads to more targeted recognition. The more personalised, the better – employees who feel like their managers understand them are 5.7x more likely to feel inspired at work.
Only 53% of new hires had their 1- or 3-year anniversaries celebrated. Those who did are half as likely to have recently searched for new jobs.
For many positions, it may also be appropriate to recognise 30 days, 90 days, or 6 months – reminding employees of their value and where they are on their journey.
You can supplement the experience with points, emails, celebrations on your employee recognition program or gifts shipped to their home. In addition, to make it easier on managers, you can automate this process, so your employees automatically receive notifications when it’s time to recognise their teammates.
It’s important to weave your organisation’s mission, vision, and values from the start, so your team members can feel connected from day one.
You can do this through pre-boarding or onboarding kits, having the team welcome the new employee or recognising the new employee.
Another way to ensure employees feel connected from day one is by having a designated onboarding buddy. These buddies can support new team members and help train and mentor them. They can also clarify tasks and roles and provide a safe place for the new hire to ask questions. By building connections early on, a new hire is more likely to feel a connection to the company as well.
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Just as an employee’s experience at a company is a journey, so is the process of supporting them. Make sure you are constantly auditing and reworking your process to meet the changing needs of your workforce. Feeling supported from the first day can inspire a long-term connection with your company and lower onboarding and training costs for your company, all great reasons to design the experience to be employee-centred from day one.
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