The Hidden Costs of Poor Onboarding 💸
Did you know that over 20% of staff turnover happens within the first 45 days of employment? 😱 That's a lot of wasted recruitment efforts.
A robust onboarding process is your secret weapon for retention and engagement. Onboarding really, really matters. According to SHRM research, 69% of employees are more likely to stay with a company for 3 years if they experienced great onboarding. Not only that, Glassdoor research suggests new hire productivity can be improved by 70% with strong onboarding processes in place.
But currently… about 12% of employees strongly agree their organisation does a ‘great job’ of onboarding (more Gallup research).
Sounds like an opportunity, right?
If you're looking to revamp your onboarding process and boost retention, reach out.