According to the 2012 Allied Workforce Mobility Survey, employers lose an average of 23 percent of all new hires within their first year. Among those who stay, one third of employees don’t meet expected levels of productivity.
These are alarming statistics. They indicate that new hires are not receiving the quality guidance and onboarding they need when starting a new position. It also means that you, the employer, are probably spending far more in hiring costs than you need to.
Onboarding new employees should be a priority initiative for your HR team, because it can have a dramatic impact on retention, productivity, and future hiring success. While there’s no single magic formula for successful programs, there are a couple of fundamental ways to get it wrong.
Experienced candidates might hit the ground running on their job’s technical aspects. However, they’ll still have plenty of basic questions they need answered: “Can I help myself to a stapler, or do I need to fill out a requisition form?” “Is this organization’s culture built around email communication, or should I speak to people face-to-face?” “Where’s the bathroom?”
Most onboarding programs are designed to give information that the organization prioritizes, like the company history, executive bios, and corporate mission statements. While this information is important, your programs should also incorporate the needs of the employee. If you want new hires to feel more welcome, make sure they have an “office buddy” — someone who can set up their workspace and show them the lay of land. The earlier you can integrate the new hire into your company’s culture, the more productive they’ll be.
Not setting clear goals and milestones
Believe it or not, only 39 percent of companies set clear goals and establish milestones for new hires. Yet without clear performance criteria, employees may end up with too much or too little work, or perform tasks in a way that upsets the apple cart. So take the time to show them how you do things, and be open to suggestions if they know how to make a process cheaper, faster, or better.
Preparing the team is critical in this process, especially if another team member was overlooked for promotion. Managers can smooth away lingering resentment by explaining why the new hire was selected for the job. It helps if you can establish a set of team goals and objectives to help the new hire — and the team as a whole — succeed.
Successful onboarding requires viewing your organization through the new hire’s eyes. Quickly integrating them into company culture, and preparing the troops for the new arrival, allows the team to gel — and that can lead to higher-level functioning, greater collaboration, and increased productivity.