Recruiting new employees is becoming increasingly expensive for businesses, and in an evolving job market, it is becoming more difficult to retain and find qualified staff. The high demand for specialists and many job opportunities make it common for an employee to leave for another company. This is especially true for new employees who have only recently joined the team. Therefore, one of the most important tasks of HR professionals is employee retention. One of the most powerful levers for managing retention is having the proper employee onboarding.
Onboarding is the process of familiarizing an employee with the workflow in a new team. Onboarding starts from the moment of introductory interviews and hiring and lasts for several first months of work. During onboarding, an employee gets acquainted with regulatory documents, job descriptions and other formalities. But the most important part is the integration into a new team. An employee must get to know colleagues and managers, learn about corporate culture, understand tasks and goals for the near future, and understand the specifics of working in the company (for example, the daily routine and internal rules).
You shouldn't load new employees with a lot of work tasks for the first time, it is better to give them the opportunity to acclimate into a team, make friends and explore the work process from the inside. This is especially important for young professionals who are just starting their careers. According to statistics, 86% of new employees decide to stay or leave the company within the first six months
. Consequently, employees who are satisfied with onboarding are more likely to stay with the company for a long time and become engaged employees.