All companies experience growth cycles as well as turnover. While the national average for turnover is about 25%, some companies experience more than that, and therefore need to be as efficient as possible when bringing on new employees. Onboarding is much more than just starting a new employee and hoping it works out. Ideally it should include: skills training, social adjustments, orientation, corporate culture clarification, company policies, written objectives and the adoption of technology.
The rush to get an employee productive doesn’t mean that any of these steps can be missed. Each plays an important role to ensuring a better result long term. An effective onboarding process can actually enhance ROI if it is planned, measured and automated to ensure consistency between each hire. Research shows that companies invest hundreds of thousands of dollars in technology to assist employees in their jobs, however only 30% is adopted. This creates a huge gap in what the company believes their employees are trained on and what employees actually know. The end result is higher costs and lower profits.
One way to solve this issue is through efficient and effective e-learning software solutions that deliver results that impact the bottom line. Is your organization up to speed on the latest technology tools in this area?