New employees could leave their jobs within 18 months or sooner, according to SHRM Foundation’s Onboarding New Employees: Maximize Success. And, the price tag for replacing those new employees isn’t cheap, as the cost-per-hire averages about $4,000. So, why then, do companies often overlook the critical role that onboarding—something that could cost as little as a few hundred dollars—plays in engaging new hires straight out of the gate?
While most organizations provide some sort of “day 1” orientation covering things like benefits, dress codes, introductions to other team members, etc., that’s simply not enough. To truly integrate new employees so they’re engaged and immersed in your company culture from the get-go, you need a strong onboarding plan in place.
Effective onboarding may last as long as a year and involves far more than a barrage of information about the organization. And, successful onboarding is integral to your ability to retain the talent. According to a survey by Korn Ferry, 98 percent of employers polled said onboarding is key for keeping their employees, which makes sense since new hires who feel welcome and like they’re contributing right away are more likely to be productive and stay with the company.
Join us on April 30 for an in-depth webinar on the best approaches on how to create your own onboarding plan to help new employees assimilate into your organization to boost engagement and retention.
You'll learn how to:
- Recognize how onboarding differs from orientation
- Define the goals of your onboarding plan generally and for each new hire
- Start onboarding in the most timely and effective manner—and how long it should last
- Involve all the relevant "key players" in the onboarding process relative to each new hire/li>
- Gather feedback and measuring the success of your onboarding plan
- And much more!
Register now to secure your seat to this all-new webinar featuring the latest insights on how to create an onboarding plan for new employees, define their goals, and ensure retention of quality new hires!
YOUR EXPERT INSTRUCTOR
Mary Anne Kennedy is the principal consultant at MAKHR Consulting, LLC, providing small- to medium-size organizations with HR systems and services focusing on staffing, leadership, and organizational development. Ms. Kennedy has held a variety of HR leadership roles in Fortune 100 and 500 companies including Yusen Logistics, Bristol Myers Squibb and Herman Miller high-end office furniture.
She is the author of “Finding the Right Job, a Step by Step Approach.” Ms. Kennedy is a sought-after speaker on a variety of HR topics, including coaching and mentoring, succession planning, performance management, reward and recognition programs, and career coaching.
Ms. Kennedy holds a Bachelor’s Degree in Social Science and has certifications in MBTI administration and DDI behavior-based interviewing.
This program has been pre-approved for 1.5 hours of general recertification credit toward PHR and SPHR recertification.
Business & Legal Resources (BLR) is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CP or SHRM-SCP. This program is valid for 1.5 PDCs for the SHRM-CP or SHRM-SCP.