4 Business Benefits of a Robust Onboarding Strategy
A well-structured onboarding process is more than just a formality; it's a strategic investment in your organization's success. And the state of onboarding still has room to improve. In fact, more than a third of organizations don’t even have a formal or strategic onboarding process at all. And those that do can, at times, be quite ineffective due to a lack of strategy and resourcing behind them. Thirty-five percent of companies have a $0 budget for onboarding, and 53% have onboarding processes that are under a week in length. Your employees deserve better, and the organization will be better for it.?
The benefits of a strong onboarding strategy
By establishing and continually improving your onboarding practices, you can:
Enhance employee satisfaction and retention
A positive onboarding experience sets the tone for an employee's entire tenure. When new hires feel welcomed, valued, and supported, they are more likely to be satisfied with their jobs and committed to the company. This, in turn, can lead to lower turnover rates and reduced costs associated with recruitment and training.
Increase productivity and performance
Effective onboarding helps new employees quickly become productive members of the team. By providing clear expectations, training, and support, you can accelerate the learning curve and ensure that new hires are able to contribute meaningfully from the start. This can lead to increased productivity, improved quality of work, and better overall business outcomes.
Realize real business benefits The market is clear about the benefits of a strong onboarding strategy.
Let’s check the facts:
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Employee Satisfaction
It’s clear that having a structured onboarding process is essential in order to increase engagement, reduce turnover, and create a stronger culture and morale across the company. But it’s equally important to have a process that works for new hires.?
81% of new hires say they feel overwhelmed with information during the onboarding process, so controlling the flow of information and reducing that chaos and overwhelm will be key for effective information absorption, retention and learning.?
Why Happeo for Onboarding?
Starting a new role is a major transition, regardless of the onboarding process, so it’s essential to provide necessary support to reduce overwhelm and mobilize new employees to be engaged and excited in their new role and at your company.?
That’s where Happeo comes in.?
Happeo’s features and platform approach make it the ideal platform for implementing an interactive and engaging new hire onboarding experience. Here’s why:
Ready to learn more?
Download the full Happeo onboarding guide, The Power of an Effective Onboarding Strategy: How Happeo Gets New Hires Informed and Up to Speed Faster, to discover more about Happeo can power your onboarding strategy and your entire organization.?