Is your company struggling to retain employees despite successful hiring?
Is your company struggling to retain employees despite successful hiring?
Learn from IBM’s effective onboarding and retention strategies.
IBM faced high turnover rates, which negatively impacted productivity and increased rehiring costs. Retaining employees proved to be a bigger challenge than hiring them.
To combat high turnover, IBM implemented a robust onboarding program that provided continuous support and clear career pathing for employees.
??Comprehensive Onboarding: IBM’s onboarding program included detailed orientation sessions, mentorship opportunities, and continuous training to help new hires integrate smoothly.
??Career Pathing: Clear career paths were established to show employees their potential growth within the company, enhancing their motivation and engagement.
??Continuous Support: Regular check-ins and support systems were put in place to address employee concerns and provide guidance.
Benefits:
??Reduced Turnover: These initiatives reduced turnover rates by 25%, significantly decreasing the need for constant rehiring.
??Improved Morale: Employees felt valued and supported, leading to higher morale and job satisfaction.
??Cost Savings: By reducing turnover, IBM saved millions in rehiring and training costs, allowing more resources to be allocated to employee development.
IBM’s comprehensive onboarding and career pathing strategies demonstrate the importance of continuous support in retaining employees. These efforts not only improve retention rates but also enhance overall productivity and morale.
Enhance your employee retention with effective onboarding strategies.
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