Free Tool for Successful Onboarding

August 21, 2012 at 3:41 pm

How important is a good onboarding plan to your organization’s success?

According to the 2012 Allied Workforce Mobility Survey, it’s critical.

Consider these statistics:

  • 25% of new employees leave in the first year
  •  Only 66% of employers include training in onboarding
  •  Only 41% have new hire workplace meetings
  •  Only 39% include milestones and goal setting

A comprehensive, well-constructed onboarding plan can make a huge impact on the success of your new employees.  That translates to increased productivity and retention.  When you weigh the cost of onboarding with the potential cost of replacing employees, it becomes an easy choice.  Replacing an employee can cost up to twice their annual salary.  Onboarding doesn’t have to be expensive – it just has to be well-planned and well-executed.

Our new Onboarding Worksheet provides you with a template for including all of the critical elements:  training, goal-setting and communication. It’s fully customizable to fit your specific program (but we’ve filled it with examples to get you started).  If you want added depth and strength in your plan, Compass offers Onboarding Services as well.

Additional Information:

Employee Turnover Caused by Bad Onboarding

How a Solid Onboarding Process Can Help You Improve Employee Retention

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