By: ADP Canada
One of today’s most important strategic processes for employers, regardless of size, is employee onboarding. For some companies, it’s about “integrating a new employee with a company and its culture, as well as giving a new hire the tools and information needed to become a productive member of the team. For others, Onboarding is the last stage of the recruitment process and the first step toward (employee) retention.
Onboarding is clearly a pivotal experience both for employers and new employees. It is a prime opportunity for employers to nurture a new-hire’s interest in their new job and company. However, onboarding can also be a high-stakes experience for employers. By one estimate, a positive onboarding experience can increase (employee) retention by 82 percent, whereas a negative one doubles the likelihood that the new hire may soon look for opportunities elsewhere.