According to a recent Wall Street Journal article, workplace turnover is expected to increase over the next five years to levels many companies have never experienced. This makes it even more important to select the right people for the right positions, and keep them engaged so they stay with your organization for the long haul.
Effective on-boarding strategies bring new talent into an organization's culture, build a sense of belonging, and create a foundation of organizational commitment -- all while increasing retention and reducing turnover.
A formal and well-developed new employee on-boarding program not only impacts the new hire but also the organization as a whole -– both directly in terms of productivity, employee referrals, and retention, and indirectly, as far as employee satisfaction, culture, and safety. These can provide significant return on investment and contribute to both dollars gained and dollars saved.
On-Boarding for the Long Term: How to Make the New Employee Honeymoon Last
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