Onboarding has the ability to put employees up for success, but it may also raise turnover if done incorrectly. Employee onboarding may help firms retain employees and enhance productivity, both of which are critical as businesses continue to confront uncertainty and change. Employee onboarding helps to cut down on the costs of onboarding new employees. The extra resources saved may be used to boost employee retention by channeling them towards employee motivation. Effective onboarding practices in the workplace may help businesses save time and money. Employees are acclimatized to their position, the firm’s beliefs, and what the organization has to offer during onboarding. Increased staff turnover and productivity loss occur when suitable onboarding processes are not followed. Every year, firms lose a lot of money due to low employee engagement.

KEY LEARNINGS:

• Onboarding Process
• Tips to Remember
• Real-Life examples
• Reasons for frequent employee turnover