3 vital reasons why business owners should get the new hire experience right
Don’t let a shoddy onboarding process turn new employees off.
These days it doesn’t take much for employees – especially the talented ones – to find a reason to move on, and fast.
New hire experience matters, not only to them (they want to feel valued, challenged and supported in the job from day one), but to you. Of course, you want long-term tenure, high productivity and to save your business all the hidden costs of hiring, right?
So, one of the easiest ways to get the new hire experience right, is to use an onboarding process that transforms and innovates the way new employees are involved and managed. It’s about creating long-term employee engagement and growth.
The result? Employee satisfaction is higher, plus you have a much greater chance of:
- Retaining your staff for longer
Retention is an ongoing issue for many employers. Millennials’ are leaving their employers twice as fast as those from older generations, according to the US Bureau of Labor Statistics. So, the quicker you can engage, support and understand your new employee, the more chance you have of keeping up job satisfaction and therefore longer-term employment.
- Enjoying better productivity
It takes an average of one year for a new hire to reach full productivity, according to Allied HR’s 2012 Workforce Mobility Survey, which is why getting the onboarding process right is so important – losing multiple employees within a year of their start date would mean your business never reaches its full potential.
- Saving your business thousands of dollars
It’s no secret that hiring and onboarding new experience costs. There’s a raft of hidden costs of employment – superannuation, public holidays, workers compensation insurance and payroll tax just to name a few. Using an industry leading HR management system, with the most up-to-date and engaging onboarding techniques, can help stem the fallout from high staff turnover and ultimately improve the long-term success of your business.
DiffuzeHR is transforming the way SMEs approach HR by giving them access to an easy-to-use, cloud-based system (and the smarts) to systemize and simplify, ramp professionalism, and gain proactive control. DiffuzeHR helps SMEs by allowing them to minimise risks, reduce legal fees, decrease time spent on admin, attract and retain staff, and leverage best-practice, industry-specific HR and legal expertise in a way that is simple, easy, and efficient.
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