Did you know that on average companies lose 40% of new hires in one year and that the attrition rate has been growing steadily since 2010? A recent survey suggests labor market conditions are to blame but to dig into the problem further, we see there are many variables at play. The largest of which starts with onboarding new team members.
Kelly O’Connell recently had an opportunity to share her thoughts with the Forbes HR Council. In her latest article, Kelly takes a positive and proactive approach by encouraging companies to explore how they onboard new team members, suggesting they focus on a smooth transition and invest in continuous engagement strategies:
“Your efforts to streamline and personalize the onboarding process will improve efficiency, reduce attrition, and promote greater workplace productivity and morale.”
“Seven Keys To Successfully Onboarding New Team Members,” Forbes Human Resources Council (blog), April 04, 2019, accessed April 08, 2019, https://www.forbes.com/sites/forbeshumanresourcescouncil/2019/04/04/seven-keys-to-successfully-onboarding-new-team-members/.
Talent acquisition strategies that employ a structured approach are the ones that create the most traction. Organizations that invest in their culture see the return on investment time and time again.
Are you investing in your talent through strategic measures? If you’d like to develop a more holistic approach to the onboarding and development of your team, we can help.