This article will delve into onboarding, how it differs from orientation, and why onboarding new hires is essential for the success of a company. When a company has great onboarding 69% of employees are likely to stay for at least 3 years. Meaning they are 5 five times less likely to leave compared to unengaged employees.

When employees are engaged 87% of them are less likely to leave their company. This decreased employee engagement costs companies large sums of money every year. Without proper onboarding procedures increases in employee turnover and loss of productivity occur. It also engages employees, creating workers that are committed to the company’s success and helps retain new hires by making them feel like a member of the team.Īccording to a survey conducted by Careerbuilder and Silkroad Technology (nine percent,) or 1 in 10 have left a company because of a poor onboarding experience, and 37% percent of employees said their manager did not play a critical role in their onboarding experience support.

Onboarding is important because it acclimates employees to their role, the company’s philosophies, and what the company has to offer.

Although this process takes a while, why is an effective onboarding process important? Why is the onboarding process important? During onboarding, employers train new employees for several months to familiarize them with the company and their roles.