This new employee research from great{with}talent shows how effective the employee induction and recruitment process is for new staff. These results can help inform onboarding new hires, recruitment and retention strategies in 2014.
How Effective is Employee Induction and the Recruitment Process
Not meeting the needs of new starters can lead to low employee engagement which in turn effects productivity and customer service. An effective employee induction and recruitment process can lower early attrition rates.
Moreover, by immediately disappointing new hires this can lead to high staff turnover rates. This incurs costs in recruitment, training and development plus any loss from low productivity.
great{with}talent has conducted research on 7,490 people who joined an organisation in the last 12 months. The below charts show the effectiveness of new employee induction and the recruitment process. (Click the images for more information.)
Read: Meeting New Employee Expectations 2014.
New Employee Induction Effectiveness
Participants noted several key factors for a good onboarding process. Firstly, registration on payroll including tax, bank details and so forth.
Secondly, a general introduction to the department and appropriate colleagues. Then orientation to facilities such as conference rooms, toilets, office supplies, drink machines and the like.
This was followed by security arrangements (pass, door codes etc.). All these should be included on an onboarding checklist for an effective employee induction.
It’s clear that some of these needs are not being met as a significant number of new starters listed their employee induction as poor (5.8%). Whilst almost an equal amount experienced an excellent (22.8%) and OK (22.5%) induction of new staff.
The aim is for all organisations to offer an excellent new staff induction to increase speed to performance. Moreover, lowering the staff turnover rates of new employees.
Read staff research: New Employee Onboarding in 2014.
The recruitment process experienced by new employees shows overall better results. Yet, there’s still some who reported theirs as poor (2.9%).
This can immediately start new employees on the wrong foot. The top issue listed was slow communications. Similarly, when feedback on performance was either sparse or simple, new employees gave a negative report on recruitment.
There’s evidently still room for improvement for many organisations. Improving this experience can allow companies to increase employee engagement from the beginning to make the most of their investment in recruitment.
Contact great{with}talent and increase “speed to performance” of new starters with this onboarding tool.
(Main image from Recruitment Agency Now)
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