Studies show that effective onboarding reduces the time it takes a new employee to effectively contribute to the business.
- 69% of employees are more likely to stay with a company for three years if they experience great onboarding.
- Research by Glassdoor has found that organisations with a strong onboarding process improve new hire retention by 82% and productivity by over 70%.
Candidate search and selection is only the first part of the recruitment journey. Employers need to give thought and attention to how they convert good job candidates into successful long term employees. A failure to do so means businesses are wasting their time and money on recruitment and selection in a challenging time.