Your onboarding strategy plays an integral role in The Remote Employee Experience (TREE) by providing new hires with an intentional path forward laying the foundation for long-term success.
The ultimate goal for any high impact onboarding program is to quickly get your employees to feel welcome and prepared, thus the faster they can contribute to the organizations’ mission and vision. According to the Boston Consulting Group (BCG), onboarding is an influential factor in company success to the tune of 1.9 times the profit margin and 2.5 times more revenue growth than organizations with poor onboarding practices.
A great onboarding program not only helps increase profit margins it also decreases employee turnover in what appears to be a critical moment for each new hire to make a decision to look for other employment. Up to 20% of employee turnover happens within the first 45 days of employment. Intentional focus on these first 45 days can have an immediate impact.
After you have finalized your onboarding strategy, you must now carefully design your onboarding process that is rooted in program assessment and evaluation. As your organization continues to change your onboarding design must be specific but flexible enough to adapt to your organizational change.
We help organizations by first establishing a written plan that outlines the goals, duration, and deadlines that include measurable deliverables. Research has shown that organizations that have implemented a step by step process in a specific sequence have a much higher chance of success.
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