Ideally, onboarding new hires at an organization should be a strategic process and should last at least one year to ensure high retention, say staffing and HR experts. However many companies approach onboarding as something that stops “when all paperwork is signed and the employee’s first day is complete”.
Newly hired employees are 58 percent more likely to still be at the company three years later if they had completed a structured onboarding process.
Aberdeen Group's study found:
66 percent of companies with onboarding programs claimed a higher rate of successful assimilation of new hires into the company culture
62 percent had higher time-to-productivity ratios
54 percent reported higher employee engagement
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