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Reduce employee turnover with onboarding ABCs

As the saying goes, you only have one chance to make a good first impression. Since 69% of new hires decide their future with a company based on their onboarding experience (1), managers and organizational leaders have a great deal of responsibility to get it right. Screen Shot 2014-12-15 at 12.07.11 PM

The stakes are high. Research shows half of all senior outside hires fail within 18 months (2) and 50% of all hourly workers leave new jobs within the first 120 days (3). Fortunately, 80% of organizations offer some form of onboarding (formal or informal) (4) to guide the transition from new hire to fully embedded employee.

However, as these strategies (and their results) vary, we’ve distilled best practices into 3 simple principles that we call the Onboarding A-B-Cs. This includes tips for communicating clearly and consistently with new hires—an onboarding activity that nearly 60% of PI Worldwide survey respondents considered the most critical to conduct within the first 90 days of hire.

Review the Onboarding A-B-Cs to learn how to effectively engage and develop employees beyond the new hire phase and ensure they become productive and long term contributors to your company. Download our Onboarding Coaching Guide to utilize in combination with Predictive Index® results to help managers lead structured conversations with new employees.

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[1] Aberdeen Research
[2] Brandon Smart, Topgrading
[3] Krauss, SIOP
[4] SHRM

Article from PI Worldwide.

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