A company's most important investment is its people. The cost of employee turnover is exceptionally high. In fact, a company can spend between 16-20% of an employee’s annual salary trying to replace them! That’s why so many companies are investing in technology that will enhance the first impression and streamline the HR onboarding processes that are proven to increase retention.
If you’ve only got (on average) 30 days for new hires to decide if their job has long-term potential, you can’t waste the investment on out-of-date processes, disorganization, or inaccuracies.
Even before walking through the door on day one, a new employee interacts with many people and departments within your business. It's easy for him or her to quickly assess your company’s level of organization—or lack thereof. Read on for three steps to you can take to start improving the employee onboarding process.