The success of your team begins with your onboarding process. If this isn’t done right, you’ll have to deal with low-quality work and decreased employee productivity. Read more about how the right onboarding process can help you achieve your business objectives.
Key Takeaways:
- Millions of employees are resigning from their jobs, leaving businesses with makeshift teams
- A good onboarding program attracts top talent to your business
- First impressions matter in employee productivity
- Teams are more successful when they connect with a business’s culture and values
- The right platform can maximize the success of your team
As surprising as it may sound, talent scarcity is real. It’s one of the major challenges businesses face today. Sadly, there’s no sign of it ending soon.
In fact, people are quitting their jobs faster than businesses can employ them. In January 2022, for instance, close to 4.3 million employees resigned from their positions. It’s what we’ve come to know as the Great Resignation.
Luckily, a well-structured onboarding process can minimize employee turnover and boost the performance of your hires. In addition, it improves employee retention by 82 percent, so it’s your best bet to build a successful team for your business.
Below, we’ll expand on how effective employee onboarding improves the success of your whole team. Let’s dig in.
5 ways effective onboarding improves team success
Improves talent attraction
According to Digitate, 20 percent of new hires won’t recommend an employer if they don’t have a positive onboarding experience. Though 20 percent doesn’t seem all that significant, negative employee opinions can affect your company’s reputation.
Today, prospective job candidates check review sites and community forums before applying. Negative comments about your company will likely repel valuable talent from the market. As a result, you may only end up with desperate candidates who are unqualified for the job.
But a great onboarding program changes that. It translates into happy employees, and a happy employee will almost certainly leave a great review about your business. You can then attract top talent for vacant positions in your business.
If you’re confident about your onboarding program, you can ask employees to leave reviews on sites like Glassdoor and G2. You can also establish an employee referral program to quickly connect with talents from your employee network. It’s fast, effective, and inexpensive.
Increases employee productivity
Finding employees who come into a business and hit the ground running can be difficult. This is understandable. It’s a new environment, and they have yet to adjust to your organizational setup.
According to the Allied Workforce Mobility survey, it may take up to a year for new hires to reach max productivity. But that’s time you may not have. One way to speed up this process is through employee training through an onboarding program.
According to a study by Brandon Hall Group, companies with a strong onboarding process improve productivity by 70 percent. This means decreased time to adjust to the work environment, a clearer picture of organizational goals, and a drive to achieve those objectives.
Unfortunately, not many businesses have an onboarding program that manages employee productivity. They lack meetings to discuss organizational goals, employer–employee meetings, and even employee training.
Having these elements in your onboarding process motivates new hires to excel as it shows they’re a part of your business. For instance, knowing there’s room to grow in your organization can boost employee morale to achieve organizational goals faster.
Increases employee engagement
Employee engagement is an essential tool to improve the success of your team. It helps you grow loyal employees. This, in turn, reduces employee turnover and its accompanying costs. But there’s more to it.
According to McKinsey, employee engagement boosts productivity by 25 percent. Meaning the more engaged the employee, the more likely they are to work hard. After all, people work hard when they believe in what they’re doing and feel like they’re part of it.
To top it all off, an engaged workplace records nearly 20 percent more sales than an unengaged workplace. That’s more revenue directed at your business.
There are various ways to make your onboarding process engaging:
- The buddy system
- Training courses
- Activities and games
One of the most popular ways to promote engagement in onboarding is to assign a buddy. This will be their go-to person if they have a query or a problem. A buddy helps the new hire connect to your business environment seamlessly as they show the new employee around.
Alternatively, you can pre-enroll new hires in tailored company training. This way, they can learn the basics to familiarize themselves with your work process. An example of a training course system is Eduflow.
Eduflow provides new employees access to its products so they can assess their work process. The new hires sign up, take a course, and provide suggestions on improving the product. That’s engagement from the start!
Improves new hire first impression
Employee onboarding presents a golden opportunity to leave an excellent first impression on your new employees. In fact, it sets the tone for their experience with your business. If you get it right from the onset, you’ll win yourself loyal and productive employees.
Remember, employees are resigning from jobs faster than employees can hire them. With these many vacancies on the market, prospective candidates can easily join a competitor brand if they don’t like your program. It’s all about that first impression.
Show new hires you care for them from the onset. For example, you can institute frequent check-ins, employee development programs, and even establish an open-door policy. These simple acts speak volumes to a new hire.
Additionally, you need to show your new employees what you’re all about. Share your vision. What do you hope to achieve as a business? What steps are you taking to accomplish those goals? Also, what are your core values?
If the new hire can connect with your company’s vision and beliefs, you’re on track to build a successful team, which brings us to our next point.
Builds a better company culture
To establish yourself as an expert in your industry, you need to maintain a company culture. Google, for instance, provides flexibility in employee work hours and freedom to approach tasks how they see fit.
This culture will likely attract top talent as they’ll appreciate the opportunity to show their full potential. Consequently, there’s more creativity in operations and more productivity.
So, what are you offering your new hires? Freedom to be creative? A growth mindset? Dedication to employee satisfaction? Whatever the case, you need to be clear about your culture as a business.
Truthfully, most business owners don’t have the time to create and manage an onboarding program. Running the day-to-day operations of a business can be overwhelming. That’s why most business owners and founders hire dedicated services for the job.
How DOXA can help with your employee onboarding
DOXA is an excellent option for small and medium-sized businesses (SMBs) looking to maximize their success through better employee onboarding. This way, owners can focus on growing their business.
DOXA’s mission is to help SMBs build high-performing scalable teams that deliver. What’s more, DOXA equips SMBs with the tools, resources, and infrastructure to compete with larger companies in their industries.
You can book a free consultation to learn how DOXA can improve your onboarding process and maximize the success of your whole team.