According to a recent survey, it was observed that 22% of companies do not have a formal onboarding program while a good 49% believed to have a ‘somewhat’ successful process.
New employees generally take some time to become productive as they tend to be more stressed, anxious and definitely feel a disconnection from the rest of the team. It’s also observed that 33% of new employees are likely to look for a new job in the first six months of starting and a good 22% will change within the first 45 days.
A good onboarding process helps manage the emotions experienced by most new hires, reduces the costs of employee turnover and increases general productivity. An employee that goes through a well structured onboarding process is 58% more likely to continue to be with an organization after three years.
Mandatory Training
Some companies have company-wide training programs from time to time, designed to educate their entire workforce on specific topics.
The variedness of these programs depends of course on factors like the company location or industry in which it operates. Programs include updating employees on regulations & policies, discussing occupational health & safety, diversity, workplace etiquette, and more.
For example, public sector employees often require to take occupational health and safety training, and some industry legislations require both private and public companies to deliver sexual harassment training to their employees.