Onboarding is like a first date — so what are you doing to impress your new hires?
Employee onboarding is the first impression a new hire has as an official member of your company. A shocking number of companies that sink thousands of dollars in recruiting new talent spend very little time or money on employee onboarding once a new hire has signed their contract.
In order to truly understand the importance of employee onboarding, we’ve put together 50 must-know onboarding statistics for HR professionals and explained their impact to your company’s overall health and longevity.
Looking for onboarding statistics regarding a specific area of your business? Use the links below to jump ahead:
There are several factors that play into successful employee onboarding. As an HR professional, your role is to keep things running smoothly. But what are other HR professionals and employees saying about their experience with onboarding?
Ready to find an onboarding program that does the heavy lifting for you? Discover which onboarding software can help you get the job done.
Onboarding plays a large role in the retention of employees. Without a comprehensive onboarding process, your organization could be at risk of losing new employees before they even get settled in:
|Tip: Curious why employees quit? Read about employee turnover and how to prevent it.|
The cost of employee turnover due to poor onboarding affects more than your talent pool: it could be causing your company to bleed money. Read more about the financial costs associated with onboarding:
TIP: Remember to give your employees guidelines and instructions for all software. More than half of employees are unhappy at work due to the software they use. Track how your employees are using software by activating your free G2 Track account.
Onboarding sets the tone for the rest of the employee experience. A poor onboarding experience can lead to a disengaged workforce and decreased performance. Read more about how onboarding can impact the rest of an employee’s time with your company:
|Tip: Learn more about the importance of employee engagement and how you can improve your current talent management strategy.|
Onboarding a new employee can be expensive and time consuming, but the data doesn’t lie. When you put the effort into creating an onboarding experience that prioritizes employee education and success, you’ll see the benefits. Less new hire turnover, increased employee engagement, and overall savings toward your bottom line.
Lauren is a Content Marketing Team Lead at G2. You can find her work featured on CNBC, Yahoo Finance, and on the G2 Learning Hub. In her free time, Lauren enjoys watching true crime shows and spending time in the Chicago karaoke scene. (she/her/hers)
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