eBook sponsored by Able
Onboarding. It’s a laborious, complex, and monotonous process, with serious consequences for errors and oversights.
The average US employer spends $4,000 and 24 days hiring a new worker. Bad onboarding increases both of those numbers. First, good candidates drop out of the process, then you’re faced with the cost of vacancy, the loss in productivity, and the impact on morale. Bad onboarding can be a greater drain on your company than it might initially seem.
But challenges breed opportunity. Companies with strong onboarding practices can improve new hire retention by 82% and productivity by more than 70%.
In this eBook we’ll take a look at strategies that will see you capitalizing on onboarding opportunities, rather than being weighed down by onboarding challenges.