Whitepaper:
Reimagine the onboarding experience
Traditional onboarding has always had a definite start date and end date. The new employee arrives for their first day on the job, excited to get started. Unfortunately, they are overwhelmed with a firehose of content, often being asked to cram months of knowledge into a few days, leaving them vulnerable to the curve of ‘forgetfulness’.
By the second day after training, they’ve likely already lost a staggering 70% of the information they learned. When the firehose of information is turned off, new employees are often left to fend for themselves with little or no continued support.
Research suggests that up to 20% of new employees can leave a job within the first 45 days if onboarding fails to deliver on expectations and the cost of replacing an entry-level employee is 20-50% of the person’s annual salary.
Your talent and recruitment team may have done a great job of promoting your organisation’s EVP to attract great new talent. The question is, does your onboarding programme provide an experience that lives up to your EVP? In most cases it doesn’t.
Done well, onboarding can generate significant savings in terms of reduced speed to competency, reduced cost of programme delivery, reduced recruitment costs, and a decrease in opportunity costs linked to employee churn.
Find out how you can reimagine your onboarding process in a new whitepaper by Capability Group, where you can look forward to knowledge on:
- Issues with how onboarding is currently conducted (and the ‘Capability Cliff’),
- How we can fix onboarding – 7 real and tested solutions,
- Case study on transforming traditional, face-to-face onboarding to a blended learning model.
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