Jun 25 in ๐ Research and Reports
Onboarding Impact Highlights
An effective onboarding process is essential to the success of any organization. Here are key statistics showing its impact:
* Great onboarding can improve employee retention by 82%.
* Structured onboarding can lead to a 60% year-on-year revenue improvement.
* Employees with good onboarding are 18x more committed to their employer.
* Only 12% of employees agree their organization has a good onboarding process.
* 78% of employees would stay longer if they have a clear career path.
* 20% of staff turnover occurs within the first 45 days of employment.
And even more statistical data:
* 53% of HR executives indicated that good onboarding boosts employee engagement rates. (Source: SkillRoad)
* As much as 20% of staff turnover occurs within the first 45 days of employment. (Source: SHRM)
* Organizations with effective onboarding have 33% more employees feeling engaged. (Source: Bamboo HR)
* 25% of companies lose up to 60% of their workforce within a year. (Source: Enboarder)
These statistics underscore the critical importance of optimizing your onboarding process. Effective onboarding not only enhances employee retention and commitment but also boosts organizational performance and revenue.
Source: Oak Engage
โ How do you evaluate your onboarding process? Have you conducted your own research or surveys on its effectiveness?
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Onboarding Impact Highlights
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