Proper onboarding is crucial for employee acclimatization; poor onboarding leads to disengaged workers, high turnover rates, and detrimental effects on company culture and finances.
Notably, the financial cost of poor onboarding can be substantial, with the Society for Human Resource Management (SHRM) estimating turnover expenses at 6 to 9 months' salary of the departed employee.
When employees are inadequately trained, they often lack the direction necessary for their tasks, resulting in mistakes, project delays, and ultimately a loss of revenue for the organization.
The negative impacts of ineffective onboarding extend beyond the new hire to impact overall organizational productivity, morale, and the workload of existing staff.
Collection
[
|
...
]