Good news! You’ve found the right candidate who accepted your offer letter! Now it’s time to onboard that person in a positive way which may help set the tone for his or her entire experience at your company. First Impressions Count!
Did you know that the average company is losing 1 in 6 of their new hires each month within three months of hire? The average cost to replace an employee can run as much as two times the annual salary. Let’s not forget the effect on morale and productivity, as well as lost insider knowledge.
Onboarding is the best way to begin positive new employee engagement and boost overall retention rates.
The Aberdeen Group reported that 66 percent of companies with onboarding programs claimed a higher rate of successful assimilation of new hires into company culture, 62 percent had higher time-to-productivity ratios, and 54 percent reported higher employee engagement.
Most companies start the onboarding process before the new employee begins employment. Rather than having a stack of papers waiting for review and signature, an efficient onboarding system provides a portal that the new employee can access from his or her home computer or mobile device to complete the process before starting with the company.
An effective onboarding system is one that is designed specifically to make your new hire process easy and streamlined by eliminating manual, paper-based processes in favor of a proactive task oriented, self-service solution!
Imagine your new hire forms (including offer letter, employment screening FCRA consent form, background check processing and reports, welcome letter, training schedule, etc.) are stored in one place for easy access.
Then imagine the benefits to your new hire of an automated, mobile friendly, easy to use onboarding system that engages with proactive tasks and reduces the amount of time the candidate spends in the process.
To see how CARCO’s Onboarding Solution can help your company ensure that each onboarding experience is a positive one and to see a demo of our software, click here or call a CARCO Specialist at 866-557-5984.