1 IN EVERY 25 NEW EMPLOYEES LEAVE THEIR JOBS AFTER A BAD FIRST DAY.
What do new hires think of your company after their first day on the job?
Making a good and lasting first impression is as important for companies as it is for new hires. Studies by the Society for Human Resource Management (SHRM), indicate that firms with strong onboarding programs experience 31 percent less turnover.
Here are a few ideas you may wish to utilize:
1.) Preboarding. Provide new hires with information about the company and use online forms to obtain required employee information before they’re even in the door on their first day.
2.) Have a structured onboarding process. Discuss training, mutually agreed milestones, assessments and other important topics. Select an enthusiastic discussion leader.
3.) Assign a mentor. New employees appreciate an insider’s view to help navigating the company. The bigger the company, the more complex the process. Create a mentoring program where seasoned employees show new hires the ropes.
4.) Make room for safe failure. No transition is easy. Make sure that during the early days new employees are given autonomy, with a safety net in the form of a mentor, partner or back-up colleague who can catch issues before they get out of hand. Provide plenty of immediate feedback so that new employees can learn from their mistakes.
According to SHRM, the average cost of hiring a new employee is almost $60,000, so it’s important to consider investing in an onboarding process that focuses on building long-term employees. Making your employees feel welcome from Day 1 is a big part of getting them to stay at your firm. Make your new hires’ first day a great one!
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