From Hire to Retire: How to Manage Employee Lifecycle for Talent Retention
Discover effective strategies for Employee Lifecycle Management to enhance talent retention, from initial brand attraction to final advocacy.
After going through the process of recruitment, you'll proceed to employee onboarding. You have put a lot of effort into hiring the best candidate for the position, so you need to make sure that they'll be comfortable enough to stay in your company for a long time. In a recent report, 77% of newly hired employees who went through a formal onboarding process hit their performance goals.
Welcoming your new employees through the onboarding process is one way for them to become familiar with the workplace environment. The onboarding process continues until your new employees have settled down and fully adjusted to their respective teams. Onboarding can be an effective process to improve new hires' productivity and loyalty.
Newly hired employees need a few introductions about the company history, values, culture, mission, and goals. An onboarding effectively familiarizes every employee with the company's overview up to details such as their expected daily work environment. The effectiveness of onboarding benefits both new employees and the company overall.
Set goals at the get-go with your human resource department to keep track of the employee’s progress, performance, and future promotion. The HR team is responsible for helping your employees grow with the company by offering career development opportunities, managing expectations, and keeping an engaging and inclusive company culture. A great onboarding process can be the answer to increase employees' engagement and loyalty in the company.
Face-to-face interaction with the team members can help your newly hired employees be encouraged that they are important and valued to be part of the company team. Your new employees must meet with their new teams because they need to know their roles, responsibilities, and how they can support and contribute to the organizational goals.
Providing proper tools and training to your new employees is needed to perform their jobs with excellence. A personalized onboarding training can efficiently prepare the new employees for their specific roles, making them valuable contributors to the company.
Training on their specific role through an actual job learning experience and the company-provided knowledge can guide your new hires to have defined roles. Your new employees will be aware of how their roles will fit the team and the organization. An onboarding process will motivate them to stay and remain on the job with their best effort.
Checking the effectiveness of your onboarding program will let you know if it's working or not. Measuring the standard of the onboarding process can provide insights into what is and isn't working. To assess your company's onboarding program, you may refer to the 4Cs:
The mission of having an effective onboarding program can be tricky. But don't worry because not all companies have a formal plan for the onboarding process. However, failure to make a formal onboarding process checklist can significantly impact how employees see your company.
Taking care of the essential things before the new hire's first day is a must-have on your checklist.
The goal on the first day is to make the new hires feel relaxed. Here are few things that you should include in your onboarding checklist for Day 1.
After the amazing first day of the new hires, you have to continue your goal. During the first week of the onboarding process, help the new employee get familiarized with your company culture and encourage them to become productive as soon as possible. Here are some things to take note of:
While the process of settling in for your new employee is ongoing, it's still important that you check them from time to time. Giving them enough support by providing training that will improve their work ethics and productivity can significantly impact their performance. Here the things you should focus on with their first few months in the company:
When your employee finishes up their first year at the company, their onboarding process will conclude with an annual review. The purpose of the first annual review is to make you and your employee look back and make future goals. Here are some things that you should include in your annual review:
A comprehensive onboarding process checklist for your onboarding program can be part of your company culture. The purpose of onboarding is to engage your employees in the company culture to exhibit prosperity and growth personally and professionally through your organization. Developing your new employee onboarding checklist is the key to the future success of your employee relations.
If you are looking for a high-quality system for your HR needs, check out Lanteria. As part of the core HR features, you have the ability to manage onboarding and offboarding employees. Reach out today for a demo!