Human resource management can be tough, especially with the existing market competition for the right talent. From pushing innovation to inclusion to teamwork and collaboration, Digital HR will dominate all we do in 2022.
According to a recent survey, an average millennial stays at a job for nearly 6-12 months, 10-20 times less than Baby Boomers and Gen Xers. Since millennials make up some 75% of the workforce, it’s important to realise what millennials want from their work and employers. Also, 55% of millennials don’t feel fully motivated at work, and maybe as a result, about 60% are open to better job opportunities.
These days, several companies are investing more and more in modern infrastructure and other attractive perks to keep their employees. However, they miss the internal processes that shape company’s cultural core and impact employee retention. Digital employee onboarding is one such critical process.
Starting at a new company is an exciting time for most people. When doing their little bit research of the company and its culture, they look for one that matches their identity. These hires aim to start it big and prove their worth and blend into the team as quickly as possible. Instead, they often spend their first few days at a new job isolated and mired in paperwork.
In the world of digital disruption, verification and onboarding is a lot more than filling a pile of forms. When chalked out properly, digital employee onboarding can be very useful to foster loyalty in new employees and making them feel valued and engaged from first day itself. By digitizing the conventional employee onboarding processes, you create opportunities to focus on better employee engagement during the initial few days.
Onboarding and the Remote ‘New Normal’
Many workplaces today are taking the digital, candidate-first approach in the remote and hybrid work setup both, although a lot of onboarding is still obsolete and remains analog. Considering the convenience of how easily businesses can digitally onboard candidates/customers. It’s strange how large companies still struggle to modernise their processes that priorise their employees. Their onboarding processes not only undermine top talent’s expectations but reflect poorly on an organization’s culture.
Is your Current Onboarding Broken?
Most companies take a passive approach to onboarding, prioritizing tasks like completing the paperwork necessary for compliance and admin tasks such as IT setup. The information overload of starting out new can be overwhelming. Here are a few of the things that new hires need to get up to speed on.
When new hires are bombarded with a volley of information in the first week, it’s impossible for them to register everything.
Any well-planned onboarding process aims to familiarize the new employees with the company’s vision and culture. Infact, an ideal onboarding process should help to fully understand their role and responsibilities to fit into the bigger picture.
When a company doesn’t check to see if you’re doing fine or need any assistance, then they are left throttled. This makes them feel totally disconnected and unrecognised. This makes their stay in the company unpleasant, making them believe that their expectations will never be met.
Poor Onboarding Equals to High Turnover
According to a survey, poor onboarding equals to high turnover. 16% of HR managers said it lowers their company’s productivity, 14 % said it brings on greater inefficiencies and 12% said it leads to higher employee turnover. After you have spent a large part of your time in attracting new hires, its dissatisfying to let them feel useless and unnoticed. However, this situation can be avoided with the use of HR tech and automation.
Having an onboarding program is just to allow them a head start. Employees should always feel that they can learn and grow for an upward progression in their career. If they can’t foresee a direction, they’ll leave
It’s high time to choose an exceptional onboarding experience.
More than 83% of good companies start their onboarding process much before the candidate’s first day at work. This way, instead of the new employee being met by a pile of paperwork, they’re present forms and relevant documents that they need to complete and sign digitally.
Infact, several companies are bringing in employee onboarding portals, to personalize candidate experience, making it simpler, faster, and hassle-free. Get started with iBRIDGE powered by AuthBridge an AI-powered, end-to-end authentication tool, to create a seamless onboarding experience in the digital age. The idea is to keep focusing on employee success and fostering company loyalty instead of putting all the emphasis on data and compliance.