HR managers are dealing with staffing issues across the country in a harsh economic environment.
Those new hires who accepted job offers during the stimulus-fueled hiring boom want on-boarding that will get them up to speed, productively functioning, and feeling good about their employer decision. The urge to make an early impact is considerably greater for fresh hires.
In this post, we’ll examine four crucial on-boarding metrics that may be used to assess how well your on-boarding procedure is preparing new hires and identify any areas in which improvements may be necessary.
The Importance of On-boarding
In other words, the stakes are really high. According to studies, efficient on-boarding shortens the time it takes new hires to become productive and lowers the number of workers who leave their jobs within the first three to six months. More than 2.5 times as many new hires who assessed their on-boarding as “outstanding” felt that their workplace was “very satisfying.” HR is now under obligation to make the most of investment in new hires and avoid expensive turnover even if the average tenure of a U.S. employee is currently 4.1 years. Your finest staff will stay with you longer, you’ll see less turnover, there won’t be any disruptions at work, and you’ll save time.
Systems for Onboarding Simplifies Metric Tracking
What is measured is controlled. Today’s companies depend on on-boarding technology that streamlines processes, gathers essential data, and automates jobs, making it easy to assess effectiveness. Technology for onboarding can speed up manual tasks and paper work, such as:
- E-signatures
- Paperwork for new hires
- Individual welcome emails
- Checklists for IT
- Envelopes of welcome
- Policy education
- Automated reminders for deadlines
- Administration of secure employee data
The following 4 quest onboarding metrics should be monitored
New Employee Job Satisfaction Poll: The level of employee satisfaction reflects how positively your employees see critical workplace elements. Employees that are satisfied go above and above the bare minimum; they are content with their jobs, benefits, pay, and more.
Measure productivity throughout time: The time it takes for a new employee to fully integrate with their team and start performing their job duties is known as the “time to productivity” (TTP). New hires will be able to quickly contribute to the goals of their team and the wider business with the aid of a successful on-boarding process.
Maintain a close eye on the mood generally: It’s crucial to keep an eye on employee morale as new people join your organization, especially during times of fast expansion.
Voluntary (and Involuntary) Turnover Assessment: As your business expands, turnover rates are crucial indicators to monitor. Unexpected increases in voluntary departure are a sure sign of trouble, but you may be able to prevent them by tracking measures related to employee happiness, engagement, and morale on a regular basis.
With the aid of Filly HR’s onboarding tools, you can assess your progress over time and remove the element of guesswork from the process.Fill out a little questionnaire that will help us get to know you and get started right away. If you want to determine if Filly HR is the correct choice for you, our team can walk you through a free, no-risk demo!
