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First impressions leave a lasting impact. Employers have an average of 44 days to “make or break” a new joiner, according to a survey released by cloud-based human resources platform BambooHR.
According to the survey, roughly 44% of new hires express regrets or second thoughts about their new position within the first week of employment, and 23% cry.
These statistics show why an effective induction and onboarding process is crucial for new joiners to stay, especially for individuals entering the workplace for the first time.
Let’s look at the differences between an induction and onboarding and how they contribute to fostering a positive workplace environment.
Induction serves as the initial opening for new hires, offering a warm embrace of the company's culture, values, policies, and fundamental procedures. It's similar to a cordial handshake, setting the stage for a new chapter in the employee's journey. Induction is often a one-day event in the first week at the new work.
In contrast, onboarding goes beyond the boundaries of a single day, encompassing a holistic journey towards full integration within the business. It equips new hires with the tools, resources, and support necessary to thrive in their roles and contribute meaningfully to the business.
The success of any business hinges on the efficacy of its onboarding process. Businesses that implement a formal onboarding programme see 50% better retention and 62% more productivity among new hires.
Practical tip: Our brain craves certainty and the more detail and relevant information you can share before day one, the more it supports the transition into the new job.
Practical tip: Ask for feedback from recent new hires and consider how you can improve the onboarding process. This ensures you continuously make relevant changes to the onboarding process.
Practical tip: Create an opportunity where the senior leadership can informally meet and answer questions, for example arrange a CEO breakfast with the new hires. A personal story from the CEO means a lot more than just a PowerPoint presentation. If the company is a remote-first organisation, arrange informal happy hours with the new team members.
Practical tip: It can be useful for the line managers to have a standing huddle meeting every week with the new joiner for at least the first month to eliminate any uncertainties about their role and also be clear about expectations. This also already allows for an ‘open door policy’ from the onset.
As Amy Edmondson asserts, "It is a shared belief that the team is safe for interpersonal risk-taking." Psychological safety is vital in fostering an environment where employees feel empowered to voice their thoughts, ideas, and concerns without fear of reprisal – even new hires from their first day.
Incorporating this principle into the onboarding process cultivates trust, collaboration, and innovation from the outset.
If leaders and managers are clear in their communications that all opinions are welcome... then the new hire will feel they belong, that their views and experience are respected and welcomed and that they make a meaningful contribution.
While onboarding lays the groundwork for success, it's merely the beginning of the employee journey. Consider all the touchpoints for employees; the first payslip, the first one-on-one meeting, the conversation around the extension (or not) of the permanent contract, performance feedback conversations, the first career discussion, etc. Continued support, development opportunities, and a culture of continuous learning are essential for retaining top talent and driving long-term success.