{"id":2465,"date":"2019-02-15T16:09:46","date_gmt":"2019-02-15T22:09:46","guid":{"rendered":"http:\/\/www.employco.com\/blog\/?p=2465"},"modified":"2019-02-15T16:09:46","modified_gmt":"2019-02-15T22:09:46","slug":"new-study-reveals-the-costly-woes-of-on-boarding-new-staff","status":"publish","type":"post","link":"https:\/\/www.employco.com\/blog\/2019\/02\/15\/new-study-reveals-the-costly-woes-of-on-boarding-new-staff\/","title":{"rendered":"New Study Reveals the Costly Woes of On-Boarding New Staff"},"content":{"rendered":"

Human resources expert reveals why so many companies struggle to keep new employees – and how to change that <\/em><\/p>\n

\"EmployeeA new study found that over 20 percent of people quit their new positions within the first 6 weeks of joining a company. Furthermore, the new research from Robert Half found that 93 percent of new employees consider leaving their jobs before the end of their probationary period.<\/p>\n

\u201cThe results found that 36 percent of people leave their jobs due to issues with \u2018onboarding,\u2019\u201d says Rob Wilson, President of Employco USA and employee engagement expert. \u201cYet many firms neglect to put much effort into acclimating their employees to their positions.\u201d<\/p>\n

Losing a new employee can be a financial hardship, thanks to the cost of recruiting and training employees, and it also creates a workplace that feels unstable and tense for existing employees.<\/p>\n

\u201cA revolving door of employees is a problem for a number of reasons,\u201d says Wilson. \u201cIt increases the risk of fraud and other crimes, but it also makes employees feel as though newcomers aren\u2019t going to stick around long\u2026ergo they aren\u2019t very welcoming or very thorough in their training, as they figure it\u2019s a waste of time.\u201d<\/p>\n

Wilson also points to the fact that searching for employees is very time-consuming and leaves other important tasks unfinished. \u201cA human resources team who is constantly focusing on finding new employees is doing so at the cost of caring for the needs of existing employees.\u201d<\/p>\n

So, what should companies do in order to ensure that their new employees stick around for the long haul?<\/p>\n

<\/p>\n

\u201cWorkers want to feel like they are joining a team, a team which is excited and eager about their arrival,\u201d says Wilson. \u201cThat is why on-boarding is so important: Not only because employees are learning the ropes, but because they feel like they are being seen as human beings of potential, and that they are being built up for optimal success.\u201d<\/p>\n

The employee engagement expert says that on-boarding should be done with intention and foresight.<\/p>\n

\u201cYou should chart out your employee\u2019s first 90-days with the company,\u201d says Wilson. \u201cYou want to integrate them into the firm via social engagements, in-office mentoring, and team building exercises.\u201d<\/p>\n

Wilson also says that company-wide activities like pizza parties or charitable efforts can help to boost morale and create a feeling of family amongst coworkers.<\/p>\n

\u201cTaking a half-day each year to go volunteer at a soup kitchen is a small and inexpensive way for employers to improve their community and their company,\u201d says Wilson.<\/p>\n

The President of Employco USA also says that compensation needs to be comprehensive and geared towards the needs of today\u2019s workers.<\/p>\n

\u201cFrom an economic standpoint, you need to think in terms not only of salary and health insurance, but also a total compensation package,\u201d says Wilson. \u201cThere are many benefits which today\u2019s employees are looking for, including whether you match a 401k, what is the value of the paid time off offered, along with medical, dental, vision and life insurance.\u201d<\/p>\n

Wilson also says that many companies are also now thinking outside the box when it comes to offering benefits to employees. \u201cWe work with firms which offer pet insurance,\u201d says Wilson. \u201cWhich might sound funny, but it is actually a major item of interest for interested applicants. Most Americans have pets and consider them part of their family, so offering insurance for these critters can go a long way in showing that you are a compassionate and concerned employer.\u201d<\/p>\n

Wilson also says that companies should consider offering tuition reimbursement plans, or paying a small amount each month towards the employees\u2019 student loans. \u201cToday\u2019s young people are coming out of college with massive debt,\u201d says Wilson. \u201cAnd firms which are dedicated to paying off these loans alongside their team will be a top contender.\u201d<\/p>\n

For more on this topic, please contact Rob Wilson at\u00a0rwilson@thewilsoncompanies.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Human resources expert reveals why so many companies struggle to keep new employees – and how to change that A new study found that over 20 percent of people quit their new positions within the first 6 weeks of joining… <\/p>\n

Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8,13],"tags":[],"class_list":["post-2465","post","type-post","status-publish","format-standard","hentry","category-human-resources","category-recruitment-solutions"],"featured_image_src":null,"author_info":{"display_name":"Employco USA","author_link":"https:\/\/www.employco.com\/blog\/author\/employcousa\/"},"yoast_head":"\r\nNew Study Reveals the Costly Woes of On-Boarding New Staff - Employco Blog<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.employco.com\/blog\/2019\/02\/15\/new-study-reveals-the-costly-woes-of-on-boarding-new-staff\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"New Study Reveals the Costly Woes of On-Boarding New Staff - 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