Onboarding is a process that every company tries to accomplish with ease, but sometimes transitions don't always happen as seamlessly as planned. A lot more goes into hiring and onboarding than many people might initially think, such as the high costs involved. Undersatnding these costs can help to explain why onboarding processes are so important and why having good, solid practices in place can actually drive down company costs. Scroll through our infographic to learn the statistics of onboarding and the benefits it can offer:
Onboarding is not a process that should be taken lightly. It needs to be thoroughly thought out and executed purposefully. If companies choose to bypass putting money into onboarding, they will likely not only lower their retention percentages (which can be extremely costly) but they will end up putting more money into hiring and training than necessary. Having an onboarding plan is crucial - make sure you do not skimp out on this aspect of business!
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