Onboarding is a key HR process that lays the foundation for a successful, long-term employment relationship. Yet few organizations do it well. According to research from Gallup, only 12% of employees agree that their company does an excellent job of onboarding new employees. A poor onboarding experience can significantly increase the chances that a new hire will seek other employment opportunities. The average cost of onboarding a new employee is around $4,000, and many organizations can’t afford the costs associated with employee turnover.
Manual onboarding processes are a leading cause of high costs and poor onboarding experiences. According to HCI, 58% of companies say their onboarding program is driven by processes and paperwork. With onboarding automation technologies, companies can reduce costs and experience the following benefits: 62% increase in new hire productivity and 50% increase in retention.
Benefits of automated boarding
Onboarding automation offers organizations a wide range of benefits, including:
Save time and simplify paperwork . Manual onboarding is paper-intensive, with employees having to fill out countless forms and staff having to review and file them. With onboarding automation, you can create simple, error-free workflows to eliminate paper-based processes. Employees can complete and sign documents online, and they will be securely stored and easily accessible by HR staff.
Improve the employee experience . Onboarding opportunity seekers automation makes it easy to provide employees with the information they need to ensure a smooth transition. For example, you can create a workflow that automatically sends organizational policies and training materials to the employee upon hire.
Improved Compliance . In many ways, the onboarding process is a compliance issue. Employers are required to obtain and maintain certain information about new employees. With onboarding automation, the chances of missing important items are greatly reduced, improving compliance with federal, state, and local laws.
Reduced onboarding costs . Automating onboarding helps eliminate repetitive and time-consuming manual tasks. This allows HR staff to be more efficient and focus on higher-value tasks, such as ensuring new hires have everything they need to succeed.
Access to knowledge . With manual onboarding processes, it can be difficult or impossible to collect and leverage data to gain actionable insights. Onboarding automation makes it easy to track each new hire’s journey in real-time. This increases accountability, reduces errors, and provides management with valuable insights to improve the onboarding process.
Start automating onboarding in your organization
Every onboarding automation process is unique. Every industry has its own requirements. And there are usually significant differences between onboarding in large and small organizations. Still, there are key steps to onboarding automation that apply to all organizations. And there are several areas you can focus on to start automating onboarding and get immediate results.
Guide to Boarding Automation
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