“Onboarding provides Human Resources team with a gold mine of opportunities to engage their employees with relevant content about the company, get them assimilated culturally into the organization and build an organizational or career roadmap for them to enable them to envisage a long-term future with the company.”
There has been a huge paradigm shift towards HR Tech in recent years with all functions of Human Resources⎯Talent Acquisition, Performance Management, Employee Rewards and Benefits, Exit, Payroll, Attendance, and what not. The way enterprise solutions have taken over how business functions are performed, and Human Resource is no exception. The choice is simple⎯automate business processes or get left behind by the competition.
Amongst the hassle of daily HR functions being automated in the HR Tech domain, the Onboarding and Pre-Onboarding phase of a new hire’s journey often gets neglected. A survey conducted states that 22% of organizations do not have an onboarding program in place while more than 50% are not completely satisfied with its implementation and results.
Trendy employee experience can be one of the major aspects of onboarding that helps new hires achieve organizational milestones. However, employers and HR Communities alike are not much familiar with this term. Employee experience is the encapsulated feeling that emerges while working at an organization especially during the time of onboarding and based on an employee's observations. It is the view of the relationship between the individual and the organization. The journey of creating employee experience starts from the time of interviewing and onboarding the candidates. Employee experience is not static. Organizations need to focus on employee experience to create a journey for the employee that not only makes work feel like their second home but also drives improvement in key HR metrics such as engagement, retention, and productivity.
Why Look at Onboarding heading into 2020?
Let’s break it down. Organizations that are looking at Onboarding to improve overall HR and organizational efficiency are going to benefit in ways more than one. Leaders in Human Resource would agree that enabling new hires – irrespective of seniority – is one of the biggest challenges that the HR Function is faced with. In the Indian Subcontinent itself, around $5 Billion are spent on keeping unproductive employees who do not understand their roles. Not only does productivity decide the course of how that Department or team is performing, but it also sets the predicament for how much time and money is spent on training and enabling these new hires.
From an engagement perspective, Onboarding provides Human Resource with a gold mine of opportunities to engage their employees with relevant content about the company, get them assimilated culturally into the organization and build an organizational or career roadmap for them to enable them to envisage a long-term future with the company.
A survey conducted by KPMG in 2018-19 showed that ‘the average annual voluntary attrition is 13.1 % for 2018-19’. Considering that 20% of this attrition takes place during the first 45 days of joining, successful Onboarding can go a long way in achieving a significant reduction in early attrition and consequently drive up the average retention period of an employee. The work of an organization’s Talent Acquisition and Recruitment team can be undone just because Onboarding is not being taken care of.
Best practices to make a positive impact on Onboarding
Successful onboarding is often the missing link between a successful new hire or not. With the exorbitant cost of hiring and talent shortage looming across the business leaders should recognize the fact that integrating new hires in the organization is a crucial step to make them successful. Used with proper structure and involvement from key stakeholders, structured onboarding will result in a faster learning curve, more engagement with new hires and faster productivity. This is one investment that will continue to reap benefits for the long term.
Based on research across geographies, industries and size of the organizations, following emerged as ingredients of a successful onboarding program.
- A written plan for success – First 100-day plan, 30-60-90-day plan, etc.
- Stakeholder meetings – Pre-planned calendarized meetings
- Coaching and support – from reporting manager, HR, Mentor
- Online tools to understand policies, etc.
- Training – Skills, Behaviours, Processes, Products, etc.
- Regular Feedback and support
Employee experience and overall efficiency in processes can be an overpowering influence in the journey of a new hire that should not be ignored. A carefully curated experience right from the acceptance of the offer letter to the day of joining can create an overall experience that turns new hires into lasting employees who positively influence the top and bottom-line in an organization.
How MyJoining can help
MyJoining (www.myjoining.com) is an Onboarding framework that captures the candidate journey from the acceptance of offer letter till the end of the new hire’s Onboarding. Our penultimate aim is to be able to provide a double-sided benefit in terms of Digitization of Processes such as Background Verification, Forms and Documents, Asset Allocation, maintaining candidate files, and structuring an Onboarding plan with appropriate workflows and real-time reporting. The second facet is the engagement wherein the receptivity of the new hire in the initial stages is capitalized on and productivity gains are witnessed. We help with acclimatization, faster time-to productivity and cultural assimilation of the new hire.
In terms of business benefits, MyJoining can be leveraged for the enhancement of key pain areas of the HR Department including lower no-shows, preventing early attrition, stronger employer branding, enhanced learning and integrations with other modules of HR Tech to make Onboarding a seamless experience for the candidate and HR alike. In a survey conduced by us with various HR Leaders and Industry Practitioners, one key finding was that more than 95% of the respondents wanted more visibility into the Onboarding process and predictive analytics in terms of candidates that are likely to join. MyJoining gives complete visibility and control to the HR function.
Manuj founded Orane Consulting in 2009 and with his remarkable leadership, he has defined the strategic direction of the Company, establishing Orane a strong player in SAP Services, Product Development and digital transformation. He understands the unique challenges and opportunities across Hi-Tech, manufacturing, utilities, transportation, aviation, financials, insurance, hospitality and services industries. Having more than two decade of experience in client interaction, identifying client business needs, challenges, forecasting requirements, he is seen by the customers as a trusted advisor providing appropriate business solutions and digital strategy. His leadership style encourages entrepreneurial culture that is goals driven, based on respect for people, freedom of thought, expression and action along with globalized business processes, practices and organizational structure that help create transparency and drive accountability within the organization. His leadership is evident in the progressive work environment at Orane, where qualified and experienced people bring depth and maturity while retaining focus on flexibility, innovation and integrity which are the core elements of the entrepreneurial DNA of the organization. Manuj holds a Bachelor’s in Mathematics from HNB University and a Master’s in Business Administration from Institute of Management Technology. LinkedIn | Click here to find out more about MyJoining capabilities.
Re-defining Recruitment with Instahiring!Sanjoe Tom Jose
11 Dec 2019 at 03:00 PM
Employee Empowerment: A Business-Critical RequirementAndy Davies
Vice President of APAC, People First
20 Nov 2019 at 10:00 AM
HR Onboarding: Drive Organizational Success Going Into 2020Manuj Gupta
CEO , Orane Consulting (MyJoining)
07 Nov 2019 at 10:00 AM
Choosing the Right Champions: How ONA conquers the Change Adoption TrapFrancisco Marin Mayer
Co-founder & CEO, Cognitive Talent Solutions
15 Oct 2019 at 10:00 AM
People FirstAndrew Britton
03 Oct 2019 at 10:00 AM
HRMS for SMEs: It's a need, not a want!Sriram Iyer
Founder & CEO, hrtech.sg
26 Sep 2019 at 05:00 AM
How Mobile Apps are Transforming Human ResourcesKC Kwa
28 Aug 2019 at 07:00 AM
Simplifying Employee Bonus ProgramsNaveen Veda
16 Aug 2019 at 11:00 AM
Will machines replace your job in the future?Djoann Fal
Co-Founder & CEO, GetLinks
19 Jul 2019 at 05:00 AM
Establishing Agility in HRNigel Lim
Co-Founder & CEO, Payboy
08 Jul 2019 at 09:00 AM
6 months and the role is still open. Now what?Tulika Tripathi
28 Jun 2019 at 10:00 AM
Strategically Scaling HR with People AnalyticsDaniel West
Founder & CEO, Panalyt
19 Jun 2019 at 06:00 AM
How to hire the right people, the right way and fast?Riku Malkki
05 Jun 2019 at 10:30 AM
The interview is dead, long live the interviewOmer Molad
Co-Founder & CEO, Vervoe
22 May 2019 at 07:30 AM
It’s About Time Recruitment Got AutomatedEmmanuel Crouy
Co-Founder & CEO, GrabJobs
15 May 2019 at 05:00 AM
Recruitment Redefined: A Game-Changing Way to Attract Top TalentPaul Keijzer
Co-founder & CEO, The Talent Games
07 May 2019 at 09:00 AM
Is Machine Learning the recruitment Gamechanger we’ve been waiting for?Shana Lynde
Co-founder & CMO, Janeous
29 Apr 2019 at 01:00 PM
Performance Management – Desperately calling for Open Minds!!!Souvik Majumdar
Founder & CCS, GroSum
22 Apr 2019 at 12:00 PM
Unleash the Power of TeamsRudi Ramin
Co-Founder and CEO, Grow
15 Apr 2019 at 05:00 AM
Snackable self-paced learning for the modern (deskless) workerJames Chia
Co-Founder & CEO, ArcLab
09 Apr 2019 at 10:00 AM
Onboarding should be a Pleasure, not a Pain.Vijay Veera
Co-Founder & CEO, Digidesk
01 Apr 2019 at 10:00 AM
The Science of HiringKek Sei Wee
25 Mar 2019 at 11:00 AM
Digitally Engage Your Mobile Workforce for Better Business ReturnsAndy G. Schmidt
Founder & CEO, Beekeeper Communication
15 Mar 2019 at 03:45 PM
Dining Out On HR TechnologyRichard Hanson
18 Feb 2019 at 10:45 AM
Performance Appraisal is NOT Performance Management. Make it continuous, make it holistic.Shankar Krishnamoorthy
Co-Founder & CEO, Synergita
11 Feb 2019 at 12:45 PM
The Tech Of Tomorrow is already here: Artificial Intelligence in RecruitmentTeam Wantedly
29 Jan 2019 at 10:15 AM
Ready! Get Set! BOT!Jian Hong Tan
CEO & Co-Founder, Su-Ette
18 Jan 2019 at 04:15 AM
Where’s the Human Touch in Recruiting?Sujo John
Business Head, Monster.com
10 Jan 2019 at 04:30 AM
HRTech Stack recommendations for Start-upsAdrian Tan
02 Jan 2019 at 05:00 AM
Creating a Culture Of WellnessChris Teo
26 Dec 2018 at 03:00 AM
Technology & Culture: Two sides of the same coinDN Prasad
Founder & Executive Coach, Noetic Step
17 Dec 2018 at 03:00 AM
Singapore’s HRTech Start-ups attract more VC funding in Sep 2018!
01 Nov 2018 at 03:00 AM
100 HRTECH Start-ups in singapore and still counting
29 Oct 2018 at 03:00 AM