9 surprising employee onboarding statistics by lesson.ly
TRANSCRIPT
1 New employees who attended a well structured onboarding orientation program were 69 percent more likely to remain at a company up to 3 years.
2 When new employee onboarding is done correctly, it leads to higher job satisfaction, organizational commitment, decreased turnover, better performance levels, career complementing, and lowered stress.
3 25 percent of companies admitted that their onboarding program does not include any form of training, program does not include any form of training, which leads to a loss of 60 percent of the entire workforce.
5 60 percent of companies indicated that they do not set any milestones or concrete goals for new hires to attain.
6 One multi-million dollar organization that engages in intensive onboarding during orientations has managed to move from 23rd place on Fortune magazine’s “100 Best Places to Work” to 15th place in 2010.
7 A combined 71 percent of a survey respondent list are currently in the process of updating their onboarding programs.
8 The 30 percent of businesses who continually update their onboarding programs are more likely to be positioned to respond to industry indicators and employee trends.
9 Organizations with a standard onboarding process experience 54 percent greater new hire productivity and 50 percent greater new hire retention rate.
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