According to a KPMG study, "83% of all mergers and acquisitions (M&As) failed to produce any benefit for the shareholders and over half actually destroyed value". Why do so many mergers or acquisitions fail? May experts agree-- if the employees of the companies are not properly onboarded or corporate cultural hostilities exist, the m&a may be doomed from the start. Learn what can you do to protect your company and your people during this type of transition.
Did you know that an improperly completed or retained I-9 can cost up to $1100 per form? This can easily amount to thousands of dollars a year in fines. Arm yourself with the knowledge you need to fulfill all government rules and regulations so you can stay in compliance and prevent costly fees.
The first several days of a new assignment can be critical to an employee's motivation and retention rate. The socialization of onboarding can help to ensure success and engagement, and ultimately impact your bottom line.
Creating and implementing an effective on-boarding strategy is one of the most important things you can do to improve new hire productivity, retention and engagement of your workforce. But many HR professionals find it challenging to quantify the potential benefits and convince management to allot budget for the program and necessary technology. One-time form registration with WebX to view the archived webinar.
But just because budgets are cut, does not mean you can't implement improvements in your organization's onboarding approach. Through a creative combination of streamlining, light automation, and transfer of existing costs, you can justify the return on investment AND get a radical improvement in the onboarding experience and ultimately employee retention.
Engaging employees early in their career with a new company is essential to employee satisfaction, retention and performance. Learn how Best-in-Class organizations realize a 31% year-over-year increase in retention rates and engagement by utilizing onboarding software.
Moving into a new position of leadership is one of the toughest challenges people face. Nearly half of new leaders fail in their first eighteen months. Often, failure is the result of crucial mistakes made in the very beginning. These critical mistakes can be devastating for companies and leaders alike and can be avoided with proper onboarding.
The need to retain new hires and enable them to more quickly perform productively in their new environment has organizations looking beyond traditional new hire orientation programs and towards formalized onboarding strategies.
The first impression a new hire makes of their work enviroment is critical to improving retention rates and improving the company brand. A new employee that feels engaged in the company on their first day of work will have a greater incentive to stay. Successful companies must have a well defined, formalized onboarding process.
Improve and upgrade your onboarding process with these best practices that can help you inspire your new hires. Get them up to speed to start producing faster while improving employee retention and morale.
An integrated orientation program creates an immediate connection between new hires and the organization. Onboarding is far more than mere logistics. New hires do not fully commit to their new organizations for up to two months after starting. Orientation is the glue that cements the employment decision and confirms for the new hire that they have made the right decision. Today's new hires need more than just a paycheck to convince them to stay.