New Hire Onboarding: Take a Pulse to Increase Employee Retention
APRIL 10, 2018
A key factor in employee retention is onboarding. According to a Korn Ferry survey, 98 percent of respondents said onboarding programs are key to keeping employees. And frankly, onboarding programs are reasonable in terms of cost per employee. I’ve seen articles estimating the cost to onboard an employee as low as $100. HR Onboard says the cost to onboard a new employee is $400. There are several ways to measure the effectiveness of onboarding.