A company’s culture is its DNA. It’s what makes the company unique and what sets them apart from the competition.
Strong company culture can help to attract top talent, improve onboarding, encourage creativity and innovation, and boost employee morale. At the same time, harmful or toxic company culture can damage employees and lead to high employee turnover rates.
Key Culture Stats
– 50% of employees say they would not accept a job offer from a company with a bad reputation, even if it meant a pay raise.
– Organisations with a positive company culture have 72% higher employee engagement rates.
– Companies with a winning culture can see a 4x increase in revenue growth.
– Strong company cultures are linked to higher productivity.
Creating a strong company culture is essential for any business that wants to attract top talent, encourage creativity and innovation, and boost employee morale. But many people don’t realise that positive company culture doesn’t just happen organically – it needs to be actively cultivated. And one of the best ways to start is by incorporating your company culture at the early stages of the employee life cycle – the onboarding stage.
What is onboarding, and why is it important?
Onboarding is the process of integrating a new hire into a company. It’s a vital process that helps ensure that the new hire is suitably oriented and equipped to do their job, and it’s a crucial part of the hiring process that can make or break a new employee’s experience at your company.
Getting onboarding right can be challenging, but it’s worth the investment. Done correctly, onboarding can help new hires feel welcome, valued, and prepared to do their best work from day one. On the other hand, a poorly executed onboarding process can leave new hires feeling lost, confused, and unmotivated.
Key Onboarding Stats
– Research by Brandon Hall Group found that robust onboarding can increase retention by 82% and productivity by 70%
– Employees who attend a well-structured program are 60% more likely to remain at the company for three years or more.
– 70% of employees who had an exceptional onboarding process say they have “the best possible job”.
– Organisations with a well-thought-out onboarding plan saw a 60% year-on-year improvement in revenue.
Building a culture-oriented onboarding process
Despite the clear benefits of onboarding, only 12% of organisations are doing it right!
So, what does best practice look like when creating a culture-focused onboarding process? How can you ensure that your new hires have the best experience at your company?
There are a few key things to keep in mind:
- Communicate the company culture:
Remember, the goal is to make new hires feel like they’re part of the team. So take time to introduce them to the company culture and values, and help them get to know their co-workers. - Make it personal:
When it comes to onboarding, making things personal is critical. By assigning a buddy or mentor to your new hire and having regular check-ins with their line manager, you can help them feel welcome and supported. And there’s research to back this up: onboarding buddies have been found to help new hires better understand the organisational context, improve productivity, and enhance employee satisfaction. - Make it flexible:
When it comes to onboarding, one size does not fit all. That’s why it’s essential to make your onboarding process flexible to each individual’s needs. According to Gallup, addressing employee development during the onboarding process increases satisfaction by 3.5 times. And a study by Mercer found that 78% of employees would stay with their present company longer if they saw a career path during the onboarding period.
So, by tailoring your program to meet the needs of each individual, you can reap the benefits of higher employee satisfaction and attrition.
- Avoid the one-day ‘whammy’:
When onboarding a new hire, the last thing you want to do is overwhelm them with information overload. Try and spread out the onboarding process over a few days or weeks to limit the amount of information given at once and break down the onboarding process into manageable steps. This helps the new hire absorb all the information and gives them time to ask any questions. Plus, it’ll make their first few days on the job a lot less daunting!5. Get feedback:
Last but not least, getting feedback from your new hires about the onboarding process is essential. Ask them what they thought of the process, what could be improved, and how they feel about joining the company. This will help you to identify any areas that need improvement and strengthen your relationship by 91%.
Take advantage of technology!
There’s no question that onboarding is crucial for ensuring new hires are successful. But for an onboarding program to be structured, strategic and scalable, you need to go beyond the basics and join the 83% of employers who have already invested in an solution.
You can create a custom onboarding experience with the right tools to help new hires acclimate to your company culture quickly and effectively. From online training modules to onboarding forms and performance reviews, HR software can help you streamline every aspect of the process.
So, if you’re serious about creating a great onboarding experience for your new hires, invest in a good HR software solution.
How elementsuite can help you inject culture into your onboarding
Onboarding is a critical time for any new hire. It’s when they’re getting to know the company and its culture, and it sets the tone for their whole tenure. So how can you ensure your HR system infuses your company culture throughout the program?
Here are a few ways that elementsuite can help:
– Communication tools inform your new hires of your company culture and values.
– A platform where you can add a checklist of all the activities required for your new hires to stay on top of their onboarding progress.
-E-Learning tools to help your employees with a learning and development roadmap.
– Surveys and polls to collate employee feedback.
– Analytics tools to measure the success of the onboarding program and gain performance insights.
With elementsuite, you can be sure that your company culture is communicated and front and centre throughout the onboarding process!
Book a demo today to learn more about how elementsuite can help you onboard into the culture!
