of a well-structured onboarding process
of a poorly structured onboarding process
Onboarding ranks #2 with the highest business impact of all 22 HR practices
(BCG)
71% of US companies plan to increase hiring over the next 12 months
— yet only 32% of companies have a formal onboarding process in place
(The Aberdeen Group)
72% of managers,
81% of administrators,
75% of employers
believe they do not have a good onboarding process
(Ragan)
Only 25% of employees worldwide feel connected to their company’s mission and 50% do not find meaning or significance in their current role
(O.C Tanner)
98% of new hires who don´t receive feedback during their onboarding period fail to engage
(Gallup)
Yet only 40% of companies set milestones or set goals
(Gallup)
69% greater new hire engagement when managers set goals
(Gallup)
66% of organizations claimed a higher rate of successful integration of new hires into company culture
(The Aberdeen Group)
54% saw significant gains in employee engagement
(The Aberdeen Group)
3xmore likely to feel comfortable after their first day
2xas likely to still feel comfortable later in their first year
(Ragan)
90% of new hires decide whether or not to stay at the company
(Bersin Deloitte)
(The Impact Instruction Group)
66% stay longer than 3 years
(US Department Of Labor)
83% of the highest performing organizations began onboarding prior to the new hire’s first day on the job
(The Aberdeen Group)
11.5% improvement in employee performance
(The Recruiting Roundtable)
20% increase in hiring manager satisfaction
(Trident Consulting)
Time to productivity is halved, 54% quicker
(Interactive Services)
It typically takes 8 months for a newly hired employee to reach full productivity
(Gallup)
Average cost to fill a position is $11,000 yet almost 30% of companies spend $0 on onboarding
(HR Allied IQ)
For entry-level employees, between 30-50%
For mid-level employees, upwards of 150%
(The Recruiting Roundtable)
218% increase in income per employee
(Huffington Post)
Corporate revenue & profit margins: 2x growth
(Boston Consulting Group)
78% of organizations saw an increase in revenue (1 in 3 saw increases of more than 10%)
(Brandon Hall Group
