The failure rate for those New Year’s resolutions we make each year really isn’t good. In fact, a study by the University of Scranton estimates that 92 percent of them will fail. That’s because we tend to set unrealistic targets with intangible goals – we’ll commit to generally ‘getting fitter’ or losing ‘some weight’. Without realistic targets or a proper plan of action, our resolutions are predestined to fail. And we face this same kind of challenge when searching for ways to improve our businesses. It’s why the most effective business resolutions are those that focus on a specific area of company ‘flab’ with a ready-made solution. This is what makes employee onboarding an ideal area for improvement. This refers to the way that a business handles bringing in new recruits – the process of turning preferred candidates into new and happy employees.
It’s such a crucial period, one which sets the foundation for the future relationship between employer and employees. And yet, it’s a neglected area that’s managed with outdated systems. A 2017 survey of more than 4,000 office workers worldwide found that almost four in ten (39 percent) of respondents had experienced problems during their employee onboarding experience. These frustrations typically involved the slow and cumbersome process of having to complete and exchange paperwork. It’s a result of HR teams having to manually track and handle a multitude of documents. It’s an area where inefficiency can prove extremely costly. Just under half of HR decision makers say that complications during onboarding have resulted in the loss of preferred candidates.
It’s an area of ‘flab’ which can be easily targeted and removed by switching to an automated onboarding system. Webonboarding provides a cloud-based solution that streamlines the entire process. Like the best New Year resolutions, it’s a painless change that delivers significant and sustainable benefits. It does this by replacing manual and paper-based ways of working with automated digital processes. It allows a business to create a tailored workflow with each step of the onboarding process seamlessly integrated. Templated documents and three way processing between HR, hiring managers and onboardees ensures a smooth, fast and efficient operation. It provides a positive and confidence-boosting experience for new starters and it significantly reduces the administrative burden on HR teams – saving time and money.
With everything handled digitally, a company can start to track and monitor the efficiency of onboarding in ways that were not previously possible. Any blockages or delays can be identified and tackled immediately. So improving the way your business handles employee onboarding provides one New Year’s resolution that your business can stick to in 2018.