It's not just about having a strong employer brand and effective talent acquisition strategy. Onboarding can also have a positive effect on retention.
For digital natives and millennials, consumer-grade efficiency and insta-communication is the norm. Unsurprisingly, they have high expectations in how they manage their working lives. By 2020, this generation will make up 50% of the global workforce. Offering a high-quality experience is important throughout the employee lifecycle, but particularly during the onboarding stage. Social media, web and mobile applications, cloud-based tools and talent acquisition software make this much easier to achieve. Smart career sites, which incorporate a range of these technologies, can deliver both a consumer-grade experience and sophisticated date insights, boosting talent acquisition sophistication and success. Providing a comprehensive onboarding programme means 58% of new joiners will stay at least three years. Organisations often think strong employer branding, supported by an effective talent acquisition strategy, is all they need for retention, but this isn’t always the case.