Employee engagement, productivity, and turnover can all benefit from good onboarding. Failure to start out on the right foot with new hires, on the other hand, might result in many of them leaving within months of being hired, wasting the high expenditure of recruiting top talent. When it comes to enhancing your profit margins, the onboarding process is becoming increasingly critical. It’s the process of teaching new employees the skills they’ll need to be productive members of a company. What effect does this have on ROI? The faster employees acquire full proficiency and can be deployed on a project, the better the onboarding process.
Use this handy calculator to discover the employee onboarding return on investment.