Attracting and retaining talent has become a hot topic of late because of a thriving job market. Human resources professionals want to have a well-planned orientation for a new team member to ensure success for everyone involved.
As seen in the previous well-being blog "Improve Employee Retention", it costs 30-50 percent of an employee's salary to hire their replacement - and could be up to 400 percent depending on the position.
This means when bringing on a new team member, return on investment is critical. The process begins before day one and is ongoing. A thorough and thoughtful on boarding process can help improve employee retention, and help new hires feel more comfortable and connected in their new position.
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Transitioning, at any point in your career, can cause stress and anxiety. During the onboarding process it is crucial to review resources the employee can use to get help. A robust Employee Assistance Program can help solve employees issues that are affecting performance. What does a robust EAP program look like?
What is your return on investment and people? If you're not sure, look to Ulliance. For nearly 30 years Ulliance has been helping employers reduce healthcare costs & improve productivity by delivering a comprehensive suite of services that keep your employees emotionally and physically fit. We call them - Complete Workforce Services.