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A large percentage of companies have in place a formal process of integrating a new employee into an organisation called onboarding, yet only 27 per cent companies are satisfied with the outcomes, says a study.
According to a Simplilearn and People Matters research study that covered 106 organisations in India, 93 per cent of companies have a formal onboarding process, yet only one in three companies is satisfied with the outcomes of their current onboarding programs.
"In this age of digital transformation where upskilling is a critical focus, it was surprising to observe that only 24 per cent of the companies leverage technology in onboarding," said Krishna Kumar, Founder and CEO at Simplilearn.
The top areas where technologies are being leveraged in onboarding programs include orientation (57 per cent), constant communication during pre-boarding (46 per cent), first-day experiences (45 per cent), goal-setting and expectation management (44 per cent), and training and assessments (36 per cent).
The study revealed that it takes 3-6 months to train campus hires and make them productive for the job. Hence, it is necessary for organisations to begin their onboarding right from the time the campus hire accepts the offer (pre-boarding).
"Onboarding is often overlooked as a formality rather than a key strategy to ensure well-performing new employees become productive and culturally aligned in an organisation," People Matters CEO and Editor-in-Chief Ester Martinez said adding "it offers a great opportunity to augment competitive advantage by creating a committed talent pool that gives the desired performance".
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)