This post is a follow up to my post titled “Employee Onboarding“.
Research reported on a recent Management Issues article titled “How to lose half your hires within a year” provides a bit more insight into the Employee Onboarding problem in the US. They report (bolded text is my emphasis):
A study by consultancy Novations has found a third of employers report that a quarter of their new hires leave within the first year, while more than a fifth carelessly lose nearly half of their recruits within the same timeframe.
The research, reported by SHRM Online, the website for the Society for Human Resource Management, found fewer than half of employers have a structured programme to help new recruits settle in, or “onboarding” as it is called.
Under a third of employers train their hiring managers in onboarding techniqures, with 15 per cent even leaving it up to their hiring managers to sort out all the paperwork.
Similarly, fewer than half give candidates a realistic job preview or provide interviewers with tools to help them evaluate a candidate’s skills.
While six out of 10 do follow a structured selection process, just 46 per cent establish objective hiring criteria for all open positions.
Can you imagine?
How much money is wasted every year by organizations by selecting employees and then just ‘throwing them to the sharks’.
You can read the SHRM article on this research at “Many Employers Admit They ‘Wing’ Support of New Hires“. Some other interesting stats from the research report are:
- 57 percent of all those surveyed have never had a performance review, or, if they did have a review, they found it neutral or not useful.
- 79 percent don’t receive career mentoring.
- Only 12 percent said their employer offers them a career path plan.
Other articles you may find interesting:
- The Hiring Challenges
- Blaine Collins on New Team Members
- Organizational Culture
- Follow-up to Organizational Culture
[tags] Organizaitons, Hiring Challenges, Employee Onboarding, Onboarding, Culture [/tags]