Finding a new hire isn’t so easy these days. Plus, it isn’t cheap either. On average, hiring a single employee can cost over $10,000. In some industries, that number can double depending on the salary of the person being replaced. That’s why you want to take the time to turn your new hire into a great employee – especially if you’re a small business.
It’s important to have a streamlined onboarding process. This not only makes a good impression on your new hires but makes the task of hiring simple for your staff. Fingercheck’s employee self-onboarding dashboard consolidates information to automate this process. Setting up common items like direct deposit and forms like W-4s and I-9s are populated automatically, enabling complete digital onboarding, eliminating paperwork, and reducing errors and audit risk.
Risks of a Poor Onboarding Procedure
Once hired, 56% of new hires consider leaving when issues arise during the internal onboarding process. It’s not a good impression to make or gives any new hire a good feeling. New employees are always excited about their new job and arrive on the first day ready to work. It’s important to be ready for them and have everything ready to go. Please don’t wait until after they get there to find a place for them to sit and update the passwords on their computer. Anticipate this day and prepare for it in advance.
Pace Yourself and Your New Hire
Any new hire needs to prepare and get mentally ready. There’s plenty for them to learn and absorb – so, give it some time. On the other hand, don’t overload them with too much at once. Doing so will undoubtedly overwhelm them and leave them feeling as if they won’t succeed. Often, this can be a motivation killer.
Instead, set milestones and training material in a structured way. Once an employee has completed training or a milestone, provide the next one and do so quickly.
Set Goals and Be Present
It obvious, but make sure each employee understands their goals and the overall mission within the company. It’s important to explain this and stay present in these early days of their employment. Too often, things are quickly explained, and new hires are left to figure things out independently. When this happens, bad habits develop, and goals become fuzzy. Avoid this and be present.
Setting up regularly scheduled meetings is a great way of accomplishing this. It also allows employees to offer their ideas and thoughts that can be very useful to your company. After a short time, your new hire will likely get the hang of things and be on their way to becoming a valued contributor to your company.