Onboarding is gaining a lot of traction in business lately – and for good reason. When implemented effectively, onboarding programs have been proven to dramatically reduce expenses by helping your new staff assimilate faster, stay longer, and deliver better. For mid-to-senior level managers who want to learn how it works - including best practices from companies that are getting it right – this presentation is a must-attend. Emily Bennington, coauthor of Effective Immediately: How to Fit In, Stand Out, and Move Up at Your First Real Job, will show you how to design and implement a successful onboarding program for your intern and new grad hires that will address both YOUR organizational goals and THEIR career planning needs. You’ve made a significant investment recruiting top talent, right? So keep the promise you’ve made during the hiring cycle and give them the best possible chance to succeed in your organization FROM BEFORE DAY ONE.
5. Q: According to Monster.com – what percentage of external hires are no longer with their organization after two years? I QUIT! A: 30 Q: According to the Bureau of Labor Statistics, two generations ago, the average person held SIX jobs in their lifetime. What is the average today? A: 11+ Q: According to the Bureau of Labor Statistics, what percentage of a person’s salary does it cost to replace them? A: 25% Source: Monster.com survey of 3,700 job seekers and 1,250 hiring managers.
6. When you spend a *%&^$ recruiting people, it sucks when they leave.
7. “Providing true early career support stands today as the single most important thing firms can do to energize new hires and gain their long-term loyalty and enthusiasm.” Mark A. Stein and Lilith Christiansen Kaiser Associates Coauthors, Successful Onboarding
9. Why onboarding programs fail. No one is directly responsible. Viewed as a checklist or “orientation paperwork.” Limited management interest or involvement. Material introduced is never reinforced later.
10. You know it’s bad when Microsoft doesn’t even acknowledge you as a real word.
12. Meet Robbie Student Senate President Voting member of his College Board of Trustees Vice President of Kappa Alpha Order President of Inter-fraternity council Member of his town’s 2015 Citizens’ Advisory Committee Omicron Delta Kappa Honorary Society Deans Scholarship Recipient Elks Teen of the Year Robbie went to work for the HQ of a MAJOR global nonprofit organization.
13. Every business must understand the shocking amount of turnover today isn’t about entitled new hires. It’s about disengaged new hires. The “carrot” of having a job isn’t enough anymore. Employees want to be happy at work, realize a great future, and feel connected to something bigger.
17. Which company sends new hires a Welcome Box of goodies, swag and this note? “There’s work and there’s your life’s work. The kind that has your fingerprints all over it. The kind you’d never compromise on. That you’d sacrifice a weekend for. You can do that kind of work here. People don’t come here to play it safe. They come to swim in the deep end. They want their work to add up to something. Something big. Something that couldn’t happen anywhere else.”
18. Give new hires the tools and resources to succeed, but do not hold their hands.
19. Better Idea: Distinguish between your value aspirations versus the ones currently in practice.
20. Better Idea: Help newbies manage through key “firsts” First administrative problem. First on-the-job mistake. First personality conflict. First real “win.” First time receiving negative feedback / constructive criticism. First public recognition (or failure to be recognized). First time new hire doesn’t know the answer. First company-sponsored social event. First time speaking up at a meeting. First presentation at a meeting. First client visit…etc.
25. When Do New Employees “Break Even?” Breakeven point = Net contribution zero Contribution 1 2 3 4 5 6 7 Months After Entry Source: Michael Watkins, Your First 90 Days
30. Cisco’s Onboarding program is called “Fast Start” and each new hire receives a peer sponsor (or “buddy”) as well as access to this online network of familiar faces. http://www.cisco.com/E-Learning/prod/curriculum/newhire/www/index.html
34. One YearSample Questions: Do you feel the company is meeting your expectations? Are you experiencing any difficulties with our technology? Do you feel like you have the tools and resources you need? Have you outlined strategic goals with your supervisors? Do you feel you’re making progress on those goals? NOTE: Someone needs to be held accountable for this!
35. “The only thing worse than training employees and losing them, is NOT training and keeping them.” ZigZiglar
37. Top Performers Like to Know Where They’re Going. A 2009 survey by Deloitte found that 40% of Gen X workers cited “lack of career progress” as a reason for their unhappiness on the job – ahead of job security and inadequate pay.
38. Success Story: Bank of America New hires identify important successes to aim for during the first 90 days.
39. Success Story: Larson & Rosenberger, LLP Each year, employees sign an “Expectations Agreement” with four parts: 1.) Employee establishes professional goals within the firm. 2.) Employee states personal goals. 3.) Employee states how firm can help them achieve both. 4.) The firm’s expectations of the employee are outlined. Employees receive quarterly bonuses based on the achievements made toward their agreements. L&R is a medium-sized accounting firm with 60employees.
40. Many complaints about underperformance really stem from poor communication and unclear expectations.
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42. Really wants to be in marketing New dad Seeks extra feedback Pottery lover Travel buff Looking for a mentor Hanson fan Onboarding Rule #4 Manage to the Individual.
46. Four Promises You Should Make Every New Hire 1.) You will work to develop them as people in alignment with company goals. 2.) You will give them the resources they need to do their job effectively. 3.) You will provide them with transparent and frequent communication. 4.) You will hold them accountable for clearly-defined high performance standards.