New employee onboarding is the process of getting new hires adjusted to the social and performance aspects of their new jobs quickly and smoothly. It is the process through which new hires learn the attitudes, knowledge, skills, and behaviors required to function effectively within an organization.
The Bureau of Labor Statistics (BLS) reported that more than 20 percent of workers leave their new employer within the first 45 days. That kind of turnover is expensive and time-consuming. If it becomes a problem in your organization, it can also create negative perceptions about your company that can spread through the industry and hinder your ability to hire and retain great people.
Virtually every type of organization uses onboarding for new employees. Within an organization, human resources executives, business owners, upper management, and middle managers are involved in helping onboard new employees. Onboarding is typically tailored for each industry, especially for jobs with high turnover rates.