According to Bersin by Deloitte (2014) 22% of new hires leave their jobs in the first 45 days. Some businesses have put this down to their ineffective onboarding practices. In a US based survey, only 40% of respondents felt their onboarding practices were effective (Swart, 2016). Often too much emphasis is put on sorting out the paperwork rather than creating a seamless engaging onboarding journey.
This article was originally published on HR Daily.
Many employers needlessly fail to realise even modest returns on investment from one of their biggest employment costs, new research shows. An employee benefits study of 100 multinationals, conducted by Flare HR and CEB, found two in five spend 10% or more of their total employment costs on employee benefits.