The onboarding process for newly hired employees in any organization can be difficult, time-consuming, costly, and sometimes ineffective due to a lack of proper planning and structuring. This can lead to new hires being demotivated and finding it difficult to adjust to their jobs just because of poor execution of onboarding.
Specifically, in industries such as hospitality, retail, and construction, an inefficient onboarding process might prove to be dangerous if new hires are not taught as per their role-specific requirements. This may hit their confidence at the beginning of their employment and considerably impact the organization’s rapport and growth.
In one of the research projects by Brandon Hall Group, they found that a strong onboarding process improves new hire retention by 82 percent and productivity by over 70 percent. A well-defined employee onboarding solution can help organizations with executing a more strategic, efficient, and streamlined process that can improve new hire satisfaction, retention, and productivity. Hence a smooth-running onboarding process can help new hires start strong when they join in new organization.
It should be a priority for organizations to make their new employees feel welcomed and prepared. They need to find a way to revamp their onboarding process and make it more effective for new hires, hence the use of an Extended Enterprise LMS is a great solution.
The benefits Extended Enterprise LMS provide in onboarding practices
The use of learning management systems helps organizations to meet their overall learning & development needs however let’s see how an extended enterprise LMS caters to the specific needs of the onboarding process.
Providing initial knowledge about organization and job profile responsibilities
When someone joins an organization, they are supposed to be provided all details about the organization. A learning management system is a centralized place where all the essential information like the organization’s & values, respective job instructions, and other details can be stored and shared.
Building a corporate culture & following professional approach
According to statistics, 69% of employees are likely to work in the organization for a longer time due to high-end onboarding experience created using an Extended Enterprise LMS. The organizations approach to onboarding is always part of the corporate culture, and this gives them opportunity to make a positive first impression on a new joined team member. The user interface and ease of navigation helps to make learning more engaging and easier to use.
Quick & early assessment of new hires knowledge
There is a cost, significant effort, and time invested in hiring a new team member is involved. The Extended Enterprise LMS helps with quick assessments of new hire’s performance, progress, and overall potential. This allows the management with better strategic decisions in retaining the new hire and customized learning path for extended workforce like external distributors, franchises, sales, service technicians, etc.
Tracking growth and reporting features for analysis
With advanced reporting and analytics within the Extended Enterprise LMS, the onboarding team has the option to keep track of new employee’s learning potential and their ability to deal with new information. The customized reporting feature provides analysis to make the appropriate changes as applicable.
Save money and time, achieve better output
The studies show that time & cost can be saved with the help of a well-developed employee onboarding program and the significant use of an Extended Enterprise LMS system. The overall impact helps with saving time for both the new hires and trainers, reduction in the cost involved and in return better output is achieved in terms of the workforce’s productivity.
The organizations will keep on growing and they would need more manpower to meet their vision and . The onboarding process would provide an edge to the organizations to strengthen their workforce at the early stage and build a talent that is promising for organizations development. Hence, the onboarding of the new hire will also be continuous, and organizations need to make that effective using the best LMS platforms.
With 21+ years of experience in the LMS domain, our team at G-Cube has the expertise to meet all the requirements of the effective onboarding process to make hiring experience seamless. Talk to our learning consultant to know more.