How an Integrated Business Management System Supports Employee Onboarding

Nickmanro9416 Nov, 2023Business

It takes an average of eight months for a new hire to attain peak productivity, and over a third of them will start looking for a new job within that time span. It is also no secret that the price of employee turnover can quickly kill a business, especially since replacing an employee can cost anything between one half and two times their yearly salary. Much of this comes down to the poor experience new hires have when getting up to speed in a company. This is the process known as employee onboarding, where new employees are integrated into the organisation with an optimal blend of orientation, training, and development. For simpler roles, this process can take days or weeks, right up to months or years for more complex roles.