Companies with High Growth Must Accelerate New Hire Productivity
While most talent leaders want to accelerate new hire productivity, the statistics on the high dissatisfaction rate of new employees should capture the attention of every leader looking to engage, develop and retain high performing talent. The Society for Industrial and Organizational Psychology found:
Invest Enough to Get a Return on Hiring Investments
When you have invested significant time and money to hire new talent, you look for a payoff…productive employees who:
So What Are Companies in the Study Doing Wrong?
It is not a matter of employee incompetence…we find that new hires are mostly able to handle their roles. But, after analyzing thousands of employee engagement surveys and following up on exit interviews at clients, it seems that too many new hires do not understand how to:
All three of these new hire issues should be covered in the first weeks of any new employee onboarding program.
Four Tips to Accelerate New Hire Productivity
Here are four tips to accelerate new hire productivity so new hires feel a part of the corporate culture, understand how to work the systems and become productive and engaged members of the workforce sooner.
Sure, most new hires are smart and eager; but they are probably not familiar with the nomenclature and shortcuts of your proprietary systems, processes, and practices. Make sure you provide new employees with a simple, easy-to-use manual or a patient instructor so the systems they need to do their job become enablers, not obstacles.
When you don’t have the time or inclination for targeted pulse surveys, simply ask new employees during one-on-one feedback sessions. If you have built sufficient trust, your new hires should be able to fill you in on what has worked well for them and what needs to be improved. Then it’s your job to make suggested changes.
The Bottom Line
Do not stop investing after your new hire has accepted your job offer. Invest in your new hires by making your onboarding process more effective to accelerate new hire productivity. No one enjoys feeling like the awkward “newbie” any longer than necessary.
To learn more about how to accelerate new hire productivity, download 7 Field-Tested New Employee Orientation and Onboarding Best Practices
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