It does amaze me, and has for many years. So many companies either struggle for months, and months to find new hires, or spend on expensive processes to hire, and then practically forget about the new hire after a few days induction. However you recruit it's expensive, a combination of cost and time expense, not to mention the lost opportunities, or increased stress of coping an employee short. I can of course demonstrate how executive search is great value. But if you neglect on boarding, you risk wasting your money, however you spent it. At the very least you delay your new employee being reaching full productivity.
On-boarding shouldn't be a few days with HR and a chat with the CEO, it should be a thorough process, as outlined here. Or if you are a client we can share our many years of experience.
This year, the unemployment rate in the U.S. hit a 49-year low of 3.7%. The demand for companies to retain top talent is intensifying. One report suggests that employee retention is the number one issue on the minds of CEOs today — not just in the U.S., but around the world. And yet, companies often spend very little time onboarding new hires. With up to 20% of staff turnover occurring within the first 45 days of employment, a standardized onboarding process is essential.