As a business leader, you understand that employee retention is about keeping your team intact and preserving the knowledge, skills, and productivity your employees bring to the table. One key element in the retention puzzle is onboarding. A well-executed onboarding process can set the stage for a fruitful relationship between your employees and your organization.
But what happens when this process is ignored or mishandled? And how can Enterprise Technology Management help address these issues?
The Significance of Onboarding in Employee Retention
Effective onboarding is more than just a meet-and-greet on an employee's first day. It's a comprehensive process encompassing everything from initial orientation to training and integration into the team. When done right, onboarding can significantly impact an employee's long-term decision to stay with the company.
However, it can lead to confusion, frustration, and high employee turnover when overlooked or poorly executed.
The Data Behind Onboarding and Employee Retention
Research supports the importance of onboarding in employee retention. According to a study by Glassdoor, organizations with a robust onboarding process improve new hire retention by 82% and productivity by over 70%. The Society for Human Resource Management (SHRM) reports that up to 50% of new hires leave their jobs within the first 18 months due to ineffective onboarding.
High turnover rates can lead to increased recruitment and training costs, decreased team morale, and negatively impacted company culture.
Streamlining Onboarding with Enterprise Technology Management
Let’s introduce Enterprise Technology Management (ETM), a solution that automates onboarding workflows, decreases manual tasks, and reduces tickets, freeing up your IT resources. Your IT team can focus on more valuable initiatives by automating:
# Account Creation
# Software Provisioning
# Access management.
ETM also provides a centralized platform for managing all onboarding tasks so new hires can hit the ground running.
Key Features of Enterprise Technology Management
Our product comes equipped with several features aimed at improving tech data hygiene and enabling more efficient IT management practices:
# Automated Workflows: Automate repetitive tasks and reduce the risk of human error with our customizable workflows.
# Centralized Dashboard: Manage all your IT processes from a single dashboard, providing a clear overview of tasks and progress.
# Integrated Tools: Our product seamlessly integrates with your existing HR and IT systems for smooth data transfer and synchronization.
# Compliance Management: With our built-in compliance management tools, you’ll stay compliant with industry regulations.
# Data Analytics: Gain insights into your IT operations with our comprehensive data analytics, helping you make informed decisions.
A Proven Solution for IT Management
ETM is not just a tool—it's a solution designed to help you simplify your IT processes, improve employee onboarding, and increase retention rates. With ETM, you can support your new hires and give them everything they need to succeed from day one. With hybrid onboarding through employee onboarding software, Oomnitza empowers organizations to enable remote onboarding during the new normal and reduces the burden of technology management.
Final Thoughts
The onboarding process is a crucial factor in employee retention and productivity. While it can be complex and time-consuming, tools like ETM can simplify and streamline the process, freeing up your IT resources and setting your new hires up for success. Don't contribute to poor employee retention statistics—invest in a solid onboarding process with Oomnitza and let technology do the heavy lifting.
