40% of employees who don’t receive necessary training to become effective will leave their positions within the first year. Additionally, 22 percent of staff turnover occurs within the first 45 days of employment.
https://www.shiftelearning.com/blog/statistics-value-of-employee-training-and-development
What is Preboarding?
Preboarding is a process that starts after a job offer is accepted and before an employee’s official start date. This phase is meant to prepare the new hire for their first day and help them transition smoothly into their new role.
The preboarding process is the first impression new employees get of how the company operates.
A well-structured and thoughtful preboarding can demonstrate the organization’s professionalism and commitment to its employees, which in turn, can foster a strong, positive relationship from the onset.
The faster new hires feel welcome and prepared for their jobs, the faster they will be able to successfully contribute to the firm’s mission.
-Society for Human Resource Management
https://www.shrm.org/foundation/ourwork/initiatives/resources-from-past-initiatives/Documents/Onboarding%20New%20Employees.pdf
What does the preboarding process say about a company’s values
The preboarding process can reflect a lot about a company’s values and culture. Here’s how:
Commitment to Employees
If a company takes the time to have a structured preboarding process, it shows a commitment to its employees. It suggests that the company values its employees and wants them to succeed in their new roles.
Organization and Efficiency
A well-organized preboarding process reflects a company’s dedication to efficiency and order. It communicates the importance the company places on ensuring all tasks are done properly and on time.
Openness and Transparency
By providing information about the company, its structure, culture, and values, the company shows that it values transparency and open communication.
Respect and Inclusion
Personalizing the preboarding process, introducing the new hires to their team, and providing information about diversity and inclusion initiatives can show that the company respects all its employees and values diversity and inclusion.
Continuous Learning and Growth
If the preboarding process includes training materials and resources, it shows that the company values continuous learning and employee development.
Employee Well-being
Providing information about benefits, wellness programs, or work-life balance initiatives during preboarding can show that the company values its employees’ well-being.
In summary, a thorough and thoughtful preboarding process can serve as a positive reflection of a company’s values, demonstrating that it cares about its employees, values their time, respects their diversity, encourages continuous learning, and is committed to transparency and efficient operation.