Gallup estimates that employee turnover can cost companies one-and-a-half to two times an employee’s annual salary—a conservative estimate for replacing the employee who leaves. To combat this employee attrition, many organizations try to implement effective onboarding initiatives.
Shockingly, one statistic shows that 22% of staff turnovers occur in the first 45 days of employment. If companies have a strong onboarding experience, they can potentially reduce this number and save hundreds of thousands of dollars.
To start off strong, companies need to think about what matters to a new employee and develop ways to help the person get acclimated to his or her new job quickly. On top of this, organizations must also consider how to accomplish this in a remote work environment, as so many of us are still working from home because of COVID-19.
Typically, new employees want to know:
- What they need to do each day to perform their job
- What is expected of them in terms of their daily work outputs
- What processes and systems the company has in place to help them achieve their tasks
- Whom they can go to with questions
Given the remote nature of work these days for most people, it is critical that organizations don’t overlook that last point. There is a need for human interaction and support, especially for new hires.
To that end, a new trend is emerging in the workplace that helps new hires get acclimated quickly—particularly in the age of remote working. It is called flash mentoring. This involves a short-term relationship between a new employee and an established one, which is facilitated online through a mentoring platform.
Quick, Personal Connections Create a Lasting Impact
Flash mentoring allows employees to find one another via mentoring software and subsequently use that software to reach out to a colleague for a quick, targeted relationship that focuses on a specific question or skill-building need.
The idea is to create a network of mentors for your new hires so that they build a support group within your organization, know where they can go for help while getting up to speed on their new jobs, and quickly become an integrated part of the whole. Giving them access to assistance via flash mentoring as part of your onboarding process can help mitigate turnover and create an engaged and happy workforce.
To implement flash mentoring as part of your onboarding process, consider emphasizing one of these goals…
Source: HR Daily Advisor