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Statistics show that half of all hourly employees leave the job within four months of hire and half of all salaried employees leave their jobs within 18 months. This turnover is expensive. Much of this turnover can be prevented by a proper onboarding process.
The Orientation, the process of making someone an employee, is no longer sufficient. When so much of a company's success is dependent on the intellectual property that employees produce it is critical to make sure that the employee is fitting in and succeeding. This is what a successful onboarding process accomplishes.
Those companies that do not do this successfully suffer lower productivity, potential loss of customers, and of course the eventual loss of the employee and the resultant replacement costs.
Michael D. Haberman is Vice-President and co-founder of Omega HR Solutions, Inc., a consulting and services company offering complete human resources solutions. Mike brings years of experience in dealing with the challenges of Human Resources in the 21st century. He helps companies work on compliance today to make them ready for the future tomorrow.
Mike is the author of the Human Resources blog found at OmegaHRsolutions.com, which has been recognized several times as a Top 25 in human resources related blogs. It has consistently been named as a top HR blog to read. He has been selected as one of six HR bloggers to be featured on the online version of Human Resources Executive Magazine. He has also been named in the Top 10 Digital Influencers in Human Resources and most recently has been named to the top 65 most influential HR pros on Twitter.
Mike has gained a reputation as a compliance expert. He speaks on a variety of subjects to business associations, human resource associations,and business based civic clubs. He has presented webinars on various HR related issues.View all trainings by this speaker