Employee dropout rates can greatly affect the overall hiring process of any organization. As part of the HR team, an HR professional spends countless hours scrutinizing the resumes of potential candidates.
After careful consideration, a few of the candidate resumes are selected and called for an interview. After successful hiring of a candidate, the organization expects them to take on the job role and perform efficiently.
But suddenly, the successful candidate decides to drop out of the role. All the time and money invested in hiring and training the candidate is lost. Moreover, the hiring team has to conduct the whole process again resulting in the loss of even more money and time. Hence, employee dropout rates are a crucial factor for any organization. But why do certain candidates drop out and how an efficient new employee onboarding process can help?
Reasons candidate drop out of a role
Several candidates will change their minds about a job role after they have accepted the offer. If they had any doubt before taking up the role, a negative onboarding experience will amplify those doubts making them rethink their decision.
Take alternative offers
Most candidates usually have multiple offers in front of them. Sometimes they take up a job and wait for an alternative and better offer to drop out.
This has become quite common these days due to the changes in the employment marketplace. Also, with the increasing remote operation, several candidates don’t feel responsible for the organization.
How can onboarding help?
This is where the importance of onboarding process can be identified. An efficient onboarding process will reduce the rate of dropouts. Here’s how.
By creating an enhanced new hire onboarding experience, HR teams can ensure that the new hire feels engaged and included in the organization. The HR teams of the organization need to take active steps that make the new hire feel welcomed.
To achieve this enhanced experience, the onboarding process must include personalized messages, video conferencing with teams, a general introduction about the company, its ethics, and more.
With the right balance between keeping the new hires in the loop and avoiding information overload, HR teams can retain their new hires and reduce dropout rates.
Technology can be leveraged to create a seamless employee onboarding experience.
The conventional way of onboarding involves a lengthy process of paperwork. This can create a negative experience for the candidate filling in repetitive details. But with cloud-based onboarding, the paperwork is done swiftly without much hassle to the candidate and the HR teams.
At Squadsy, we are always aimed at working with HR professionals across different organizations to enhance the onboarding experience. If you also want to get involved in the discussion, you can get in touch with us right away!