LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Avoiding the 90 day employee – London Business News | London Wallet

Philip Roth by Philip Roth
May 1, 2023
in UK
Avoiding the 90 day employee – London Business News | London Wallet
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Trump’s first six months fuels 15,000 new Bitcoin millionaires – London Business News | London Wallet

Four people hospitalised after gas leak in Kilburn

FTSE 100 Live: Centrica nuclear stake, AstraZeneca unveils $50bn US spending

There has been a lot of coverage on the challenges of hiring over the last year or so, but with around 30% of new hires thinking about leaving within the first 90 days of a new job, retention has arguably become the much bigger hurdle.

For employers, this is worth some serious reflection. Hiring takes time, money and resources, and no business wants their investment in recruitment to result in a quick resignation. But why are new hires becoming disenchanted so quickly? According to Frontier Software, it is often because employers focus on providing a great benefits package and interview process – but once the hiring is complete, they drop the ball.

“After accepting the offer, a common mistake is not continuing to embrace and engage the employee, and not reinforcing your messaging via a well-constructed onboarding program,” Business Manager John Dunham says. He continues, “The employee begins to recognise that the walk doesn’t match the talk, which may be triggered in any number of ways.” Dunham believes that for some hires, the reality of the role simply won’t align with how it was presented at interview. The misalignment can be personal, or it could be things like their supervisor not being the ‘great guy’ that was described, or their work environment being nothing like the one they saw when they were interviewed.

He notes that for younger candidates in particular, the chemistry they have with their manager can be a major driver to stay or go. For an employer to provide a good experience from day one, they need to help new hires integrate into their culture, understand their rules, and fully understand their job role.

At this early stage, good software support is often a vital point of difference. If employees have a clear and structured onboarding process, their chances of staying to continue their development will improve. “Onboarding software can provide things like induction videos and team introductions, or links to social media accounts to help with team bonding,” Dunham says.

“The software can also deliver the essential stuff like policies and objectives, as well as gathering the must-have payroll information. This achieves two things; the employee feels like the organisation knows they exist, while also helping them to understand how things are done.”

Good onboarding software should also map out a learning journey for new hires. It should allow them to clearly see what on-the-job development they can expect, and how they can open up new opportunities as an employee. “Perhaps the most important thing of all, however, is the capacity of the technology to prompt managers to make personal, one-on-one time for their new hires,” Dunham explains.

“The importance of this type of check-in can’t be underestimated, as it allows the employee to ask the questions they have (e.g. I noticed everyone is doing XYZ, can I do that too?), check their understanding of reality (e.g. we have pizza and drinks every Friday night?) and even clear up misimpressions, (e.g. Sue said you have resigned, is that true?)”

When it comes to onboarding, employers are all at very different stages of the journey. Some will have excellent processes already in place, while others will need to invest significantly into their onboarding and retention strategy. However, one thing is clear – if employers put in the work, they will see results.

Dunham concludes, “For organisations with existing onboarding software, they may only need to tweak some of their existing configurations. However, for those with no programme, no software and no feedback mechanism, the potential gains could be huge.”

For nearly 40 years HR & Payroll software experts, Frontier Software, have been successfully delivering systems to record, manage and analyse your people data. With unlimited data, history and easy to use reporting tools; statistics for diversity, equality and inclusion are at your fingertips in real time, any time. Contact Frontier Software on 01276 456902, email [email protected] or visit our website at www.frontiersoftware.com

Article originally published in HRD Magazine, November, 2022



Source link

Share30Tweet19
Previous Post

FuelCell Energy stock rallies after announcing order with Exxon Mobil for carbon capture technology, support

Next Post

ON Semiconductor stock rises after upbeat earnings outlook

Philip Roth

Philip Roth

Recommended For You

Trump’s first six months fuels 15,000 new Bitcoin millionaires – London Business News | London Wallet
UK

Trump’s first six months fuels 15,000 new Bitcoin millionaires – London Business News | London Wallet

July 22, 2025
Four people hospitalised after gas leak in Kilburn
UK

Four people hospitalised after gas leak in Kilburn

July 22, 2025
FTSE 100 Live: Centrica nuclear stake, AstraZeneca unveils bn US spending
UK

FTSE 100 Live: Centrica nuclear stake, AstraZeneca unveils $50bn US spending

July 22, 2025
Arsenal vs AC Milan: Prediction, kick-off time, team news, odds, h2h
UK

Arsenal vs AC Milan: Prediction, kick-off time, team news, odds, h2h

July 22, 2025
Next Post
ON Semiconductor stock rises after upbeat earnings outlook

ON Semiconductor stock rises after upbeat earnings outlook

Related News

Arizona, Texas, Utah leading in US crypto policy: Chainlink

Arizona, Texas, Utah leading in US crypto policy: Chainlink

July 16, 2025
October sees a comparative lull in crypto crime with losses of .2M: CertiK

October sees a comparative lull in crypto crime with losses of $32.2M: CertiK

October 31, 2023
Teva concludes nationwide opioid settlement agreement, reaches separate settlement with Nevada

Teva concludes nationwide opioid settlement agreement, reaches separate settlement with Nevada

June 8, 2023

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?