KNOLSKAPE. Role Onboarding. Accelerator Solution for Onboarding New Hires TALENT TRANSFORMATION FOR THE MODERN WORKPLACE

Size: px

Start display at page:

Download "KNOLSKAPE. Role Onboarding. Accelerator Solution for Onboarding New Hires TALENT TRANSFORMATION FOR THE MODERN WORKPLACE"

Aleesha Cooper
5 years ago
Views:

1 TALENT TRANSFORMATION FOR THE MODERN WORKPLACE Role Onboarding Accelerator Solution for Onboarding New Hires

2 Contents 1. Importance of Effective Onboarding Onboarding Practices and Trends Solution for Effective Onboarding Key Benefits User Journey Friends & Leaderboard Notifications Mobile Enabled

These losses can add up, given estimates that losing an employee in the first year costs at least three times that employee s salary.

3 Importance of Effective Onboarding Numerous studies and research reports highlight the importance of effective onboarding. 4% of new employees leave a job after a disastrous first day and 22% of staff turnovers occur in the first 45 days of employment. These losses can add up, given estimates that losing an employee in the first year costs at least three times that employee s salary. Platforms help create a more comprehensive, personalized, and rapid onboarding experience so that new employees add greater value more quickly. Developing an onboarding agenda helped Google boost the productivity of its new hires by up to 15%. 90% of businesses believe that employees make their decision to stay within the first year of employment. The organizational costs of employee turnover are estimated to range between 100% and 300% of the replaced employee s salary. New employees who went through a structured onboarding program were 58 % more likely to be with the organization after three years. A study of 264 new employees published in the Academy of Management Journal found that the first 90 days of employment (often called the probationary period) is pivotal to building rapport with the company, management and coworkers. 3

4 Onboarding Practices and Trends Despite the widespread acceptance of the importance of onboarding, implementing a successful onboarding process remains a challenge. Only 32% of companies have a formal onboarding process. Best-in-class companies are 35% more likely to begin onboarding processes before day one. 22% of companies have no formal onboarding program. When support and direction were not offered, the inverse occurred, leading to unhappy and unproductive employees who didn t make it much further than four months. 4

5 Solution for Effective Onboarding Web based, social gamified onboarding platform Stimulates productivity as new employees go through a faster learning process Automates program management Engagement begins before day 1, helping reduce onboarding time Integrates people better through a common learning and interaction model 5

6 Key Benefits Enhances employee engagement and improves assimilation of new hires New hires are able to establish relationships and professional networks with peers, both within and outside of their teams. New hires better understand the organization s culture, norms, and values. Better role preparedness, greater productivity at work New hires have greater role clarity, thereby reducing time for new hires to reach performance and productivity standards. Tracking offer not joined The gamified platform is made available to new hires even before they join the organization. Hence, HR teams can estimate the likelihood of someone not joining the organization, by tracking their pre-onboarding activities on the platform. Onboarding program monitoring HR teams can track the progress of new hires through a centralized dashboard, without having to physically keep a watch over the onboarding engagement. Analytics & Reporting HR teams receive comprehensive, integrated analytics and reporting that provide insights on engagement levels, onboarding completion, user feedback, and the success rate of the onboarding initiative. 6

User Journey Successfully onboarding and assimilating new hires into an organization s culture can be a complex process, but it doesn t have to be

7 User Journey Successfully onboarding and assimilating new hires into an organization s culture can be a complex process, but it doesn t have to be tedious or overwhelming. A gamified journey based approach to onboarding: Enables an organisation's softer aspects like culture, brand, values, and vision to be conveyed in way that new hires are able to easily comprehend and imbibe Offers insight into the organization s strategic position, intent, and direction, as well as the role the new hires will be put into Ensures consistency in communication across the various stages of employee onboarding 7

levels, and continuously brings participants back to the platform,

8 Friends & Leaderboard Fun, social elements such as leaderboards and friend groups amplify the engagement, competition, and collaboration levels, and continuously brings participants back to the platform, thereby ensuring that learning objectives of onboarding are better achieved. 8

9 Notifications HR teams can manage the employee onboarding experience through the platform, in the form of messages and notifications pushed to the employee s accounts from the admin New hires receive notifications about submission dates, friends performances, new content, and their own performance 9

10 Mobile Enabled An integrated mobile app makes the interactions richer and more engaging Enables onboarding to become location agnostic, thereby reducing logistical issues while ensuring learner freedom 10

11 Thank You To experience is to learn. Everything else is just information. About : is a Modern Workplace Learning company that uses experiential technologies to accelerate learning, transform employee experience and boost productivity across four key areas: Leadership Development, Sales Effectiveness, Digital Transformation and Frontline Development. More than 200 clients in 17 countries have benefited from 's award-winning experiential solutions. Using business simulations, gamification, mobile, social, artificial intelligence, virtual reality and machine learning, delivers transformative learning experiences for the modern learner, rich analytics for the HR teams and improved performance for the organization. Corporate Headquarters Singapore 20, Maxwell Road, #09-17, Maxwell House, Singapore Sales & Customer Support New Delhi #75, Awfis, Level 2, Augusta Point, Parsvnath Exotica, Golf Course Road, Sector 53, Gurugram, HR Mumbai 708, Vakratunda Corporate Park, Vishweshwar Nagar, Goregaon East, Mumbai Bangalore 1314, 3rd & 4th Floor, Double Road, Indiranagar 2nd Stage, Bangalore, Middle East #318, Ritaj, Dubai Investments Park Dubai, U.A.E Hyderabad 58, Ambience Fort, Attapur Hyderabad

Is your Learning and Talent organisation fit for the future?

Is your Learning and Talent organisation fit for the future? David Wilson, CEO, Fosway Group david.wilson@fosway.com / @dwil23 www.fosway.com / @fosway Europe s #1 HR Analyst Founded 1996 In-depth corporate