7 Shocking New Employee Onboarding Statistics

​Did you know…?

1. Strong onboarding procedure improves new hire retention by 82%
2. Over 50% of managers experience employees leaving because of poor onboarding prior to completing their probationary period
3. Turnover costs up to 300% of the replaced employees’ salary
4. On average it costs $4,000.00 and 24 days to hire 1 new person.
5. 40% of employees feel lonely at work in their first 90-days
6. 25% of companies do not include training in their new hire onboarding plan
7. An effective onboarding policy increases performance up to 11%!

The new person often feels nervous starting out on a new job. Helping them understand what is expected of them, showing them the ropes and any unwritten rules goes a long way towards improving their ability to perform at their best.

What is employee onboarding?

The HR term of “onboarding” is the process of integrating a new employee with a company and its culture; introducing your new hire to the expectations, skills and knowledge they will need to become a productive team member.

An all too familiar story in the hiring process – a new employee arrives for their first day of work. He is not designated his own workplace, coworkers barely introduce themselves. He doesn’t understand what the staff do or how he fits in, and spends the day sitting around watching, uncertain if he will fit in. He leaves the office wondering if the next day will make more sense, hoping it will be better.

According to surveys conducted on more than 1,400 hiring staff, 1 in 4 new hires will leave within 180 days.
Now it’s obvious that having an onboarding policy for new hires is vital, but do you know where the term “onboard” comes from?:
The word originally derives from the term “aboard,” referring to getting onto a ship. In the case of a new employee, the figurative company “ship.”

The word “board” comes from the English bord, which can literally mean “ship,” as well as board, plank, table, shield or deck. When expressing an action, as we are when an employee is being onboarded, board originally meant to “come alongside” a ship. Later it came to mean getting onto a ship.
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​Don’t underestimate the importance of good onboarding. Done correctly and thoroughly, you allow your employees to thrive in the company, creating a better work environment, customer experience and a better bottom line. 

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