It’s a sobering and costly statistic for any business. About 33 percent of employees exit their companies—voluntarily or involuntarily—before they have completed their first year. And 22 percent of those are gone within the first six weeks.
It’s estimated that losing employees in that first year can cost your company two to three times their salary, and that doesn’t include the toll it takes on morale, your business requirements, and the lost opportunity to have fresh talent on your team.
What’s the answer? A good onboarding training system, along with continuing education, can help any organization get their newest workers up to speed and increase their levels of retention. Here are tips to help you train and retain more successfully.
Teach them early and thoroughly
Training starts immediately—maybe sooner. Before they clock in for their first day of work, new employees should know your company’s goals and values. Your mission statement should also be part of their pre-employment training. Helping them understand and develop respect for your company culture is a vital part of the onboarding process.
From day one, show your new employees they are in an environment that focuses on learning. Make sure they have easy access to training materials and resources. And let them know the chains of communication are always open at all levels.
Add value with cross-training
Help your employees (and your business) by cross-training them in several areas of the company. Workers with multiple skill sets can move effortlessly among the departments of your workplace and provide your managers with options when workers in one area become overburdened. Cross-trained employees tend to be more engaged in their jobs because of the variety of tasks they perform each week.
Set training goals and reward success
Is your training program working? It’s hard to know unless you’ve set goals—for each individual, department and throughout the company—that can gauge its success. Set your training goals for these three areas and you’ll have a useful tool for measuring what is and isn’t working.
It’s also helpful to show your workers you are concerned about them by rewarding their growth. Developing a system of recognition will give them an incentive to learn. The rewards can be anything you choose—as long as they are standardized throughout the company—and could even have monetary value.
Are you looking for employees that will add value to your team?
Finding good employees and properly training them is key to your company’s future. Convincing today’s top candidates your company is their best choice is more critical than ever. A culture that includes onboard training and ongoing education will go a long way to setting you apart. Stride Staffing’s goal is to build stronger connections between employers and individuals by doing staffing differently. Really. Contact us today or request a consultation.