You might be wondering why you should even give onboarding a second thought in your strategic HR planning. If you’ve gotten all the requisite paperwork, what else needs to be considered? There are some sobering statistics on why good onboarding should be a significant part of your talent strategy, especially in today’s highly remote work environment. 1) The average turnover rate for companies is 22% in the US. 2)Turnover costs between 1.5 and 2 times the employee’s annual salaries, according to an article by HR Magazine.
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