Closing the gap between recruiting and HR through better onboarding

6 Keys of Employee Success: Why it matters for business growth Closing the Gap Between Recruiting and HR Through Better Onboarding bamboohr.com linkedin.com Keys of Employee Success: Why it matters for business growth Ben Peterson Stephanie Bevegni CO-FOUNDER AND CEO CONTENT MARKETING MANAGER BAMBOOHR LINKEDIN TALENT SOLUTIONS JOIN THE CONVERSATION ON TW ITTER USING #BAMBOOHR bamboohr.com linkedin.com Keys of Employee Success: Why it matters for business growth Industry Gaps bamboohr.com linkedin.com Keys of Employee Success: Why it matters for business growth bamboohr.com linkedin.com Keys of Employee Success: Why it matters for business growth bamboohr.com linkedin.com Keys of Employee Success: Why it matters for business growth bamboohr.com linkedin.com Keys of Employee Success: Why it matters for business growth 4% of new employees leave a job after a disastrous first day 22% of staff turnovers occur in the first 45 days of employment Losing an employee in the 1st year costs at least 3X times that employee's salary Bersin by Deloitte's industry study: Onboarding Software Solutions 2014: On-Ramp for Employee Success bamboohr.com linkedin.com Keys of Employee Success: Why it matters for business growth Industry Gaps bamboohr.com linkedin.com Keys of Employee Success: Why it matters for business growth Industry Gaps bamboohr.com linkedin.com Keys of Employee Success: Why it matters for business growth Bridge the gaps bamboohr.com linkedin.com Keys of Employee Success: Why it matters for business growth Post Hire (Transition from Recruiting to HR) Leaders who ignore their employees have disengagement levels of 40 percent —Gallup bamboohr.com linkedin.com Keys of Employee Success: Why it matters for business growth Onboarding: The Key to Linking HR and Recruiting Employees’ discretionary effort increases by more than 20 percent when they are onboarded effectively —The Corporate Leadership Council bamboohr.com linkedin.com Keys of Employee Success: Why it matters for business growth bamboohr.com linkedin.com Keys of Employee Success: Why it matters for business growth LinkedIn Onboarding Experience COMPONENTS Explore the company Lunch and campus tour Employee investment Exec Q&A Unpack your perks Tech support Continued education bamboohr.com linkedin.com Keys of Employee Success: Why it matters for business growth Closing the Recruiting and HR gap using onboarding: Keep the recruiter involved Continue communicating value Make promises tangible Pay attention to timing bamboohr.com linkedin.com Keys of Employee Success: Why it matters for business growth Keep the recruiter involved "Hiring managers can have a huge impact on a company's bottom line, and that impact can be much greater if they work more effectively with HR.” —Kristen Harcourt bamboohr.com linkedin.com Keys of Employee Success: Why it matters for business growth Continue communicating value Employees who are very satisfied with their benefits are more than three times as likely to be satisfied with their jobs —MetLife bamboohr.com linkedin.com Keys of Employee Success: Why it matters for business growth Make promises tangible 55 percent of employee said their benefits materials are neither clear nor comprehensive —MetLife “An employee came up to my office and said, ‘I need to get glasses Why don’t we have vision coverage?’ And I said, ‘We do.’ You know, this is an employee that’s been with us for five years.” —HR Professional from MetLife Study bamboohr.com linkedin.com Keys of Employee Success: Why it matters for business growth Pay attention to timing The number one thing employees said companies should change to be more helpful to employees is providing organized, relevant, well-timed content —BambooHR Onboarding bamboohr.com linkedin.com Keys of Employee Success: Why it matters for business growth Onboarding Fail: Healthcare • 83 percent of employees say healthcare benefits influence their decision to accept a job B U T • Almost 20 percent of employees are uncomfortable using all parts of their healthcare plan —BambooHR Healthcare Study bamboohr.com linkedin.com Keys of Employee Success: Why it matters for business growth What can you today? LINKEDIN’S TIPS: • Put yourself in the candidate’s shoes • Partner closely with the talent acquisition team • Gather feedback & evolve your onboarding process bamboohr.com linkedin.com Keys of Employee Success: Why it matters for business growth What can you today? BAMBOOHR’S TIPS: • Alignment is key • Find out where your gaps are • Keep recruiting your employees bamboohr.com linkedin.com Keys of Employee Success: Why it matters for business growth Thank you! Follow BambooHR and LinkedIn on social media: bamboohr.com/blog | talent.linkedin.com/blog bamboohr.com linkedin.com Keys of Employee Success: Why it matters for business growth 2015 Ultimate Hiring Toolbox For Small & Medium Businesses lnkd.in/HiringToolkit bamboohr.com linkedin.com Keys of Employee Success: Why it matters for business growth Questions? BambooHR Receive a free trial of our onboarding software Feel free to contact us at 1-866-387-9595 bamboohr.com linkedin.com ... Continued education bamboohr.com linkedin.com Keys of Employee Success: Why it matters for business growth Closing the Recruiting and HR gap using onboarding: Keep the recruiter involved Continue... Onboarding: The Key to Linking HR and Recruiting Employees’ discretionary effort increases by more than 20 percent when they are onboarded effectively The Corporate Leadership Council bamboohr.com... candidate and employee experience matters at every touch-point “If you build a positive candidate experience, talent will come to you Candidates will talk about your organization and tell others