When onboarding new employees, you have just 44 days on average to influence their decision to stay long-term. That’s a vanishingly short window of time—and a high-stakes one, considering that employee turnover typically costs $7,500 to $28,000 per new hire
Will your new hires turn into dependable, dedicated team members? Or will a bad first impression send them running, taking your sunk costs with them? It all depends on the quality of your onboarding process, which needs to be as deliberate, comprehensive, and structured as every other HR process at your company.
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