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Innovative New Resources for Human Resource Management

Talent Management

Innovative New Resources for Human Resource Management

August 13, 2015 Kevin Burns

Each year, more and more businesses use onboarding software to ensure that crucial new hires are quickly integrated into organisations. Onboarding software helps companies reduce turnover and establish long-term staffs capable of unified action. High turnover can sap a company of momentum, energy and cohesion. This is a dilemma that top-of-the-line human resources software can certainly ameliorate.

The latest generation of onboarding software has had an enduring effect on best practises in human resource management. Developed by trained professionals, this software has great potential for improving a wide variety of performance metrics. Increased revenue is just one of many benefits associated with adopting onboarding software. This type of software facilitates a process wherein new employees highly focused on providing long-term solutions. At their most cutting-edge, onboarding systems can foster better performance and stronger commitment in all types of new hires.

Why Induction Software Matters

All too often, the corporate recruitment process is long and costly. Corporate training is especially characterised by expensive, in-depth training sessions. Without maintaining sufficient employee retention rates, bearing all of these costs becomes prohibitive and foolish. High-value induction training is particularly important for newly hired executives. Statistics show that 30 percent of all externally-hired executives don't even last twenty-four months in their positions. A surprising percentage of new executives don't even make it to the one year mark before failing. Obviously, technologically optimised, on the job training is crucial for management teams that are built to last.

With the benefit of tested onboarding procedures, new employees can more quickly learn what they must provide to fit in within their company environments. With critical information about standards and expectations delivered upfront, new team members are better able to improve processes and work more efficiently. Less ambiguity about expectations leads to improved efficiency and morale. The onboarding process is ideally very open and intuitive, not long or arduous. With the appropriate software, companies can streamline their induction process considerably.

Formal Onboarding Processes Are Now Standard

Potentially, new hires that go through standardised onboarding can more quickly align their professional habits with the institutional goals of their new employers. Long gone are the days when it was fashionable to let new hires "sink or swim" with minimal direction. Today, a growing number of businesses have internalised the need for intelligent induction processes. With the aid of dedicated software, formal onboarding processes are eminently useful for companies of all different sizes. In this prodigious era of exciting new business developments, the growth of onboarding software is one of the most broadly useful trends we can track.

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