First impressions matter and link to retention: 90 percent of employees make their decision to stay at a company within the first six months. – “The On-boarding Benchmark Report: Technology Drivers Help Improve the New Hire Experience,” 2006.
The average new leaver-starter handover costs around £35,000 in lost time and productivity, not to mention the knock-on operational costs and regulatory risks when new starters aren’t given the knowledge, insights and contacts they need to get up to speed. “Receiving organized, relevant and well-timed content” is considered to be the most important aspect of the on-boarding process.
“review and feedback of early contributions” is one of the most important things a new employee needs to get up to speed and begin contributing quickly – Bamboo HR On-boarding Survey, 2014
With Activate™ Management Teams and Support functions can track and control an effective handover process from start to finish, for example:
- each digital handover is tailored by management, ensuring staff handovers are always relevant to their position;
- a flexible system gives managers power to change the flow of knowledge and information to where it will be most effective; and
- management review and approval features provide a structured approach to capturing essential knowledge quickly.
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