Onboarding is a challenging process in many situations. Unlike many claims, onboarding doesn’t start when a new employee starts working at a company or when a user starts to use a product. Employee onboarding or user onboarding starts when the new employee or user first interacts with a company or a product.
In this regard, the first step to creating a satisfying and efficient onboarding experience is to provide the employees or users with the necessary information that will help them get an idea about what to expect from a product or a company during their first interaction.
When onboarding a new employee, companies should create an onboarding flow that new employees are eager to follow.
Another crucial point in onboarding new employees is to be able to constantly update the onboarding process considering the changing needs and expectations of the employees and your organization.
Let’s make some things clear to talk better about employee onboarding statistics:
- Onboarding is an ever-ongoing process.
- Personalization in onboarding is crucial for increasing efficiency.
- Onboarding is more than just paperwork. It should be an all-around process that also introduces new employees to the company environment and culture.
Having established a foundation for employee onboarding, it’s time to explore some employee onboarding statistics to help you understand what you can do better to provide a better onboarding experience.
Here is a nice key employee onboarding stats visual from FinancesOnline:
Top Employee Onboarding Statistics and Trends
These 30 employee onboarding stats will help you learn about the experiences of employers and employees during onboarding. Looking at these statistics, you can have a better understanding of the DOs and DON’Ts of employee onboarding.
Let’s get into it!
Employee Onboarding General Statistics
1- By 2022, the global onboarding market is estimated to be worth $793 million.
2- Employees who experience positive and well-designed onboarding are 18x more likely to feel committed to their company.
3- 88% of companies don’t onboard efficiently.
4- 37% of dynamic businesses offer at least one month-long employee onboarding program.
5- In the U.S. and U.K., $37 billion is estimated to be spent annually to increase the efficiency of unproductive employees.
Employee Onboarding Retention Statistics
6- Companies with a well-designed onboarding process experience 50% greater new hire retention.
7- Around 20% of employee turnover happens in the first 45 days.
8- Employee onboarding can increase retention by 25% and improve performance by 11%.
9- 93% of employers suggest that a good employee onboarding experience is critical in influencing employees’ decision whether to stay with the company.
10- Automating onboarding tasks results in a 16% increase in the retention rate for new hires.
Employee Onboarding Mistakes Statistics
11- 58% of organizations believe that their employee onboarding programs mainly focus on processes and paperwork.
12- 35% of companies do not have a formal employee onboarding program.
13- 10% of companies have not upgraded their employee onboarding process in recent years despite known flaws.
14- 55% of companies say that they don’t measure the effectiveness of onboarding programs.
15- 88% of employees suggest that there is too much to improve in their companies’ employee onboarding processes.
Employee Onboarding – Employee Behavior Statistics
16- New employees need 8-12 months to become as efficient as their regular coworkers.
17- Only 12% of employees strongly feel that their company did an excellent job during their onboarding.
18- Around 10% of employees resigned from a company because of their inadequate onboarding experience.
19- 72% of employees suggest that one-on-one time with their direct manager is a very crucial part of onboarding.
20- Around 50% of employees cite the lack of training and development opportunities in their current companies.
Employee Onboarding Automation Statistics
21- Automating onboarding tasks also results in an 18% improvement in initial performance.
22- Automating onboarding tasks results in a 16% increase in the retention rate for new hires.
23- 36% of HR professionals said they could not automate and organize onboarding flows because of a lack of technology.
Employee Onboarding Statistics During the COVID-19
25- Remote hiring, training, and onboarding new hires are employers’ most challenging recruitment challenges amid the global health crisis.
26- In the aftermath of the COVID-19 environment, managers believe that some of their most complex challenges will be onboarding, candidate engagement, and appraisal.
27- 21% of managers said that new employee onboarding would be one of their top three concerns when the pandemic is over.
28- Considering remote hiring during the COVID-19, 51.7% of managers say the most difficult challenge was candidate engagement.
29- New hire onboarding (49.7%) and evaluation (42.4%) are also among the most difficult challenges during the COVID-19.
30- 41% of employees claim that they don’t feel connected to colleagues when working remotely.