Why Strategic Onboarding Matters to Financial Leaders
According to Rival, formerly SilkRoad Technology’s 2018 Global Strategic Onboarding Trends Survey, the key to attracting and keeping talent in a tough market is to engage them from the point of offer acceptance. Doing so, directly impacts company goals such as new hire job readiness, time to productivity and level of productivity, engagement, and retention.
“Gallup researchers studied the differences in performance between engaged and actively disengaged work units and found that those scoring in the top half on employee engagement nearly doubled their odds of success compared to those in the bottom half.” – How Employee Engagement Drives Growth, Gallup Business Journal
Strategic onboarding goes beyond compliance to create and deliver an intentional experience that aligns with distinct organizational objectives. It starts at offer acceptance and delivers purposeful steps through a new hire’s first year of firsts. This strategy enables them to learn new skills, understand the culture, connects them to the appropriate stakeholders, and enables them to engage in work that delivers meaningful outcomes for the organization. For financial leaders, an emphasis on onboarding within the organization results in lower recruiting costs, business continuity, improvements in revenue performance, and higher customer satisfaction.
In the video below, Rival, formerly SilkRoad Technology‘s Lilith Christiansen explains the importance of strategic onboarding for financial leaders.