Benefits of measuring program success
When employees participate in onboarding, the effects stay with your company for the length of their employment. For this reason, you must continually improve your onboarding program to give new hires the best possible experience. Measuring the program can help you to identify ways to make it better.
There are three benefits associated with measuring your onboarding programs. First, the data can be used to demonstrate the impact and value that onboarding has on the organization. Second, it enables you to assess employee engagement levels. And third, measuring helps you to improve your onboarding program. Now consider how Bernice, a manager with an international staffing company, enjoys these benefits.
How to measure onboarding
To get a true picture of onboarding success, you need to use benchmarking. Benchmarking means comparing your results against a group that’s not involved in the tested subject. You can measure the effectiveness of your onboarding program by comparing the results of the onboarding group to a group of employees who didn’t take part in onboarding. This is known as a control group.
With benchmarking, you assess employees who have gone through the program. You then compare the results against employees who haven’t. You can examine three benchmarks to determine the success of your onboarding program: employee satisfaction, retention rates, and time to competency.
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