by Peter Capodice
* 90% of new hires make their decision to stay at a company within the first six months.
The on-boarding process in most organizations today consists of completing forms with HR and a few introductions. Generally speaking there are very few organizations who understand the importance of having an on-boarding process and even fewer who actually have one in place. This is leaving new hires frustrated and vulnerable from the start of their employment and causing unnecessary turnover.
In a benchmark report by the Aberdeen Group, organizations that have created an on boarding roadmap have increased their retention rate by greater than 20% and their “time to productivity” by greater than 20%.
With the cost of turnover of an executive new hire exceeding 150% of annual compensation, combined with likelihood of a new executive departing the organization within an eighteen month period, the implications are enormous. Develop and implement your companies on boarding roadmap today!
About Capodice & Associates
From a dynamic blend of professional search talent, to the most comprehensive assessment tools on the market, Capodice & Associates gives you peace of mind knowing your next hire will be a long-term success.
Contact Us
Capodice & Associates
Midtown Plaza
1243 S. Tamiami Trail
Sarasota, Florida 34239
941-906-1990 Phone
941-906-1991 Fax
www.capodice.com
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