Onboarding is the process of transforming a new hire into a fully functioning, integrated member of the team. According to CEO of The End Result Diane Spiegel in SilkRoadís 2013 report Onboarding 101, proper onboarding provides not only the rules of the road, but also clear expectations in terms of behavior and interaction with management, customers, and other employees.
The Onboarding Margin website rightly commented that successful onboarding is not simply an improved orientation to the organization. It is woven into the entire experience of your new hiresí first year and beyond. Without it, analyst firm IDC estimates that U.S. and U.K. companies lose $37 billion because employees donít properly understand their jobs and how they fit into their organizations.
At Connections 2014, SilkRoadís annual user conference, a panel of human resources professionals convened to discuss timely onboarding issues including automation, socialization, duration, and ownership.