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Accelerating New Hire Training

Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

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With the economy turning around, many growing companies are starting to recruit talented new employees. That means a lot of first days on the job and a lot of time and money to spend while new employees get up to speed. What if you could lessen the time it takes for an employee to reach his or her full potential? According to a study by Aberdeen Group, effective on-boarding improves retention rates by 52%, time to productivity by 60% and overall customer satisfaction by 53%. In this webinar, we'll discuss five ways to accelerate the time it takes to get a new employee up to speed, which includes: Planning ahead. Integrating company goals and culture Outlining expectations, goals and success criteria Utilizing technology and online training Involving managers

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Page 1: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

Accelerating

New Hire Training

Page 2: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

BIZLIBRARY.COM

Chris Osborn

Vice President of Marketing

[email protected]

@chrisosbornstl

Jessica Batz

Marketing Specialist

[email protected]

@jessbatz

@BizLibrary

Page 3: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

5,000+ Courses. 25 Topic Areas. Unlimited Access.

Page 4: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

POLL QUESTION

How would you

describe your

new hire

training?

a. Well planned and

integrated with the

organizational goals and

culture.

b. We conduct an orientation

for new employees,

however it isn’t strategic.

c. We cover the basics. After

that they’re on their own.

d. Sink or swim.

Page 5: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

BIZLIBRARY.COM

WHAT WE’LL COVER:

1. What is strategic onboarding?

2. Five best practices.

3. Measuring the impact.

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Page 7: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

Strategic vs. Tactical

Page 8: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

Onboarding, also known as organizational

socialization, refers to the mechanism

through which new employees acquire the

necessary knowledge, skills, and behaviors

to become effective organizational

members and insiders.

Bauer, T.N. and Erdogan, B. APA Handbook Of Industrial And

Organizational Psychology

Page 9: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

BENEFITS OF A STRONG ONBOARDING PROGRAM

FOR EMPLOYEES FOR COMPANY

Strategic Onboarding. Bersin by Deloitte, 2008.

Become familiar and

comfortable with their job roles. Improve employee retention.

Learn about company culture

and job-related resources. Increase time to productivity.

Start to build relationships and

networks. Increase visibility of new hires.

Page 10: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

BENEFITS OF A STRONG ONBOARDING PROGRAM

FOR EMPLOYEES FOR COMPANY

Strategic Onboarding. Bersin by Deloitte, 2008.

Align expectations of jobs and

careers.

Improve internal

communications.

Feel engaged and valued. Improve customer satisfaction.

Receive immediate feedback. Improve company brand.

Create relationships with

customers more quickly.

Increase employee pride in

company.

Page 11: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

52% of new hires are engaged in the

first 6 months.

Engagement dips to 44% for

employees under the 10-year mark.

Gallup, State of the American Workplace 2013 ] According to an Aberdeen Benchmark Report, effective onboarding improves…

• Retention rates 52%

• Time to Productivity 60%

• Overall customer satisfaction 53%

Page 12: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

Strategic Onboarding. Bersin by Deloitte, 2008.

18 MONTHS

The most vulnerable time for a new hire to leave.

8-12 weeks

avg. time to

productivity for

clerical staff

18-22 weeks

avg. time to

productivity for

professional staff

24-28 weeks

avg. time to

productivity for

executives

1/3 managers fail at their new job/role.

50% of the workforce

want to change jobs every 3-5 years.

Page 13: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

1. Planning ahead.

2. Integrating company goals

and culture.

3. Outlining expectations, goals

and success criteria.

4. Utilizing technology and online

training.

5. Involving managers.

Page 14: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

Planning Ahead

• Understand future

needs and potential

gaps.

• Behavior-based

interviewing.

• Character and

culture fit.

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Page 16: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

Company Goals and Culture

• Mission, strategy,

goals.

• What is the

employee’s

impact?

• Information flow

and learning.

Page 17: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

Building a Social Network

60% of managers who fail to onboard successfully cite failure to

establish effective working relationships as a primary reason.

Make connections inside

and outside the

workplace.

Introduce to key people.

Enterprise social network.

Page 18: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

Expectations and Goals

• Learning style and

preferences.

• Management style.

• Performance

measurements.

• Feedback and

coaching.

Companies lose $37 billion each year as a result of employees

not understanding their jobs. Cognisco 2010

Page 19: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

Technology and Training

• Resource delivery.

• LMS and mobile.

• Off-the-shelf and

custom video.

Page 20: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

Mentoring and Coaching

70% of Fortune 500 companies offer mentoring programs.

77% of those with mentoring programs report that these

programs are effective in increasing retention.

Forrester 2010

Knowledge, support and

resources.

Cross functional.

Career guidance and

feedback.

Page 21: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

COMPETENCY LEVELS

CORE COMPETENCIES

Industry and culture

JOB FAMILY COMPETENCIES

Business discipline

JOB ROLE COMPETENCIES

Level of mastery required

ONBOARDING

AND NEW HIRE

TRAINING

Page 22: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

WELCOME AND MTU

New Hire Learning Plan

Training Room Login Instructions

MTU Overview from President

Your Computer Overview

MT Employee Handbook

TLO Associates How-to-Guide

MT Company Review - Welcome

Page 23: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

PCI AND COMPANY POLICY

New Hire Learning Plan

PCI Compliance

PCI Quiz

WORKPLACE POLICY

Employee Awareness Series: Sexual Harassment

Ethics for Everyone

Undeliverable: Email Etiquette for Today’s

Workplace

Page 24: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

OFFICE ESSENTIALS

New Hire Learning Plan

How to Use Outlook 2010

MS Office 2010 Excel: Tips, Tricks and Shortcuts

Part1

MS Office 2010 Excel: Tips, Tricks and Shortcuts

Part 2

MT Community – a How-to-Guide

CONTINUE WITH CORE AND JOB ROLE COMPETENCIES

Page 25: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

The Managers Role

• Performance

expectations.

• Regular feedback.

• Employee

engagement.

Page 26: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

Measuring the Impact

• Productivity

• Time to productivity

• Retention

• Satisfaction

• Employee referrals

• Innovation

• Culture

• Safety

• Compliance

• Loyalty

Page 27: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

IMPACT DIRECT OR INDIRECT METRICS

Productivity Direct Quantitative measure of job duty or objective:

• Sales

• Customer complaints

• Production units

• Reporting errors

Organizational measures, such as incremental

revenue or reduction of costs.

Counter productivity: number of calls to the IT help desk

Before and after performance ratings and

evaluations.

Time to Productivity Direct A measure of productivity but about how long

instead of how much.

Time to first sale or successful completion of other job-specific task.

Time to full productivity as compared to “veteran”

employee.

Creative Onboarding Programs: Tools for Energizing Your Orientation Program. Doris Sims 2011.

Page 28: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

IMPACT DIRECT OR INDIRECT METRICS

Retention Direct The high cost of repeating hiring is well

documented. Very easy to measure and huge

impact.

Turnover within first year

Satisfaction Indirect Similar to “buyer’s remorse” and contributes

indirectly to several other categories.

Employee satisfaction

Before and after “New Employee” survey

.

Employee Referrals Direct Like retention, can have a huge impact and is easy

to measure.

Number of employee referrals from first-year

employees

Innovation Indirect Indirect in that it can impact productivity and cost-

savings.

Number of suggestions

Number of improved processes

Manager and leadership feedback

Page 29: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

IMPACT DIRECT OR INDIRECT METRICS

Culture Indirect Some would call it assimilation; it often affects

counter productivity. Examples:

• Number of manager interventions

• Number of HR interventions

• Manager and leadership feedback

Safety Direct Can relate directly to bottom-line costs and is a

very big concern.

• Insurance expenses

• Medical expenses

• Safety fines

• Number of accidents

.

Compliance Direct Can relate directly to bottom-line costs and is a

very big concern.

• Number of HR infractions

• Legal expenses

Loyalty Indirect Encompasses elements of retention, satisfaction,

and culture.

Before and after “New Employee” survey.

Creative Onboarding Programs: Tools for Energizing Your Orientation Program. Doris Sims 2011.

Page 30: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

1. Planning ahead.

2. Integrating company goals

and culture.

3. Outlining expectations, goals

and success criteria.

4. Utilizing technology and online

training.

5. Involving managers.

Page 31: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

BIZLIBRARY.COM

In a world of learning and development where

complexity is the enemy, BizLibrary has developed a

to delivering high

quality learning, anywhere, anytime.

MICHAEL ROCHELLE

Chief Strategy Officer

Brandon-Hall Group

Page 32: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

BIZLIBRARY.COM

RECOMMENDED BIZLIBRARY RESOURCES

A Question of Evidence – The

Behavioral-based Interview

(22 minutes)

Build a Network - New hires have

a network of resources for

coaching, feedback and skill

building (2 minute)

Page 33: Onboard. Not Overboard. Accelerating New Hire Training. Webinar 02.05.14

BIZLIBRARY.COM

Free trial of the BizLibrary Collection or Demo

5,000+ Courses. 25 Topic Areas. Unlimited Access.

Cloud-based learning and performance management.