BambooHR Survey: 76 Percent of New Hires Say Training is Key to Success
BambooHR, software-as-a-service (SaaS) provider of online HR software for small and medium businesses, recently released the results of its nationwide survey. The survey of more than 1,000 U.S. employees revealed the key components of an effective onboarding program, as discovered by the preferences of new employees. And what did new hires say was the most important aspect of the onboarding process? Training.
According to the survey, 76 percent of respondents agree that receiving on-the-job training is the most important component of a new employee getting up to speed and beginning to contribute quickly.
Other key findings include:
- 43 percent of respondents feel time and money are wasted on ineffective onboarding processes, with the largest percentage of this group believing that “over $10,000/year” is wasted
- Less than 1 percent of workers selected “free food and perks” as something that would have “helped them stay” at a job they quit after having worked there fewer than six months
- 15 percent of employees said the lack of an effective onboarding process contributed to them quitting or considering quitting a job
- “Receiving organized, relevant and well-timed content” (52 percent overall: 55 percent of non-managers versus 49 percent of managers) is considered to be the most important aspect of the onboarding process
- On-the-job training is the No. 1 aspect of a new-hire orientation that employees feel needs to be updated (41 percent of total respondents), followed by the assignment of an employee “buddy” or mentor (37percent of total respondents)
- According to those who quit jobs after working fewer than six months, “review and feedback of early contributions” is one of the most important things a new employee needs to get up to speed and begin contributing quickly (53 percent of those who have quit a job versus 45 percent of those who haven’t quit a job in less than six months)
- Management has the greatest influence on whether a new-hire orientation is effective or not (according to 33 percent of total respondents)