New hire onboarding refers to the process of integrating new employees into your company. While orientation is typically a single day event, onboarding tends to be more of an ongoing process that helps prepare new hires for success at your organization.
Unfortunately, many companies underestimate the value of new hire onboarding as roughly 25% of do not offer any kind of formal onboarding. and nearly half of all companies report that they have a partial process in place. In the absence of a form onboarding program, new employees are likely to be less productive than they could be and may even feel stressed as they try to learn the ropes at your company.
The Benefits of New Hire Onboarding
A comprehensive and engaging new hire onboarding program can bring a number of benefits to both your company and your new employees, such as:
Increased Productivity
Employees that are properly engaged by the company right from the start are more likely to concentrate on their work and ensure that they are properly adhering to the company’s procedures and processes. Effective onboarding decreases the timeframe in which you can expect new hires to get up-to-speed and performing at desired levels.
Reduced Turnover
Multiple studies have show that, by offering a new hire onboarding program, your company can expect employees to stay with you longer and grow with your organization, often into future leadership roles. This reduction in turnover alone can bring a significant return-on-investment (ROI) to your onboarding program.
Understand the Company Mission
Another significant benefit of formal onboarding is in helping new hires to understand the mission of your organization and their role in helping to achieve it. Sharing this “bigger picture” with new hires can help motivate them to excel in their new job while supporting their colleagues in the process.
eLearning and LMS Technology for New Hire Onboarding
Online learning, or “eLearning”, refers to the use of electronic technologies (primarily, the Internet) as the foundation for your onboarding program. While in years past, most onboarding programs relied on in-person, classroom-based instruction, the availability of more powerful cloud-based technologies, combined with increasingly remote workforces (a trend that was in place before COVID-19) has made eLearning the preferred approach for onboarding and other types of corporate training and workforce development.
The core technology that supports all types of eLearning programs, including new hire onboarding, is a Learning Management System, or “LMS”. An LMS is the application that is used to build, deliver, manage, and track employee engagement and success.
Over the past decade or so, many companies have chosen to move away from “standing up” an LMS on their own servers, in favor of leveraging third-party technologies offered by cloud-based LMS vendors. This strategy eliminates the need to make a large, up-front investment in hardware and software and shifts the ongoing responsibility for the management and maintenance of the system to the cloud vendor.
LMS Portals for eLearning-Based New Hire Onboarding
LMS Portals provides our clients and partners with a cloud-based, multi-tenant learning management system that allows you to launch multiple, private eLearning environments (portals) on-demand. Each portal you launch can be uniquely branded and includes supporting tools to build and manage courses and categories, invite and manage users, offer messaging and collaboration, and capture important data and analytics.
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