GITNUX MARKETDATA REPORT 2024

Must-Know Employee Onboarding Statistics [Current Data]

With sources from: shrm.org, hbr.org, gallup.com, bamboohr.com and many more

In this post, we explore the crucial impact of employee onboarding on organizational success through a series of compelling statistics. From the significant relationship between structured onboarding programs and employee retention to the influence of effective onboarding experiences on new hire commitment, these statistics shed light on the vital role onboarding plays in shaping employee engagement, productivity, and long-term retention. Join us as we uncover the key insights that highlight the importance of implementing a robust onboarding process within your organization.

Statistic 1

"Companies lose 25% of all new employees within a year if the onboarding process is ineffective."

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Statistic 2

"Employees who had a structured onboarding program were 58% more likely to remain with the organization after three years."

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Statistic 3

"15% of employees said the lack of an effective onboarding process contributed to their decision to quit."

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Statistic 4

"93% of employers agree that a good onboarding experience is critical to influencing a new hire’s decision to stay."

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Statistic 5

"87% of new hires say they are not fully committed to the organization if the onboarding is not engaging."

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Statistic 6

"Organizations with a strong onboarding process improve new hire retention by 82% and productivity by over 70%."

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Statistic 7

"69% of employees are more likely to stay with a company for three years if they experienced great onboarding."

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Statistic 8

"Employees who felt their onboarding was effective were 18 times more likely to feel highly committed to their organization."

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Statistic 9

"On average, a new employee takes about 6 months to settle into a new job."

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Statistic 10

"It takes approximately 8-12 months for a new employee to reach full productivity."

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Statistic 11

"58% of organizations say their onboarding program focuses on processes and paperwork."

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Statistic 12

"20% of employee turnover happens within the first 45 days of employment."

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Statistic 13

"Only 29% of new hires feel fully prepared and supported to excel in their role after onboarding."

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Statistic 14

"Only 12% of employees strongly agree their organization does a great job of onboarding."

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Statistic 15

"60% of employers do not set milestones or goals for new hires during onboarding."

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Statistic 16

"Companies with a standard onboarding process experience 50% greater new hire productivity."

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Statistic 17

"New hires who had a negative onboarding experience are twice as likely to look for new opportunities within the year."

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Statistic 18

"77% of new hires who hit their performance goals had formal onboarding training."

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Statistic 19

"Effective onboarding programs improve employee retention by 82%."

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Statistic 20

"Organizations with strong onboarding processes improve the new hire retention rate by 82% and productivity by over 70%."

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Interpretation

Effective employee onboarding is crucial for organizations to retain talent and boost productivity. The statistics clearly show that a structured onboarding program significantly increases employee retention, with employees being more committed and productive in the long run. Companies that prioritize engaging and supportive onboarding processes not only retain employees better but also enhance overall organizational performance. Investing in a strong onboarding process is key to maximizing new hire success and creating a positive work environment that fosters employee loyalty and productivity.

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