BambooHR, a cloud-based human resource platform based in Lehi, has released a new onboarding study that reveals that companies have just 44 days on average to convince new hires to stay and that first impressions make a lasting impression, for better or worse.
The study of 1,565 full-time U.S. employees and 500 human resources professionals showed that 70 percent of new hires decide if a new job is the right fit for them within the first month, with 29 percent knowing within the first week. The study found that 44 percent of new employees have regrets or second thoughts about their new role within the first week, with 23 percent admitting to crying during their first week.
“These findings show that recruiting top talent doesn’t end with an offer letter,” said Anita Grantham, head of HR at BambooHR. “Smart organizations know that onboarding is actually ‘hiring phase two’ and is much more than a welcome email and a tech checklist. Those critical first 44 days need to create new-hire confidence by continuing to advocate for the company’s mission and values, the importance of the role they fill, and the plans for growth and success a new employee can anticipate.”
According to the study, employees’ top frustrations with onboarding include a lack of clarity around who can answer questions (65 percent), inadequate training on company products and services (62 percent) and technology issues (51 percent).