By Robert Cordray
According to recent statistics furnished by Monster.com, 30% of external new hires turn over within the first two years of employment. Other organizations, such as the Society for Human Resources Management, report that turnover during the first 18 months of employment can be as much as 50%. As more and more Millennials, who are known to change jobs frequently, enter the workforce, the trend toward shorter employee retention is likely to continue — making the onboarding process more critical than ever.
For those organizations looking to boost employee retention through more effective onboarding, here’s a look at some successful and innovative tactics that have long-term results.
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