Thanks to the development of technology and changes that occurred because of the COVID-19 pandemic, company structures are changing in nearly every industry. Some incorporate a hybrid workplace, allowing for both in-person and remote employees, while others take advantage of a completely remote workforce or endeavor to return to a completely in-person setup.
No matter how your team is structured, however, a critical step for any new hire is onboarding. Onboarding is the process in which new hires are welcomed at a company and introduced to the most important organizational material.
Onboarding is essential, but it also might seem like a lot of work. As such, you may find yourself wondering, "Why does onboarding matter?" Read on to understand its ins and outs, as well as how important it is in creating a cohesive and productive workforce.
Why Does Onboarding Matter? Start By Understanding What Onboarding Is
Onboarding is the process of welcoming people to your company. During onboarding, you introduce new hires to their team, their daily job tasks, and how basic organizational processes work. Onboarding can happen through a series of videos that employees are assigned to watch before they start work. Alternatively, onboarding can be a process that takes place in person through a series of meetings during an employee's first days and weeks on the job.
A fruitful onboarding process takes a significant amount of time and energy to get right. As such, you may be wondering: Why does onboarding matter? In fact, onboarding is crucial for teams that want to succeed. If you're a business dedicated to building a strong culture, you can't skip the onboarding process.
Want a virtual tool to help you through the onboarding process? Consider using Viostream, one of the world's best enterprise video tools. The platform makes cloud-based video storage and sharing easy, so your employees can go through onboarding from anywhere, as long as they have an internet connection.
Learn More: How Video Streamlines the Employee Onboarding Experience
Why Does Onboarding Matter? The Reasons You Must Onboard New Employees
If you're still questioning whether or not onboarding matters, it's simple: the majority of research proves that it does. Here's are just a few examples:
Onboarding Gives New Hires Purpose
A study by Mckinsey recently answered the question, "Why does onboarding matter?" by showing that, to retain employees, you need to be clear about what their purpose is. Over 70% of people derive purpose from their work, and if they feel that their day-to-day tasks are pointless, they may very well feel useless both in their life beyond work as well as on the job. During onboarding, you can be clear about what problems your company solves and the part your new hire plays in helping to solve that problem. Onboarding is a chance to show an employee how they're going to make a difference at your organization, and help keep their morale high during the time they are your employee.
Onboarding Boosts Retention
Depending on societal employment and hiring trends, it can feel difficult to find good candidates to fill all your open positions, or it can be challenging to keep all open roles at your organization filled. Conversely, studies show that you're 82% more likely to retain employees who have gone through onboarding than if you had not onboarded them. If you've found a good hire, you should take the time to officially welcome them to your company and teach them the ropes. That way, when you encounter periods where it is challenging to find the talent you need, having an onboarding process can ensure your existing team remains solid.
Onboarding Builds Strong Teams
Why does onboarding matter? Studies by Gallup show that the most important part of onboarding is fostering relationships between new team members and other people at the company. By helping to nurture strong connections, you create a culture where people at work care about one another and want to help each other when they can. When you have a team where everyone is invested, not just in the company but in each other, not only do people work harder, they are happier too.
Why Does Onboarding Matter? How Viostream Can Help
You started by asking, "Why does onboarding matter?" Now, hopefully, you understand why having a formal onboarding process for your team members is crucial for the success of your company. Whether you have a hybrid workforce, a totally remote team, or an in-office staff, onboarding ensures that everyone at your organization brings everyone into the fold from the very start. Onboarding also ensures that people who work for you know all the important lingo and that they're clued into the most important business processes from day one. This can save you a lot of time and energy trying to foster engagement down the road--or worse, hiring new employees to replace those that leave.
You no longer need to ask "why does onboarding matter?" Now, all you need is a tool to help bolster the virtual component of your onboarding experience. That's where Viostream can help. Viostream provides companies is a cloud-based storage space to store all your virtual onboarding videos. Onboarding videos allow new employees to begin the onboarding process from the minute they're hired before they even come to the office. This ensures they already feel like a part of the team before they report for duty. They will know the ropes and the company, which means they can jump right into their job, working to help your company grow.
Not only does Viostream help you store onboarding and training videos that can be accessed remotely. Viostream also offers companies the ability to broadcast live events to people all over the globe. If you are going to have a live onboarding event or a meeting that you want new hires to attend without having to come into the office, Viostream's live streaming capabilities will allow you to do just that.
Want to see more of Viostream's features that can help you build a stronger and more effective team? Start your free trial today and explore everything Viostream has to offer for two weeks.
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