HR and L&D teams pay a lot of attention to onboarding, since nearly one-quarter of new employees leave a job within the first 45 days. Want to know how to reduce turnover during onboarding? The solution might not be during onboarding, exactly: if you wait until day one to engage a new hire, you’ve already fallen behind: in 2019, 65% of employers reported hiring people who do not show up on their first day.
Preboarding is the time between signing a job offer and starting the job, and it can make or break your new-hire experience. Left unattended, 80% of workers struggle with anxiety while waiting to start a new job, a feeling that lingers after their start date and damages enthusiasm, productivity, and longevity. Even worse, second thoughts can lead to reneging on an accepted position: according to a 2019 survey, 28% of professionals have done so.