Accuchex Blog

Be Clear On The Rising Costs Of Employee Turnover

Posted by Leslie Ruhland on Jul 19, 2018 8:23:32 PM

Business owners are always striving to keep costs down while looking to generate greater profits. But one of the areas of cost that is often miscalculated is the cost of employee turnover. And it is greater than you think.

According to work management company Wrike, employee turnover is costing U.S. companies over $160 billion a year. And Harvard Business Review notes that high performing employees can deliver up to 400 percent more than the average co-worker. Consequently, the loss of a high performing worker can vastly increase the costs that result from their departure.

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Topics: HR best practices, recruiting and hiring, employee onboarding, employee turnover, workforce management

7 Best Practices For New Hire Onboarding [Infographic]

Posted by Leslie Ruhland on Jun 29, 2018 6:00:00 AM

The proper onboarding of new employees has far reaching implications for any organization. Knowing just what to do and how to do it well, however, can be a challenge for any HR manager or workforce management professional.

Exactly what your onboarding process should look like is going to be determined primarily by your business model, your industry, the size of your organization and - to a significant degree - by your company's culture.

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Topics: HR best practices, onboarding best practices, employee onboarding process, employee onboarding, handbook

5 Mistakes To Avoid When Onboarding New Hires

Posted by Leslie Ruhland on Jun 12, 2018 9:20:09 PM

Many companies have a process for bringing new hires on board their organizations. Unfortunately, many others do not. And, in fact, these businesses diminish their own employee retention because of it.

An onboarding process for new hires is often approached as cursory task, involving little more than setting up a work station and taking a quick tour around the work place. But onboarding, done properly, can provide a great opportunity to ensure long-term employee retention, and speed the transition process.
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Topics: new hire, onboarding best practices, employee onboarding process, employee onboarding, workforce management

6 Steps To A Successful New Hire Onboarding Journey

Posted by Leslie Ruhland on Apr 13, 2018 4:48:26 PM

One of the most costly investments for any business, especially SMBs, is a new hire. And the process of bringing on new employees is one of the most critical steps in retaining your investment.

Finding, recruiting and hiring a new employee can be a time-consuming and even costly venture that is often fraught with uncertainty. Despite the advent of recruiting software, apps and online services, finding the right fit for a position and your organization is challenging.

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Topics: recruiting and hiring, new hire, onboarding best practices, employee onboarding process, employee onboarding

Be Clear On New Hire Onboarding

Posted by Leslie Ruhland on Mar 28, 2018 4:44:11 PM

Your employees are your most valuable assets and should be your greatest investment. Unfortunately, too many organizations give little thought or effort to the effective onboarding of new hires.

Statistics have shown that the quality and depth of the new hire onboarding experience has a direct correlation to both employee loyalty and performance. From a purely financial perspective, this means higher employee retention rates along with lower acquisition costs, and a stronger ROI from employee productivity.

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Topics: policies and procedures, new hire, onboarding best practices, employee onboarding process, employee onboarding

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