Building the Business Case for Onboarding Technology Systems
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With the improved economy and reduced unemployment, globalization, shifts in workforce demographics, and the shortage of critical skills, organizations of all sizes are facing intense pressure to retain the quality talent they struggled to attract and hire.
Organizations are shifting from a labor-intensive, administrative onboarding approach to one that employs technology to automate the paperwork, document management, training, and compliance requirements, and, most importantly, provide the new hire with a better experience that is consistent with the organization’s culture, brand, and value proposition. The workforce is becoming more complex and demanding, and new hires are at a high risk of changing employers. Leading companies are responding by taking a more proactive approach to onboarding.
The goal of this tool is to help companies build a business case for investing in an onboarding technology, either as a point-solution or part of a platform, by helping to identify the challenges, internal pressures, unique onboarding requirements and key stakeholders involved with onboarding. It will outline why companies need to rethink their onboarding process and how an investment in onboarding systems (or a platform that includes onboarding) – which offer advanced capabilities like social and analytics – will drive business outcomes and improve the new hire experience, and thereby increase engagement, speed time-to-productivity/proficiency and reduce attrition.
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