What is digital onboarding?
Digital onboarding is the process of onboarding a new employee using technology like digital onboarding software.
Digital onboarding has many benefits for organizations and new hires:
- Reduces onboarding costs
- Easily sign and submit documents
- Keeps employee documents consistent and compliant
- A faster onboarding process that allows employees to start working sooner
The first day in a new job is exciting. But that excitement can be replaced with anxiety if the employee is bombarded with mounds of paperwork and a list of onboarding tasks that don’t allow them to make connections to their team and new role. If your onboarding process isn’t up to par, your company will likely experience an increase in the early exit rate. SHRM estimates that nearly ⅓ of all new hires quit their jobs within the first 7 months, but companies that implement engaging onboarding programs retain 91% of their workers through the first year. And many experts anticipate even higher numbers with the current candidate-controlled market.
Moving to a digital onboarding process not only creates an automated, streamlined process for the company but also is easier for the candidate to navigate and keep current. Here are the top reasons why using less paper is more engaging, more efficient, and more compliant!