AceNgage's New Hire Engagement program, which is designed to help companies improve the new hire experience and reduce early attrition. The program involves trained engagement specialists who hand-hold new hires from the time of offer till the date of joining, proactively addressing any questions or concerns they may have. The brochure highlights the benefits of the program, including improved new hire experience, reduced early attrition, and strengthened existing processes.
AceNgage New Hire Engagement: A Guide to Improving Retention and Reducing Early Attrition
1. NEW HIRE ENGAGEMENT
● IMPROVE NEW HIRE EXPERIENCE
● AUDIT IMPLEMENTATION OF PROCESSES
● REDUCE EARLY ATTRITION
● RAG ANALYSIS OF NEW HIRES
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by
2. 37,190
New Hires spoken so far …andcounting!
Trained Engagement Specialistsprovide a
consistent approach to the entire
process of collecting feedback in away
that is non threatening as well as
insightful. Organisations no longer have
to worry about inconsistent questioning
systems and feedback mechanisms.
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STORY SO FAR …..
12% increase in New hire experience
6% drop in Early attrition
3. OUR RESEARCH HAS SHOWN THAT….
1 in 3 New hires quit
because of their
experience during the first
100 days
43% percent of employees
reported that their day-to-
day roles were different from
how they were described
during the hiring process
82%
43%
3
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Organizations with a strong
onboarding process improve
new hire retention by 82%
and productivity by over
70%
4. 1. Poor employee morale when new hires leave
2. Client dissatisfaction when a person they have interviewed has joined and
left in short time
3. Increase in business costs by ‘panic-hiring’ someone with the same skills
4. Need to start from sourcing again because of New Hire attrition
5. Recruitment costs and all associated costs – training/ onboarding etc
increase
REVENUE LEAKAGE BOTH TANGIBLE &INTANGIBLE ADD UP TO
HUGE AMOUNTS WHEN TAKENTOGETHER
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IMPACT OF NEW HIRE ATTRITION
5. *Based on a study conducted with 21,000 New hires, across industries
Note: 79% of the New hires leave due to Controllable factors
WHY DO NEW HIRES QUIT?
6. WHAT DOES AceNgage DO
KNOW THE COMPANY CONTINUOUS FEEDBACK INSIGHTFUL DATA
Frequency of calls with New Hires :
1. Multiple calls ( averaging one every 10 days ) to gauge experience and see if everything is going well
2. Give New hires the confidence that they have made the right choice
3. Track reasons for disengagement and report feedback on all early engagement related issues
4. Close loop with new hires on all open items
Feedback capture covers :
• Process adherence
• Personal experience
Reporting includes:
o Weekly calls with Internal response team ( IRT ) to discuss all concerns that have been raised
o Monthly report on top issues being raised and specific feedback on key areas identified at the start of the engagement
Value added services:
ü Financial planning session. Save a little money, start early OR How to manage stress
ü Profile of each new hire to be given to Managers at the end of 120 days to help them engage with them better
LET NEW HIRES KNOW THAT YOU ‘ REALLY ‘ CARE FOR THEM 6
7. STAGES OF THE ACTIVITY*
*This is just indicative, the exact schedule will be customized to your specifications
8. OUR VALUE ADD
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8
As part of this program AceNgage Engagement Specialist hand-hold New hires from the
time of offer till the date of joining and help them through the entire process. Our
Engagement Specialist will proactively address any questions or concerns the candidates
may have post accepting the offer.
IMPROVE NEW HIRE EXPERIENCE
Continuously engaging with new hires makes them feel that you
care and give the the confidence and trust to bring issues out in
the open.
REDUCE NEW HIRE ATTRITION
As part of the engagement, we conduct a RAG analysis and
proactive conversation with the Reds & Ambers will help mitigate
the attrition risk
STREGTHEN EXISTING PROCESSES
The continuous monitoring mechanism will help Organisations
improve and evolve
9. How do you keep new hires engaged when
they’re working from home?
Time to refresh the entire approach to new
hire engagement.
Employees with good Onboarding
Experience are 18x more committed to
their work and to the Organisation
Ngage with us
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