SlideShare a Scribd company logo
1 of 9
Download to read offline
NEW HIRE ENGAGEMENT
● IMPROVE NEW HIRE EXPERIENCE
● AUDIT IMPLEMENTATION OF PROCESSES
● REDUCE EARLY ATTRITION
● RAG ANALYSIS OF NEW HIRES
Copyright of AceNgage Infoservices Pvt. Ltd. |Confidential document
by
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.
Copyright of AceNgage Infoservices Pvt. Ltd. |Confidential document
STORY SO FAR …..
12% increase in New hire experience
6% drop in Early attrition
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
Copyright of AceNgage Infoservices Pvt. Ltd. |Confidential document
Organizations with a strong
onboarding process improve
new hire retention by 82%
and productivity by over
70%
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
Copyright of AceNgage Infoservices Pvt. Ltd. |Confidential document
IMPACT OF NEW HIRE ATTRITION
*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?
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
STAGES OF THE ACTIVITY*
*This is just indicative, the exact schedule will be customized to your specifications
OUR VALUE ADD
Copyright of AceNgage Infoservices Pvt. Ltd. |Confidential document
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
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
Copyright of AceNgage Infoservices Pvt. Ltd. |Confidential document
We’re here to help

More Related Content

Similar to AceNgage New Hire Engagement: A Guide to Improving Retention and Reducing Early Attrition

Importance of employee on boarding
Importance of employee on boardingImportance of employee on boarding
Importance of employee on boardingankiit aggarwal
 
Re imagine On boarding
Re imagine On boardingRe imagine On boarding
Re imagine On boardingEjemen Okojie
 
A study on reward and recognition program 2016
A study on reward and recognition program  2016A study on reward and recognition program  2016
A study on reward and recognition program 2016Anand Yogesh
 
A study on reward and recognition program 2016
A study on reward and recognition program  2016A study on reward and recognition program  2016
A study on reward and recognition program 2016Anand Yogesh
 
Employee attachment 45 seminar
Employee attachment 45 seminarEmployee attachment 45 seminar
Employee attachment 45 seminarGuideDotYou
 
Talent Talk Webinar Retention Key To Successful Recruiting
Talent Talk Webinar Retention Key To Successful RecruitingTalent Talk Webinar Retention Key To Successful Recruiting
Talent Talk Webinar Retention Key To Successful RecruitingDavid Freeman
 
7 Ways to Increase Agency Profits
7 Ways to Increase Agency Profits7 Ways to Increase Agency Profits
7 Ways to Increase Agency ProfitsThe Agency Works
 
Employment Today and SilkRoad Feb17 Mag Issue
Employment Today and SilkRoad Feb17 Mag IssueEmployment Today and SilkRoad Feb17 Mag Issue
Employment Today and SilkRoad Feb17 Mag IssueWinny Tang
 
SilkRoad and Employment Today: Set for Success
SilkRoad and Employment Today: Set for SuccessSilkRoad and Employment Today: Set for Success
SilkRoad and Employment Today: Set for SuccessWinny Tang
 
New Business Mastery
New Business MasteryNew Business Mastery
New Business MasteryMedia Social
 
Introducting New Business Mastery for Agencies™ - Closing on Your Terms
Introducting New Business Mastery for Agencies™ - Closing on Your TermsIntroducting New Business Mastery for Agencies™ - Closing on Your Terms
Introducting New Business Mastery for Agencies™ - Closing on Your TermsJulia Vargiu
 
HR for Small Businesses
HR for Small BusinessesHR for Small Businesses
HR for Small BusinessesSage HR
 
Six Sigma Recruiting
Six Sigma RecruitingSix Sigma Recruiting
Six Sigma RecruitingJason Buss
 
ADP_Outsourcing_Guide_English
ADP_Outsourcing_Guide_EnglishADP_Outsourcing_Guide_English
ADP_Outsourcing_Guide_EnglishJDClarity
 
An Ultimate Guide to Employee Onboarding
An Ultimate Guide to Employee OnboardingAn Ultimate Guide to Employee Onboarding
An Ultimate Guide to Employee OnboardingEMP Trust Solutions
 

Similar to AceNgage New Hire Engagement: A Guide to Improving Retention and Reducing Early Attrition (20)

Importance of employee on boarding
Importance of employee on boardingImportance of employee on boarding
Importance of employee on boarding
 
Re imagine On boarding
Re imagine On boardingRe imagine On boarding
Re imagine On boarding
 
Ace ngage corporate deck
Ace ngage corporate deckAce ngage corporate deck
Ace ngage corporate deck
 
AceNgage corporate deck
AceNgage corporate deck AceNgage corporate deck
AceNgage corporate deck
 
New employee orientations
New employee orientationsNew employee orientations
New employee orientations
 
A study on reward and recognition program 2016
A study on reward and recognition program  2016A study on reward and recognition program  2016
A study on reward and recognition program 2016
 
A study on reward and recognition program 2016
A study on reward and recognition program  2016A study on reward and recognition program  2016
A study on reward and recognition program 2016
 
Employee attachment 45 seminar
Employee attachment 45 seminarEmployee attachment 45 seminar
Employee attachment 45 seminar
 
Talent Talk Webinar Retention Key To Successful Recruiting
Talent Talk Webinar Retention Key To Successful RecruitingTalent Talk Webinar Retention Key To Successful Recruiting
Talent Talk Webinar Retention Key To Successful Recruiting
 
Selection Process ppt.pptx
Selection Process ppt.pptxSelection Process ppt.pptx
Selection Process ppt.pptx
 
7 Ways to Increase Agency Profits
7 Ways to Increase Agency Profits7 Ways to Increase Agency Profits
7 Ways to Increase Agency Profits
 
Employment Today and SilkRoad Feb17 Mag Issue
Employment Today and SilkRoad Feb17 Mag IssueEmployment Today and SilkRoad Feb17 Mag Issue
Employment Today and SilkRoad Feb17 Mag Issue
 
SilkRoad and Employment Today: Set for Success
SilkRoad and Employment Today: Set for SuccessSilkRoad and Employment Today: Set for Success
SilkRoad and Employment Today: Set for Success
 
New Business Mastery
New Business MasteryNew Business Mastery
New Business Mastery
 
Introducting New Business Mastery for Agencies™ - Closing on Your Terms
Introducting New Business Mastery for Agencies™ - Closing on Your TermsIntroducting New Business Mastery for Agencies™ - Closing on Your Terms
Introducting New Business Mastery for Agencies™ - Closing on Your Terms
 
Fulltext
FulltextFulltext
Fulltext
 
HR for Small Businesses
HR for Small BusinessesHR for Small Businesses
HR for Small Businesses
 
Six Sigma Recruiting
Six Sigma RecruitingSix Sigma Recruiting
Six Sigma Recruiting
 
ADP_Outsourcing_Guide_English
ADP_Outsourcing_Guide_EnglishADP_Outsourcing_Guide_English
ADP_Outsourcing_Guide_English
 
An Ultimate Guide to Employee Onboarding
An Ultimate Guide to Employee OnboardingAn Ultimate Guide to Employee Onboarding
An Ultimate Guide to Employee Onboarding
 

More from AceNgage Infoservices Pvt Ltd

AceNgage yXit Exit Interview Suite: Uncover the Truth and Build Actionable In...
AceNgage yXit Exit Interview Suite: Uncover the Truth and Build Actionable In...AceNgage yXit Exit Interview Suite: Uncover the Truth and Build Actionable In...
AceNgage yXit Exit Interview Suite: Uncover the Truth and Build Actionable In...AceNgage Infoservices Pvt Ltd
 
Listen to Your Managers: A Guide to Improving Manager Engagement
Listen to Your Managers: A Guide to Improving Manager EngagementListen to Your Managers: A Guide to Improving Manager Engagement
Listen to Your Managers: A Guide to Improving Manager EngagementAceNgage Infoservices Pvt Ltd
 
AceNgage's Employee Engagement Surveys, which are designed to help companies ...
AceNgage's Employee Engagement Surveys, which are designed to help companies ...AceNgage's Employee Engagement Surveys, which are designed to help companies ...
AceNgage's Employee Engagement Surveys, which are designed to help companies ...AceNgage Infoservices Pvt Ltd
 
AceNgage's Train to Retain program, which is designed to help managers and HR...
AceNgage's Train to Retain program, which is designed to help managers and HR...AceNgage's Train to Retain program, which is designed to help managers and HR...
AceNgage's Train to Retain program, which is designed to help managers and HR...AceNgage Infoservices Pvt Ltd
 

More from AceNgage Infoservices Pvt Ltd (14)

AceNgage yXit Exit Interview Suite: Uncover the Truth and Build Actionable In...
AceNgage yXit Exit Interview Suite: Uncover the Truth and Build Actionable In...AceNgage yXit Exit Interview Suite: Uncover the Truth and Build Actionable In...
AceNgage yXit Exit Interview Suite: Uncover the Truth and Build Actionable In...
 
Listen to Your Managers: A Guide to Improving Manager Engagement
Listen to Your Managers: A Guide to Improving Manager EngagementListen to Your Managers: A Guide to Improving Manager Engagement
Listen to Your Managers: A Guide to Improving Manager Engagement
 
AceNgage's Employee Engagement Surveys, which are designed to help companies ...
AceNgage's Employee Engagement Surveys, which are designed to help companies ...AceNgage's Employee Engagement Surveys, which are designed to help companies ...
AceNgage's Employee Engagement Surveys, which are designed to help companies ...
 
AceNgage's Train to Retain program, which is designed to help managers and HR...
AceNgage's Train to Retain program, which is designed to help managers and HR...AceNgage's Train to Retain program, which is designed to help managers and HR...
AceNgage's Train to Retain program, which is designed to help managers and HR...
 
Towards Reducing Workplace Harassment
Towards Reducing Workplace HarassmentTowards Reducing Workplace Harassment
Towards Reducing Workplace Harassment
 
First Time Manager Training Program
First Time Manager Training ProgramFirst Time Manager Training Program
First Time Manager Training Program
 
Candidate Engagement Program
Candidate Engagement ProgramCandidate Engagement Program
Candidate Engagement Program
 
Attrition Reduction at a leading BFSI Company
Attrition Reduction at a leading BFSI CompanyAttrition Reduction at a leading BFSI Company
Attrition Reduction at a leading BFSI Company
 
Attrition Reduction at an IT Services Company
Attrition Reduction at an IT Services CompanyAttrition Reduction at an IT Services Company
Attrition Reduction at an IT Services Company
 
Sample esat survey
Sample esat surveySample esat survey
Sample esat survey
 
About y xit
About y xitAbout y xit
About y xit
 
Sample manager-scorecard-ace ngage
Sample manager-scorecard-ace ngageSample manager-scorecard-ace ngage
Sample manager-scorecard-ace ngage
 
Manager score card - sample report
Manager score card - sample  reportManager score card - sample  report
Manager score card - sample report
 
Sample Reports
Sample ReportsSample Reports
Sample Reports
 

Recently uploaded

Intern Exit Interview Questions and Answers
Intern Exit Interview Questions and AnswersIntern Exit Interview Questions and Answers
Intern Exit Interview Questions and AnswersHireQuotient
 
Advantages of Human Resource Management System
Advantages of Human Resource Management SystemAdvantages of Human Resource Management System
Advantages of Human Resource Management SystemHireQuotient
 
How Leading Companies Deliver Value with People Analytics
How Leading Companies Deliver Value with People AnalyticsHow Leading Companies Deliver Value with People Analytics
How Leading Companies Deliver Value with People AnalyticsDavid Green
 
Mastering Vendor Selection and Partnership Management
Mastering Vendor Selection and Partnership ManagementMastering Vendor Selection and Partnership Management
Mastering Vendor Selection and Partnership ManagementBoundless HQ
 
Austin Recruiter Network Meeting April 25, 2024
Austin Recruiter Network Meeting April 25, 2024Austin Recruiter Network Meeting April 25, 2024
Austin Recruiter Network Meeting April 25, 2024Dan Medlin
 
Employee Roles & Responsibilities: Driving Organizational Success
Employee Roles & Responsibilities: Driving Organizational SuccessEmployee Roles & Responsibilities: Driving Organizational Success
Employee Roles & Responsibilities: Driving Organizational SuccessHireQuotient
 
VIP Russian Call Girls in Indore Komal 💚😋 9256729539 🚀 Indore Escorts
VIP Russian Call Girls in Indore Komal 💚😋  9256729539 🚀 Indore EscortsVIP Russian Call Girls in Indore Komal 💚😋  9256729539 🚀 Indore Escorts
VIP Russian Call Girls in Indore Komal 💚😋 9256729539 🚀 Indore Escortsaditipandeya
 
Cleared Job Fair Handbook | May 2, 2024
Cleared Job Fair Handbook  |  May 2, 2024Cleared Job Fair Handbook  |  May 2, 2024
Cleared Job Fair Handbook | May 2, 2024ClearedJobs.Net
 
Employee Engagement Trend Analysis.pptx.
Employee Engagement Trend Analysis.pptx.Employee Engagement Trend Analysis.pptx.
Employee Engagement Trend Analysis.pptx.ShrayasiRoy
 
Intern Welcome LinkedIn Periodical (1).pdf
Intern Welcome LinkedIn Periodical (1).pdfIntern Welcome LinkedIn Periodical (1).pdf
Intern Welcome LinkedIn Periodical (1).pdfmarketing659039
 
Cheap Rate ➥8448380779 ▻Call Girls In Sector 29 Gurgaon
Cheap Rate ➥8448380779 ▻Call Girls In Sector 29 GurgaonCheap Rate ➥8448380779 ▻Call Girls In Sector 29 Gurgaon
Cheap Rate ➥8448380779 ▻Call Girls In Sector 29 GurgaonDelhi Call girls
 
Creative Director vs. Design Director: Key Differences for Recruiters
Creative Director vs. Design Director: Key Differences for RecruitersCreative Director vs. Design Director: Key Differences for Recruiters
Creative Director vs. Design Director: Key Differences for RecruitersHireQuotient
 
Escorts in Lucknow 9548273370 WhatsApp visit your hotel or office Independent...
Escorts in Lucknow 9548273370 WhatsApp visit your hotel or office Independent...Escorts in Lucknow 9548273370 WhatsApp visit your hotel or office Independent...
Escorts in Lucknow 9548273370 WhatsApp visit your hotel or office Independent...makika9823
 
Ways to Make the Most of Temporary Part Time Jobs
Ways to Make the Most of Temporary Part Time JobsWays to Make the Most of Temporary Part Time Jobs
Ways to Make the Most of Temporary Part Time JobsSnapJob
 
Model Call Girl in Keshav Puram Delhi reach out to us at 🔝8264348440🔝
Model Call Girl in Keshav Puram Delhi reach out to us at 🔝8264348440🔝Model Call Girl in Keshav Puram Delhi reach out to us at 🔝8264348440🔝
Model Call Girl in Keshav Puram Delhi reach out to us at 🔝8264348440🔝soniya singh
 
Webinar - Payscale Innovation Unleashed: New features and data evolving the c...
Webinar - Payscale Innovation Unleashed: New features and data evolving the c...Webinar - Payscale Innovation Unleashed: New features and data evolving the c...
Webinar - Payscale Innovation Unleashed: New features and data evolving the c...PayScale, Inc.
 
Situational Questions for Team Leader Interviews in BPO with Sample Answers
Situational Questions for Team Leader Interviews in BPO with Sample AnswersSituational Questions for Team Leader Interviews in BPO with Sample Answers
Situational Questions for Team Leader Interviews in BPO with Sample AnswersHireQuotient
 
Copy of Periodical - Employee Spotlight (8).pdf
Copy of Periodical - Employee Spotlight (8).pdfCopy of Periodical - Employee Spotlight (8).pdf
Copy of Periodical - Employee Spotlight (8).pdfmarketing659039
 

Recently uploaded (20)

Intern Exit Interview Questions and Answers
Intern Exit Interview Questions and AnswersIntern Exit Interview Questions and Answers
Intern Exit Interview Questions and Answers
 
Advantages of Human Resource Management System
Advantages of Human Resource Management SystemAdvantages of Human Resource Management System
Advantages of Human Resource Management System
 
How Leading Companies Deliver Value with People Analytics
How Leading Companies Deliver Value with People AnalyticsHow Leading Companies Deliver Value with People Analytics
How Leading Companies Deliver Value with People Analytics
 
Mastering Vendor Selection and Partnership Management
Mastering Vendor Selection and Partnership ManagementMastering Vendor Selection and Partnership Management
Mastering Vendor Selection and Partnership Management
 
9953330565 Low Rate Call Girls In Vijay Nagar Delhi NCR
9953330565 Low Rate Call Girls In Vijay Nagar Delhi NCR9953330565 Low Rate Call Girls In Vijay Nagar Delhi NCR
9953330565 Low Rate Call Girls In Vijay Nagar Delhi NCR
 
Austin Recruiter Network Meeting April 25, 2024
Austin Recruiter Network Meeting April 25, 2024Austin Recruiter Network Meeting April 25, 2024
Austin Recruiter Network Meeting April 25, 2024
 
Employee Roles & Responsibilities: Driving Organizational Success
Employee Roles & Responsibilities: Driving Organizational SuccessEmployee Roles & Responsibilities: Driving Organizational Success
Employee Roles & Responsibilities: Driving Organizational Success
 
VIP Russian Call Girls in Indore Komal 💚😋 9256729539 🚀 Indore Escorts
VIP Russian Call Girls in Indore Komal 💚😋  9256729539 🚀 Indore EscortsVIP Russian Call Girls in Indore Komal 💚😋  9256729539 🚀 Indore Escorts
VIP Russian Call Girls in Indore Komal 💚😋 9256729539 🚀 Indore Escorts
 
Cleared Job Fair Handbook | May 2, 2024
Cleared Job Fair Handbook  |  May 2, 2024Cleared Job Fair Handbook  |  May 2, 2024
Cleared Job Fair Handbook | May 2, 2024
 
Employee Engagement Trend Analysis.pptx.
Employee Engagement Trend Analysis.pptx.Employee Engagement Trend Analysis.pptx.
Employee Engagement Trend Analysis.pptx.
 
Intern Welcome LinkedIn Periodical (1).pdf
Intern Welcome LinkedIn Periodical (1).pdfIntern Welcome LinkedIn Periodical (1).pdf
Intern Welcome LinkedIn Periodical (1).pdf
 
Cheap Rate ➥8448380779 ▻Call Girls In Sector 29 Gurgaon
Cheap Rate ➥8448380779 ▻Call Girls In Sector 29 GurgaonCheap Rate ➥8448380779 ▻Call Girls In Sector 29 Gurgaon
Cheap Rate ➥8448380779 ▻Call Girls In Sector 29 Gurgaon
 
Creative Director vs. Design Director: Key Differences for Recruiters
Creative Director vs. Design Director: Key Differences for RecruitersCreative Director vs. Design Director: Key Differences for Recruiters
Creative Director vs. Design Director: Key Differences for Recruiters
 
Escorts in Lucknow 9548273370 WhatsApp visit your hotel or office Independent...
Escorts in Lucknow 9548273370 WhatsApp visit your hotel or office Independent...Escorts in Lucknow 9548273370 WhatsApp visit your hotel or office Independent...
Escorts in Lucknow 9548273370 WhatsApp visit your hotel or office Independent...
 
Ways to Make the Most of Temporary Part Time Jobs
Ways to Make the Most of Temporary Part Time JobsWays to Make the Most of Temporary Part Time Jobs
Ways to Make the Most of Temporary Part Time Jobs
 
Model Call Girl in Keshav Puram Delhi reach out to us at 🔝8264348440🔝
Model Call Girl in Keshav Puram Delhi reach out to us at 🔝8264348440🔝Model Call Girl in Keshav Puram Delhi reach out to us at 🔝8264348440🔝
Model Call Girl in Keshav Puram Delhi reach out to us at 🔝8264348440🔝
 
Webinar - Payscale Innovation Unleashed: New features and data evolving the c...
Webinar - Payscale Innovation Unleashed: New features and data evolving the c...Webinar - Payscale Innovation Unleashed: New features and data evolving the c...
Webinar - Payscale Innovation Unleashed: New features and data evolving the c...
 
escort service sasti (*~Call Girls in Rajender Nagar Metro❤️9953056974
escort service sasti (*~Call Girls in Rajender Nagar Metro❤️9953056974escort service sasti (*~Call Girls in Rajender Nagar Metro❤️9953056974
escort service sasti (*~Call Girls in Rajender Nagar Metro❤️9953056974
 
Situational Questions for Team Leader Interviews in BPO with Sample Answers
Situational Questions for Team Leader Interviews in BPO with Sample AnswersSituational Questions for Team Leader Interviews in BPO with Sample Answers
Situational Questions for Team Leader Interviews in BPO with Sample Answers
 
Copy of Periodical - Employee Spotlight (8).pdf
Copy of Periodical - Employee Spotlight (8).pdfCopy of Periodical - Employee Spotlight (8).pdf
Copy of Periodical - Employee Spotlight (8).pdf
 

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 Copyright of AceNgage Infoservices Pvt. Ltd. |Confidential document 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. Copyright of AceNgage Infoservices Pvt. Ltd. |Confidential document 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 Copyright of AceNgage Infoservices Pvt. Ltd. |Confidential document 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 Copyright of AceNgage Infoservices Pvt. Ltd. |Confidential document 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 Copyright of AceNgage Infoservices Pvt. Ltd. |Confidential document 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 Copyright of AceNgage Infoservices Pvt. Ltd. |Confidential document We’re here to help