People are your most valuable asset.  Only people can be made to appreciate in value. Brian Tracy
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CONSEQUENCES OF POOR ONBOARDING

A weak or lackluster onboarding program misses the opportunity to make a great first impression. But poor onboarding can have far greater consequences than a bad first impression.

People Consequences

  • Performance decreases
  • Results in bad/low performers
  • Decrease in retention of talent
    (The turnover rate of top performers in key jobs increases.)
    • Missed project deadline
    • Decrease in time-to-market
  • Difficult to attract talent
    (The "offer rejection" rate increases and there is a delay in time-to-fill.)
  • "Employer of Choice" image impacted
    • Negative publicity
    • Decrease in resumes from top talent received
  • People feel unchallenged, disengaged and do not care about their work
  • Employee goes to a competitor which could result in compromising of company confidientiality and competitive intelligence
  • The longer a position on the team stays open, the more team morale deteriorates

Cost Consequences

  • Budget cuts
  • Program cuts
  • Projects cuts
  • Increase in recruitment cost
  • High cost related to extended vacancy of critical jobs

ROI/Profitability/Business Impacts/Consequences

  • Customer satisfaction/dissatisfaction
  • Increased error rate
  • Increased time to productivity

Departmental/Team/Group Consequences

  • Goals/objectives not met
  • Lack of continuous improvement
  • Decrease in time-to-market
  • Few opportunities for new projects for your group
  • Roadblocks to innovation, creativity, new ideas