Streamlining worker inductions not only allows you to operate at a higher capacity and with less stress, but also allows you to save a significant amount of money.
It can be hard to comprehend the true effect of good onboarding and it can often be something companies don’t properly factor in, so we’ve mapped out some statistics to help you understand some of the tangible benefits.
The tangible effect of good onboarding
✔️Save precious time
Time is money, so they say, and this couldn’t be truer with inducting workers. Why waste your employee’s time engaged in something that could take them a 1/4 of the time.
✔️Reduced costs
Quicker onboarding equals less spent on wages. If a worker is being paid the same amount for their induction as they are paid when they are on the job and earning the organisation money, when you look at the big picture over a month or year, you’ll see those costs racking up. Over a year you could be saving anywhere from $150 per worker inducted; with large numbers of contractors, the savings can be exponential.
✔️More meaningful work
Taking away administrative burdens and tedious tasks can allow your workers to engage in work that leaves them feeling more fulfilled and engaged and with increased job satisfaction.
✔️Transparency and clarity for new starters
A smooth onboarding process means workers can dive straight in with clarity of their expectations. This minimises risk of mistakes which can cost organisations in both time and money.
We’re excited for you to see significant cost savings, efficiency, and time saved within your organisation as a result of a smooth and successful onboarding process. Contact Altora to find out more about the process, or request a free 14 day trial.
Nicole K
This article was written by Nicole, Altora’s Client Support Consultant. Nicole has significant experience in helping clients manage digital onboarding to increase profitability and productivity. Outside of work, Nicole loves exploring new cultures and places, and getting stuck into some arts and crafts.
This content was 100% human-created.
📧customer.service@altora.com