Attracting top candidates has become extremely challenging for many organizations, especially after the onset of the Great Resignation. Once you’ve juggled between multiple job platforms, interviewed candidates, and trained new hires, you don’t want to see them leave within a short period.
Below are the different ways that organizations can improve their new hire retention rate:
Provide sufficient information about your organization, including its practices, target audience, mission, and vision, as well as the new hire’s job responsibilities.
Encourage your managers to set clear goals and expectations so new hires know what they need to do to achieve success.
Offer training programs that help your new hires to adjust to their role.
Make it a point to appreciate your new hires when they finish their projects effectively, and make efforts to learn about their experiences within the company thus far.
Use polls and surveys to gauge the effectiveness of your onboarding, new hire training, and new role transition programs.
Read more about the five different ways to improve the new hire retention rate in our HR Knowledge Hive.