Training Magazine - July 2008 - (Page 8)

training today news, stats, & business intel by Margery Weinstein To submit news, research, or other tidbits, contact Margery Weinstein at 646.654.4484, or e-mail: mweinstein@trainingmag.com. >> Products & Services >> Who’s News >> Tech Talk p. 10 In on Onboarding drastic increases in employee retention and worker productivity levels can be traced back to effective onboarding. The study, conducted by Aberdeen Group, a Harte-Hanks Company, found 84 percent of organizations that achieved Aberdeen’s “Best-in-Class” status included a formal newhire training program in their onboarding process. What’s more, the findings show new employees who participate in onboarding achieve ideal levels of productivity quicker in their new positions. Titled “All Aboard: Effective Onboarding Strategies and Techniques,” the report is based on surveys and interviews with nearly 800 human resources, human capital, and business line managers. IT TURNS OUT your jaded employees are wrong: Onboarding proHere are some highlights: grams aren’t a monumental waste of time, after all. SkillSoft, a • 71% list “new hire retention” as the top reason they pursue provider of on-demand e-learning and performance support onboarding. solutions, sponsored an Aberdeen report that concludes • 100% of best-in-class improved the retention rate of new hires over the last year. • 86% concur new hires make their decision to stay at the company within the first six months on the job. • 68% of best-in-class describe their onboarding solution as automated (either partially or fully)—in comparison, 56 percent of laggards describe their onboarding solution as paper-based. • 84% of best-in-class provide —Craig Ross, president of a formal new hire training Pathways to Leadership Inc., and coauthor, along with Pathways CEO Steven Vannoy, program. • 52% of best-in-class use asof the book, “Stomp the Elephant in the Office: Put an End to the Toxic Workplace, sessment tools for hard and Get More Done and Be Excited About Work Again.” soft skills as part of their onboarding process. “Imagine if 1 percent of the ideas, improvements, and solutions swimming in the minds of our workers were acknowledged, considered, and implemented. Our world would change in remarkable ways, and America would gain a huge economic advantage.” BLOG ON Strategy, tips, and industry chat—latch onto the training grapevine at www.trainingdayblog.com. Click on any post to share your thoughts and questions with peers, create a network, and gossip a little, too! JULY / AUGUST 2008 t r a i n i n g w w w. t r a i n i n g m a g . c o m 8 | http://www.trainingdayblog.com http://www.trainingmag.com

Table of Contents Feed for the Digital Edition of Training Magazine - July 2008

Training Magazine - July 2008 Contents Online TOC Editor’s Note Training Today Soapbox How-To World View Managing the Magic Keys to the Kingdom Good Job! Personalities & Performance Hidden Potential The Executive Entrance Live & Online No More Revolving Door Questions for Covey TMI Brochure

Training Magazine - July 2008

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