London Inc. Fall 2022 - 23

P R OMO TE D C O NTE NT
What is a Newcomer-Ready Organization?
Newcomer-Ready organizations thoughtfully commit
to building a diverse workforce implementing best
practices of diversity, equity, inclusion and belonging into
their policies while implementing newcomer-oriented
strategies that ensure employees and employers success in
developing effective long lasting work relationships.
Being Newcomer-Ready is not only essential to building
         
organizations, saving investments in hiring, onboarding and
training. Consider the following costs and business impacts
associated with hiring:
 Recruiting and onboarding skilled labour involves
dedicated staff and resources, including up to 30
working staff hours as a minimum.
 Hiring is costly, estimated to range from $6,000 to
$10,000 per employee, and being unable to retain a
worker will double hiring expenses.
 It takes from eight to 26 weeks before every new
employee achieves full productivity. Statistics provided
by Psychometrics Canada indicate that the direct
cost of replacing an employee is approximately 20 per
cent of their annual salary, meaning a $60,000 yearly
employee could cost about $12,000 to be replaced.
 Loss of skill and diverse newcomer talent also has a
longer-term impact. A September 2021 Glassdoor
Survey highlighted that 76 per cent of employees and
jobseekers said a diverse workforce was important
when evaluating companies and job offers. Thirtyseven
per cent of employees and jobseekers said
they would not apply to a company that had negative
satisfaction ratings among people of colour. Focusing
on diversity of immigrants and newcomers creates a
     
Joining the NTRN Makes Business Sense
        
imperative to business success, and this is the greatest
priority for the Newcomer Talent Retention Network.
       
immigrant and newcomer talent. The objective is to
support employers so they experience less turnover as they
prioritize strategies that encourage newcomer retention.
        
creating welcoming and inclusive workplaces and creating
a more diverse workforce will yield innovative and creative
      
Best of all, because the program is funded the resources
are made available to employers free of charge!
Engaging with the NTRN initiative and getting access to
these free expert resources requires three easy steps:
1. Completing an online needs assessment.
2. Following the assessment, each business will
receive recommendations to develop policies
and strategies focused on the following: inclusive
onboarding strategies; intercultural competency and
communication; addressing unconscious bias, racism
and/or discrimination in the workplace; immigration and
work eligibility; human resources/human rights; and
helping employees and their family successfully settle
beyond the workplace in the community and region.
3. Develop a personalized action plan and get connected
to free expert consultancies to support you in executing
the plan.
The objective of the NTRN project is to support
businesses to become Newcomer-Ready in six months.
To join an info session or sign-up, visit
willimmploy.ca and get started today!
Funded by:
Financé par :
https://willemployment.ca/services/will-immploy/
London Inc. Fall 2022

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