11:05am-11:40am EDT Onboarding Effects on the Employee Experience
In today’s job market, there is a tremendous need to decrease turnover within organizations. Turnover is of great concern because of the high financial and productivity costs to businesses. The cost for replacing an employee is equivalent to 90-200% of the employee’s annual salary. To remain competitive in the war on talent, tech companies must find innovative solutions to retain talent. Effective onboarding can directly impact the employee experience which increases employee engagement, thus making a distinct impact on retention rates. Happy employees stay within an organization long term and contribute toward the company’s success.
In this session, Dr. Wendi Walker-Schmidt, Senior Manager of Learning and Development in the Technology division at Charles Schwab, will discuss key insights on how to make an impact on the employee experience/engagement and retention from the onboarding process. Wendi will share how to retain your organization’s top talent and foster engagement that can lead to increased productivity. She will provide examples on how an effective onboarding experience can greatly impact an organization’s connectedness. You will walk away with the knowledge on how to create an engaging onboarding experience to increase retention in your organization.
In this session, you will learn:
- The positive relationship between employee engagement and retention.
- Create an effective onboarding experience to strengthen your organization’s connectedness.
- Engagement inspires employees to contribute their very best to the company’s success.