Your employees are the lifeblood of your company, and high turnover rates can be incredibly costly.
Replacing an employee costs about 6-9 months’ salary on average, so it’s important to do everything you can to reduce turnover rates.
Online onboarding software is one way to reduce turnover rates and keep your business running smoothly. This software helps new employees get up to speed quickly and efficiently, reducing the amount of time and money spent training them.
Keep reading to find out why your business needs to be using online onboarding software starting today!
What Is Online Onboarding Software?
Onboarding software is a type of HR tool that helps new employees adjust to their roles within a company. It can provide a variety of resources, such as job descriptions, training materials, and contact information for mentors or supervisors.
Additionally, online onboarding software can offer social networking features that help new hires connect with their co-workers. By offering a streamlined way to access all of the information and resources they need, onboarding software can help new employees hit the ground running in their new roles.
And fostering connections between new hires and their co-workers can also help them feel like part of the team from day one. In today’s competitive business landscape, an effective onboarding process can be a powerful asset for any organization.
Why Does Your Business Need Online Onboarding Software?
If your business is struggling with high turnover rates, online onboarding software may be the solution you need. Not only can it help to reduce the costs associated with training new employees, but it can also improve employee retention by providing resources that help new hires feel comfortable in their roles and connect with their co-workers.
By investing in online onboarding software, you can give your business the tools it needs to thrive.
How Can You Implement Online Onboarding Software?
If you’re interested in implementing online onboarding software, there are a few things to keep in mind. Let’s look at them now:
What Features Do You Need?
With lots of online onboarding tools available, it can be tough to know which one is right for your business. Be sure to select a tool that offers the features you need. For example, if you want to provide new hires with job descriptions and training materials, look for a tool that offers those resources.
Additionally, if you want to offer social networking features, make sure the software you select includes them. By taking the time to find a tool that fits your specific needs, you’ll set your business up for success.
How Much Does It Cost?
When you’re running a business, there are always going to be costs associated with getting new employees up to speed. Traditionally, this has meant setting aside time for training and orientations.
However, with the advent of onboarding software, you can now automate many of the onboarding processes, including employee self-service, training modules, and performance tracking. The cost of onboarding software can vary depending on the features you need. Be sure to compare the costs of different software options before making a decision.
What Is the Learning Curve?
When you’re implementing any new software, there’s always a learning curve. Be sure to take this into account when you’re choosing online onboarding software. Look for a tool that’s easy to use and offers training materials or customer support to help you get started.
By keeping these things in mind, you can be sure to choose the right online onboarding software for your business. The last thing you want is to invest in a tool that’s so complex that you can’t figure out how to use it. At the same time, you don’t want a tool that’s so simple that it doesn’t offer all the features you need.
Instead, look for something in the middle ground that strikes the perfect balance between these two extremes. Additionally, be sure to check out the training materials or customer support that come with the software.
This will ensure that you can get started using the tool as quickly and easily as possible. following these tips will help you choose the best online onboarding software for your business.
7 Benefits of Online Onboarding Software
There are many benefits to online onboarding software. Let’s look at them now in more detail.
1. Reaching Far-Flung Employees
More and more businesses are finding that their employees are located in different parts of the world. This can make onboarding new employees a challenge. Online onboarding software can help you reach employees who are located in different parts of the world.
The software can provide employees with the information they need to get started, and it can help you keep track of their progress. Online onboarding software can also help you connect with employees who speak different languages. By using online onboarding software, you can ensure that all of your employees have the information they need to be successful.
2. Saving Money on Training
Onboarding new employees can be a time-consuming and expensive process. First, you need to schedule an orientation session. Then, you need to train the new employee on the company’s policies and procedures. After that, they need to be given a tour of the office and introduced to the rest of the staff.
Finally, you need to assign them a mentor who can help them adjust to their new surroundings. If your business experiences high turnover rates, online onboarding software can help to reduce the costs associated with training new employees. The software can provide orientations, training, and even tours virtually, which can save time and money.
In addition, online onboarding software can help to ensure that all new employees are given the same information and have the same experience, regardless of who is training them. As a result, online onboarding software can be a valuable tool for businesses that experience high turnover rates.
3. Improving Employee Retention
Employee onboarding is an essential process for ensuring that new hires feel comfortable in their roles and connect with their co-workers. Unfortunately, traditional onboarding methods can be time-consuming and expensive. Online onboarding software provides a cost-effective solution that can help to improve employee retention.
By providing resources that help new hires feel comfortable in their roles and connect with their co-workers, online onboarding software can help to reduce turnover rates and improve employee satisfaction.
In addition, online onboarding software can be customized to meet the needs of your organization, making it an essential tool for any business that wants to optimize its onboarding process.
4. Reducing Paperwork
If you’re running a business, one of the last things you want to deal with is a mountain of paperwork. From employees’ tax forms to onboarding documents, there always seems to be something that needs to be filed away. And if you’re not careful, it can quickly get out of hand.
Fortunately, there’s a solution: online onboarding software. By digitizing your onboarding process, you can reduce the amount of paper you need to keep track of. And since all of the information will be stored in one central location, it will be easy to find what you’re looking for – no more digging through file cabinets!
In addition, online onboarding software can help you automate some of the tasks associated with onboarding new employees, such as sending out welcome emails and completing employment verifications. As a result, you’ll be able to spend less time on paperwork and more time on running your business.
5. Organizing Employee Information
Onboarding new employees is always a challenge, but it can be especially difficult when you’re dealing with paper records. Not only is it hard to keep track of everything, but you also have to worry about lost forms and misplaced files.
Online onboarding software can help you to overcome these challenges by providing a centralized repository for employee information. With everything in one place, you can easily keep track of employee progress and ensure that all the necessary paperwork is completed.
In addition, online onboarding software can help to streamline the onboarding process by automating many of the tasks associated with bringing on new employees. As a result, online onboarding software can save you time and hassle when onboarding new hires.
6. Automating Employee Tasks
When it comes to onboarding new employees, there’s a lot to keep track of. From sending welcome emails to scheduling training sessions to creating employee files, there are a lot of moving parts. But with online onboarding software, you can automate many of these tasks, making the process simpler and more efficient.
With just a few clicks, you can set up automated welcome emails and create digital employee files. You can also use the software to schedule training sessions and track employee progress. By streamlining the onboarding process with online software, you can make life easier for both managers and new hires.
7. Sending Reminders
Onboarding new employees can be a time-consuming process, but online onboarding software can help to streamline the process and ensure that important tasks are not forgotten. With online onboarding software, you can create a checklist of tasks that need to be completed, and set up reminders for when each task needs to be done.
You can also send reminders to employees about deadlines they need to meet, such as completing their tax paperwork or enrolling in benefits. In addition, online onboarding software can provide a central location for all of the information that employees need to know, making it easy for them to find what they are looking for.
As a result, online onboarding software can help to make the onboarding process smoother and less stressful for both employees and employers.
How to Get Started With Online Onboarding Software?
Now that you know the benefits of online onboarding software, you might be wondering how to get started. Here are a few tips:
1. Choose the Right Software for Your Business
There are many different options available, so be sure to compare the features and costs of each one. Research is key when it comes to choosing the best software for your business.
You can even ask for recommendations from other business owners or look for online reviews.
2. Make Sure the Software Is Easy to Use
You don’t want to choose a tool that’s difficult to use. Look for a tool that’s easy to use and offers training materials or customer support to help you get started.
3. Train Your Employees on How to Use the Software
Once you’ve chosen a tool, be sure to train your employees on how to use it. This will help them get the most out of the software and make the onboarding process as smooth as possible.
4. Set Up Your Employee Portal
If you want to create a custom employee portal, be sure to set it up before you start using the software. This will make it easy for employees to find the resources they need.
5. Start Using the Software!
Now that you’ve chosen and set up your online onboarding software, it’s time to start using it! Be sure to use it consistently and keep track of how it’s working for your business. You can always make changes or adjustments as needed when onboarding remote employees.
If you’re ready to try online onboarding software, check out https://workbright.com/employee-onboarding-software/.
Try Online Onboarding Software Now
It’s not just a matter of finding the right candidates, it’s also about onboarding them correctly and getting them up to speed quickly. That’s where online onboarding software comes in.
This type of software makes the process easier for everyone involved, from the new hire to the manager. With all of the benefits that online onboarding provides, it’s no wonder that this technology is becoming increasingly popular among businesses.
If you want to learn more about onboarding engagement or onboarding compliance, be sure to check out our blog for more articles like this one.
