Gone are the days when employees are expected to start and end their careers in a particular company. With the increasing trend of freelancing and lifestyle business options gaining ground among most millennials, statistics reveal that new employees base their decision about staying in a company for the long-term on the first six months, with about one-third leaving for a better opportunity within that timeframe.
As a result, companies no longer have the luxury (or leisure) of offering on-the-job training for new employees. Companies want their employees to hit the ground running and be as productive as possible from the get-go. This is even more important in industries that hire seasonally such as hospitality, manufacturing, and sales.
The best way, therefore, to help new hires hit the ground running is to offer a systemized onboarding process that indoctrinates them into the company culture while familiarising them with the procedures needed to carry out their job duties with utmost efficiency. This can be done by using a learning management system or LMS to create an induction training that will arm new employees with everything they need to be fully functional after their first week on the job.
Benefits of Using a Learning Management System for Employee Onboarding
Before the explosion of online courses and learning management systems, either the Human Resource manager or some other senior ranking executive in the company usually did onboarding for new hires. This was essential because factors like company culture, compliance and safety protocols and organisational procedures could not be left to any junior staff.
These days, however, new employees can get up to speed in less than a week with the help of a learning management system. Implementing one of these systems into your organisation opens your company up to a myriad of benefits, including:
- Reducing Training Costs: One of the key benefits of an LMS is the fact that it cuts down the costs (and time) of training new employees significantly. So, instead of investing time and resources to train new employees, they can log in to your LMS system on any device and start their onboarding process.
- Boosting Employee Performance: Another key benefit of implementing an LMS in your company, as mentioned in the previous section, is the ability to enable employees to become more efficient without the need for face-to-face training.
- Ensures And Accelerates Compliance Training: Onboarding new employees more often than not has to do with ensuring that compliance with the organisation’s goals, mission and vision are imparted as quickly as possible. An LMS accelerates this process for recruits.
- Cuts Down The Need For Direct Training From Senior Staff: While spending time with your organisation’s top-level executives are a morale-booster for new employees, it dramatically reduces the productivity of said executive and could directly impact the company’s bottom line. Leveraging a learning management system to automate this process provides a win-win situation that leaves everyone happy.
It is essential for your company to indoctrinate new employees into your organisation as quickly as possible. The most effective and scalable way to do that is by implementing a learning management system that will walk new hires through your company’s most important values and processes. This not only increases your employee retention rate but also ensures that your new hires can hit the ground running and be more productive.