BUSI 2312U Study Guide - Performance Measurement, Organizational Learning, Job Analysis

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23 Apr 2014
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The process of shifting knowledge from an organization to an individual, department level, job level to a new hire is known as onboarding. Onboarding provides employees with tools, resources and the knowledge required to be a successful employee. A successful onboarding program will make the employee feel welcome, increase employee engagement, and reduce the amount of time it takes to familiarize themselves with the responsibilities required from a job. Orienting an employee into an organization is an important onboarding activity. Orienting involves introducing an employee into an organization. A formal orientation program is designed to familiarize employees with new roles, the organization, and policies. Reduce employee turnover: over 60% of employees leave a job within the first 6 months. If thousands of employees leave a firm every year, costs can quickly escalate. To prevent this, hr can reduce turnover by meeting personal objectives of an employee.