Your employees may feel unnecessary stress in their new environment that can affect their performance, and the overall business, if there is not an effective plan to inboard your employees that have either been promoted, changed locations or just changed positions in the company. Making sure that there are enough resources to assist your employees in their transition is crucial for their successful adaptation and overall business success. Did you know that 94% of employees reported they would stay in a company longer if the company continually invests in their education and professional growth?
Why is Inboarding Important?
Inboarding is basically the process of educating and training your existing employees to overcome challenges efficiently, whether they’re related to the business’ culture and operations, professional development, or location based. Most of the time the term inboarding is forgotten or just ignored by small business owners.
A good example would be, if an employee was moving from sales to shipping and receiving, you the business owner, needs to have an effective plan to help prepare and support the employee during the transition for an uninterrupted workflow. Having this plan designed and prepared properly ahead of time can increase overall productivity and profitability since happy and engaged employees are the most valuable assets in a competitive business environment.
These are some of the important main points of having a well-designed and established inboarding process.
- Happy and Engaged Employees are More Productive and Bring More Value to Your Business
It is crucial to continually invest in the education and development of your employees so that they can keep up with the ever-changing business market. The importance of continued investment in your workforce can result in a 40% rise in productivity, as this in-depth Harvard Business Review study shows.
- Effective Conflict Management and Prevention of Losses Caused by an Internal Conflict
Understanding that not all conflict is bad is essential. Conflicting ideas can challenge people’s perspectives and help them think outside the box, allowing for products or services to come to life that may never have been thought of. Though constant conflict between employees, can lead to a toxic environment if not managed and addressed in a timely manner.
- Lower Employee Turnover
US employers paid out $600 billion in employee turnover costs in 2018 alone. The turnover costs, for employees, are projected to steadily climb, the same study found that around 77% of employees would be more likely to stay with the company if there was more emphasis on their personal and professional needs.
4 Solid Tips to Design an Effective Inboarding Process
Once you have a clear understanding about the importance of a strong inboarding process, and the importance it has on your business overall, it is time to get into more detail about the details of designing an effective process that will help your business flourish.
- Invest in Education and Training for Your Employees
Since we live in a time where information is just a click away, it is important to follow current trends and continually improve your skills. Provide your employees with proper training that will help them overcome potential challenges and adjust to a work environment.
- Give Your Employees Feedback on a Regular Basis
Monthly reports and evaluations, performance benchmarks, and one-on-one meetings are all effective ways for reporting and evaluating employee’s feedback. Discussing with your employees about previous period’s results, productivity, and ROI can help both in understanding the processes and growing together as a team.
- Improve Social Aspects of Your Employees
Inboarding is usually mentioned in context of changing work environment, it is crucial to practice healthy social connections and sense within your company. Organizing team-building events where employees from other departments can get to know each other and participate together promotes team cohesion.
- Practice Connection Instead of Isolation
Isolating your teams from other teams within your company is not an ideal practice. Making sure that your employees can adapt and cohesively work together is crucial when you are not able to designate a single team to a project, and need to use certain employees from different teams that are interested and passionate about the project at hand.
Having an Inboarding Plan That is Effective is Crucial to Your Business in This Rapidly Changing Business World
For the most part, small businesses already have an onboarding process for new employees to get quickly acquainted with their new environment. They don’t always have a plan for the, sometimes forgotten, “brother” process of inboarding. It would be safe to say most businesses exist in a competitive environment, where keeping your employees happy and motivated gives you that leading edge against your competition. Make the transitions for your employees seamless and stress-free for more growth in your employees and business.