The Cost of Losing an Employee

For businesses to thrive in today’s economy, retaining the best employees is important. This is especially true for small businesses and nonprofits competing with larger businesses, and larger budgets, for top talent.

Frequent voluntary turnover has a negative impact on employee morale, productivity, and company revenue. Recruiting and training a new employee requires staff time and money.

According to the Bureau of Labor Statistics in the USA, turnover is highest in industries such as hospitality, construction, retail, janitorial and customer service industries.

 

With 22% of new hires leaving the job after the first 45 days, it’s critical to engage new hires with a consistent message before day one and throughout their employee journey.

An Effective Onboarding and Induction Program

The Link Learning onboarding solution helps organizations streamline their onboarding process and communicate effectively with new hires to boost employee engagement, productivity and retention.

Connect with new hires on topics ranging from benefits, payroll, company values and more with a library of customized videos delivered through an innovative SaaS platform.

Measure and benchmark employee engagement with robust analytics for your onboarding program.

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