Reducing Turnover in Small Businesses through Efficient and Effective Onboarding Techniques
Published 2018 · A. Davidson
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Abstract
Employee turnover is a costly and common issue in the modern US workforce. As American worker engagement remains stagnant, employers must look at ways to ensure maximum employee retention. Onboarding is a universal process that all employees undergo when joining a business, as well as an effective way to manage turnover and ensure that an employee remains longer at the company. There has been a significant amount of academic attention on onboarding in large organizations, but this literature lacks investigations into how onboarding may be differ in the context of a small business. Using a literature review and an analysis of current business practices, this paper serves as a resource for small businesses looking to better understand the costs and benefits of various onboarding strategies so they can develop an optimal onboarding strategy for themselves.