Today, your organisation is driven to onboard as many new employees as possible, and as quickly as possible. But it is often difficult to do both. If the recruitment process is too time-consuming or complex, potential candidates will leave. But lack of security can lead to the risk of bad hires and fraud.
Employee onboarding is integral from a human resource perspective. It is significant as it plays a vital role in performance management, branding, enhancing working experience, etc. The onboarding process is a strategic plan for any organisation to avoid employee turnover. According to a study, 22% of new hires look for job replacement within the first 45 days of hiring while 33% consider a new job just within 6 months of working at their existing company. The cost of replacement is more than companies realise. Research shows that the cost of replacing a regular employee range between 16% to 20% of their annual salary.
"The things that stands out for me in terms of Giant, Mathew and all the people that we've interacted with are really approachable, really flexible and very customer service centric. It is a managed service, and therefore competitive as well."
Today, your organisation is driven to onboard as many new employees as possible, and as quickly as possible. But it is often difficult to do both. If the recruitment process is too time-consuming or complex, potential candidates will leave. But lack of security can lead to the risk of bad hires and fraud.
Employee onboarding is integral from a human resource perspective. It is significant as it plays a vital role in performance management, branding, enhancing working experience, etc. The onboarding process is a strategic plan for any organisation to avoid employee turnover. According to a study, 22% of new hires look for job replacement within the first 45 days of hiring while 33% consider a new job just within 6 months of working at their existing company. The cost of replacement is more than companies realise. Research shows that the cost of replacing a regular employee range between 16% to 20% of their annual salary.
However, onboarding is also significant from a security standpoint. Employees can put your organisation at risk through their activities that may have been carried out with or without fraudulent intent. Businesses need to be aware of these threats that come from employees who were hired, trained, and went through the onboarding process.
Onboarding ensures the new hires are integrated with the company culture and norms, a way to make them feel comfortable with their new role and responsibilities. Onboarding can also be classified as organisational socialisation activity. However, as the new employee enters the organisation, there are many considerable points that are critical to the integrity of the business from a security point of view.
According to research, the fastest way to breach company security is through an employee. Hence, it is fundamental to have an onboarding plan based on company security and protection.
Adequate pre-employment screening and security training can ensure your business is protected.
Pre-employment screening
The world has seen a rapid shift towards remote working in this past year because of the pandemic. Like everything else, onboarding relies on technology. Hence, to confirm the new hire is who they claim to be adequate screening is important. Pre-employment screening can help build the credibility of the new hire. Satisfactory screening of new employees can ensure businesses stay protected and compliant with standards and regulatory requirements.
Security training
Employees are the most important asset for any company. When an employee joins an organisation, they have access to all the sensitive information and resources. It is important that you take them through security training to explain the possibilities of cyber threats and introduce them to company data protection policies. Stressing the benefits of security awareness makes your employees more vigilant, keeping your organization safe.
Outsourcing your onboarding
If your company aims at developing an equal opportunity environment for fresh hires while managing security, it’s about time you make the right decision. A good onboarding strategy is more than paperwork, it is about embracing the new employees into the existing teams and delivering them all the necessary information about organisation’s security standards and procedures.
When it comes to employee screening and onboarding your workers, you need a fast and flexible solution, so you don’t lose talent, therefore companies outsource to Giant. We deliver positive candidate experience with tailored communications. Our cutting-edge technology enables a fully mobile friendly candidate process. With Giant, you can be paper free, all paperwork is completed through Docu-Sign. We deliver service that will deliver all your onboarding requirements and help you achieve a secure work environment.
