Turn Onboarding Into a Competitive Advantage

by | Mar 20, 2025

Onboarding is the afterthought of the recruiting process that doesn’t get as much attention as it should.

Researchers have uncovered how poorly most organizations perform this function and the negative effect it has on hiring.

-Over 20% of companies have no formal onboarding program.

-Almost 40% of organizations have onboarding programs lasting less than a month.

-60% of companies fail to set goals for their new hires.

And yet, the connection between proactive onboarding and positive outcomes is well established.

-New hires who go through a structured onboarding program are 58% more likely to be with the organization three years later.

-20% of turnover happens in the first 45 days.

-Companies with a standardized onboarding program experience 50% greater retention.

Do you have a structured onboarding program for your team?

If so, are you proud of your program?

Onboarding is one of the business functions where even a small investment will produce a measurable return.

 

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Unlock the secrets of effective real estate recruiting. Revised to include actionable frameworks for sharper execution and to help you turn psychological theory into a repeatable recruiting system.

The Attrition Variables

The Attrition Variables

While these attrition constants still have the greatest influence, there are some emerging attrition variables worth noting. People also tend to leave companies when: They feel like they’re not doing as well as others in their peer group outside the company. They feel like they’re not as far along as they should be at a certain point in life.

The Attrition Constants

The Attrition Constants

If you’re not focusing most of your retention effort on these issues, you’ll miss the mark. If you’re not focusing most of your recruiting effort on exploiting these weaknesses among your competitors, you’re missing the best opportunities.

The Persistence Mindset

The Persistence Mindset

A leader equipped with this mindset can have a profound effect on the life and career of each individual they engage. It works because an agent is getting a real-time glimpse of what it would be like to work on your team. But it only becomes believable when it is persistently applied over time.