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Reducing Leadership Churn with Technology
Any outdated onboarding processes need to evolve for a modern working environment.
Instead of manual practices that take up excessive time and resources—yet fail to show results—advances in technology mean you can boost your onboarding success while reducing time and effort spent.
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Leadership Churn
Leadership churn indicates the number of senior team members who leave an organization over a given period of time. Leadership churn is calculated using a simple “churn rate” formula:
(Leaders who leave / Total new leaders) X 100 = Leadership Ch...
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Reducing Leadership Churn: It all Starts with Onboarding
Focus on three key areas:
- The Organizational: Organizational onboarding consists of showing new hires how the logistics of the company function. This is where they’ll learn things such as where to park, how to enroll in health benefits, the language of the company such...
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The Hidden Costs of Leadership Churn
- Wasted time. When an employee at the leadership level leaves, a business must account for the cost of the time invested in their recruiting, interviewing, hiring, and onboarding.
- Decreased productivity. No matter how talented a new hire is, nobody c...
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71 reads
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