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What is Onboarding?

Onboarding: Helping new hires learn the job and fit into the team.

Where Onboarding fits

Onboarding is part of Talent & Culture in People & HR. People are the business. Recruit with a clear job description, onboard well, review performance fairly and build a culture that keeps good people.

Practical tip

Hire for skill and fit, develop people and learn from exit interviews.

Related terms

Employee turnover
Share of employees who leave a company in a period.
Performance review
A regular check of how well an employee meets goals.
Organizational culture
The shared values and habits that shape how a company works.
Delegation
Handing a task and its authority to someone else.
Stock options
The right to buy company shares at a fixed price, used as a perk.
Recruitment
Finding, attracting and hiring people for jobs.
Severance pay
Money paid to an employee who loses a job through no fault of their own.
Employer branding
How a company is seen as a place to work.

Formulas you will use with it

Employee turnover rateRevenue per employeeCost per hireEmployee turnover rate

Test yourself

Which term means: “Helping new hires learn the job and fit into the team.”?

Stock options · Employee turnover · Onboarding

Answer: Onboarding

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