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How To Create An Effective Employee Onboarding Process

StrategyDriven Managing Your People Article |Employee Onboarding Process|How To Create An Effective Employee Onboarding ProcessYour organization’s onboarding process is the perfect opportunity to make a lasting first impression on a new employee. This process should be all about making the new team member feel welcomed and valued in preparation for their role. You will want everything to go as smoothly as possible so that you can recruit and retain the right talent. Moreover, an employee onboarding process is often the first critical factor in building an engaged and motivated workforce. A strong onboarding experience can invoke a sense of loyalty among new hires, thus improving retention rates. Today we will cover some important strategies you can implement to optimize your employee onboarding plan.

Ensure Effective Contract Management

To make onboarding simpler, it is recommended that you implement a contract lifecycle management process. This will help you streamline the creation of contracts and simplify the collection of e-signatures. Pulpstream provides comprehensive guidance on the different stages of contract lifecycle management and how you can make contract execution more efficient with automation. As a result, you will ensure that everything is done in the same way every time by offering transparent and consistent communication. A new employee will receive custom onboarding, which will make a good impression on them even before their first day.

Create A Positive Employee Experience

You will want the new employee to feel excited and ready to dive into their new role. To ensure everything starts on a positive note, the employee onboarding process should begin right after the recruitment phase. It is important that HR sends a welcome email letter to allow the employee to learn more about the company’s culture. For example, it may be good to prepare information about orientation day activities, the first-day schedule, company dress code, and onboarding documents and forms. This will ensure they are prepared for their new role, as it will give them peace of mind and clarity.

Notify Other Team Members

Make sure you send an announcement to all employees prior to their first day, either in-person or via email. The announcement should include information about the new employee’s role and their previous experience. Encourage other team members to welcome and assist the new colleague as they familiarize themselves with the company policies and processes. When other employees are notified in advance, they will be more prepared to offer support and make the new employee feel more confident. Alongside this, it is important to coordinate with other departments as well to provide organizational belonging.

Make Their First Day Special

It is crucial to create a sense of belonging from their first day to make sure they stay committed to the organization’s goals. Take the time to plan out all activities and help them settle down by easing their worries and concerns. Prepare a formal employee orientation program and deliver presentations about the company’s history, mission, vision, and values. Answer any questions that might arise on the day and ensure they feel as comfortable as possible. You can also assign an onboarding mentor who can offer valuable insight into formal and informal strategies.

Organize A Team Lunch

One of the best ways to break the ice and allow the employee to get to know other colleagues in their immediate team is to arrange a team lunch meeting. Ideally, this can happen within their first week to ensure they have time to get used to all the new faces. There is no need to even leave the office, as you can simply ask your team to bring their lunches to a conference room. Take some time to get to know them outside of the interview process to make them feel appreciated personally and professionally.

Set Up Their Workstation

As a new employee, there is nothing worse than not having access to the tools and programs you need to be successful in your role. This is why it is important to prepare for your new arrival ahead of time and make sure everything is ready to go. For example, it may be useful to set up the employee’s computer, phone, and email address and order any necessary office supplies. Alongside this, a new employee should have access to software and electronic files before they begin. Disregarding this step can result in difficulties during the employee’s training.

Provide Personalized Training

The first few weeks with the employee should be focused on training to help them get started in their new role. Even if the new colleague has already performed the same job function elsewhere, there still may be some differences between organizations. Therefore, it is advisable to prepare a personalized training plan to bring them up to speed. Remember to include information about key processes, company rules, expectations, and procedures to fully know what the role entails. Training should also always be tailored to the employee’s individual requirements and goals.

Schedule Regular Check-Ins

Arranging check-in meetings with new employees is crucial to measuring how well they have settled into their new role. Although the exact check-in dates can be flexible depending on your company’s preferences, it is common for check-ins to be scheduled 30, 60, and 90 days after the first day. Be sure to keep these meetings informal and relaxed while still promoting active dialogue. It is essential to understand the new employee’s progress and their needs. Remember to review their performance and offer constructive feedback to help them identify areas for improvement. Ensure that they have the right support and resources to thrive in their role.

Follow Up And Request Feedback

Last but not least, it is important to meet with the employee even if you think they are doing well. After committing to a training plan and check-in meetings, you will need to find out how effective your onboarding process has been. Therefore, this is the perfect opportunity to learn more about the company’s strategy from an employee’s perspective. It may be beneficial to ask them what they found useful and what could be improved. Then you can make adjustments as you see fit and keep improving the onboarding experience for new employees in the future.

4 Things You Should be Looking for When Picking a Contract Management Solution

StrategyDriven Managing Your Finances Article | 4 Things You Should be Looking for When Picking a Contract Management SolutionBad contract management costs companies in many different ways, and it exposes them to unnecessary risks. This is why contract management is essential to the long-term success of your business. Fortunately, there are many contract management systems on the market to choose from. The challenge is finding the right one for your business’ needs. Here are four things you should be looking for when picking a contract management solution.

Ease of Use

Many firms are reluctant to adopt a contract management system because of the time, money, and effort involved. When picking an option, you aren’t just spending money on a software application and its support, you also have to train people how to use it. This is why ease of use is one of the top factors to consider when researching contract management systems.

Lifecycle Management

Before you start shopping for contract management software, it is important that you understand what contract lifecycle management is and how important it is. It isn’t enough to have a decent data repository. You need a system that manages contracts from initial negotiation to completion. This ensures that salespeople present contracts from approved templates, have any changes to the standard contract approved, and save the final version in an accessible database.

The ideal contract management system ties into your task management system and email servers. This allows your legal department to know what contracts need to be reviewed as soon as possible and how much work is in their queue. Salespeople can also look up the state of the contract, and the system may send a final version of the contract to the customer for approval or just their own records. The best contract management systems notify management when contracts are up for renewal or may no longer be legally valid.

The ideal contract management system is customisable, allowing you to integrate it with your finance, customer relationship management, and enterprise resource planning system. Then your customer support staff can view a customer contract when someone calls in with a complaint, and approved contracts automatically feed into your financial planning systems.

Collaboration and Sharing Capabilities

A good contract management system should allow you to create, assign, manage, collaborate, and execute in minutes instead of days. For example, a good tool would allow a salesperson to upload a draft contract to the repository and have it available for legal review within moments. Team members should be able to share relevant documents and discuss them in real-time, and approval should arrive within minutes of legal signing it off.

Risk Management

You should also make sure that the contract management tool you choose has risk management capabilities. For example, the tool may notify you when contracts expire so that you don’t continue to work without a valid legal agreement in place. Or it may warn you when there are risks associated with various contracts. Not all contract management systems have legal analytics built-in but knowing when contracts are now null and void due to changes in the law allows you to work on mitigating that risk or renegotiating the contracts.

Email and spreadsheets aren’t good enough for managing your contracts. Choose a contract management system that streamlines your administrative processes, manages risk, and provides the legal protection you expect from your contractual agreements.