Onboarding costs UK businesses £200million a year

Onboarding is a critical stage of the talent acquisition and retention process, beginning the moment a position is offered, and so is a major part of the role of the HR manager. Despite this, there are consistent inefficiencies in the traditional manual onboarding process, potentially costing UK businesses up to £200million a year. Sourcing and attracting candidates is a competitive market and a delayed or poor onboarding experience can leave businesses exposed to counter offers. However, advances in technology and the use of cloud-based software now provide HR decision makers with a solution to reduce this hidden cost to businesses in both time and money.

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