New hires: 6 tips to make onboarding more effective

It costs a company six to nine months of an employee’s salary to replace him or her. For an employee making $60,000 per year, that equates to $30,000–$45,000 in recruiting and training costs. Retaining employees and keeping them engaged early in their tenure is a game-changer from a financial and cultural perspective. Here’s how to do it.