Copyright 2018 Industry Dive

Leaders at the helm of corporations have been re-evaluating vendors, supply chains and seasonal demand forecasting, to respond to global macroeconomic shifts, while at the same time deliberating how best to distribute gained windfalls from lowered corporate taxes. 

To reap sustained dividends and rewards for years – beyond short-term employee goodwill or the next earnings report – businesses should consider investing in the employee experience, as much as investing in bonuses, HR software or recruitment.

Digitate’s original survey of over 1,500 professionals across industries revealed that the New Hire Onboarding process is a largely under-addressed opportunity and may be a source of competitive disadvantage for many enterprises:

  • New Hire Onboard Experience Sets the Tone: Employees who had a negative new hire onboard experience are twice as likely to look for new opportunities in the near future.

  • “New Hire Remorse” and Opportunity Loss: After the New Hire Onboard experience, one in five new hires is unlikely to recommend an employer to a friend or family member.

  • Realized Revenue: By automating New Hire Onboarding tasks and processes from over five days to 10 minutes, a Digitate customer enterprise has realized incremental revenue of $2 million in the first year alone.

Perhaps not unexpectedly, 3 out of 5 professionals expressed an optimism that automation may benefit their employers – in areas such as IT support, New Hire Onboarding, and HR administration.

By leveraging artificial intelligence and the unique automation capabilities of ignio, it has helped customers significantly reduce employees onboarding time from over five days to 10 minutes. ignio is unique where it adapts autonomously to organizational changes without requiring re-scripting of such workflow. 

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Superheroes in disguise? Employees onboarding and A.I.

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