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Onboarding spend

These costs will depend on how much time you need to allocate to embedding a new staff member into your team. This will vary greatly depending on how much your business differs from your competitors and any HR or admin processes that you require new team members to complete. The balance here is to welcome your new team member so that they feel secure in you company against streamlining this process so that you can all get on with you main activities. As a rule of thumb we would recommend that a senior member of the welcomes the new recruit and that they are buddied up with a trusted team member. Any paperwork should be streamlined and process in a single session if possible. This will reduce costs and ensure that all paperwork in completed. We would also recommend that you allocate some time to this process to ensure that do not waste the money you have spent so far by loosing your new employee.

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