Research Library > Cornerstone OnDemand > The True Cost of Not Having a Talent Management Strategy Series: Onboarding and Learning

The True Cost of Not Having a Talent Management Strategy Series: Onboarding and Learning

White Paper Published By: Cornerstone OnDemand
Cornerstone OnDemand
Published:  Jul 28, 2015
Type:  White Paper
Length:  2 pages

Are you throwing money down the drain? You are if youre not onboarding and training your employees.

Companies will think nothing of spending thousands to recruit the best talentbut balk at spending mere hundreds to onboard and develop them. The math doesnt make sense: hiring good people can cost up to 30% of the positions salary. Do that a mere three times in one year, and there goes an entire salary without any gain in productivity. Yet studies show spending just $800 per learner can make a big difference in engagement, retention, and profits.

Download this white paper to learn the true cost of not having a talent management onboarding strategy.



Tagshuman resources, talent management, onboarding strategy, training, recruiting, productivity, employee training, retention, employee engagement