Paycor Unveils New Onboarding Solution to Improve Hiring Efficiency and New Hire Engagement

Paycor Unveils New Onboarding Solution to Improve Hiring Efficiency and New Hire Engagement

Paycor today announced the release of its new Onboarding solution. Designed to help employers overcome the challenges typically faced when onboarding new employees, the solution takes the manual work out of hiring a new employee to facilitate a more engaging experience.

The onboarding stage is a critical point in the employee lifecycle, and a new hire's experience during the process will shape their opinions of the company going forward. This importance of a positive onboarding experience is highlighted by recent research showing that 20 percent of turnover occurs within an employee's first 45 days on the job. All too often, new employees are welcomed to their first day with a stack of paperwork, instead of being actively engaged and assimilated into their new company. And if employees aren't engaged and made to feel a part of their team from the beginning, it will be difficult to achieve this later on.

Recognizing the need for a new approach to onboarding, Paycor developed its latest offering to help employers make a strong first impression that will result in improved engagement, productivity and retention. Rather than having new hires spend their crucial first days filling out paperwork, Paycor's Onboarding solution enables employees to read and sign important company documents and provide needed personal information prior to their start date. Not only does this help maintain compliance, but when new employees can review important company information before they start, they can become productive much more quickly.

Additional key features of Paycor's Onboarding solution include:
* Electronic documentation and acknowledgement: Federal and state compliance forms, such as W-4s, can be completed by the employee and reviewed by the administrator electronically. And with accurate, electronic records, the company can establish compliance in the event of an audit or lawsuit.
* Employee self-service: New hires can enter their own information, from personal and tax information to direct deposit forms, before their first day. Not only does this improve efficiency but it also reduces mistakes when such information is filled out manually.
* Easy record keeping: Administrators and new hires alike can download, save and print key documents once they are completed.
* One integrated solution: Paycor's Onboarding solution integrates with the company's HR and payroll solutions, ensuring that once a new hire has entered his or her information, administrators can easily review and approve from a common platform.

"Paycor's Onboarding solution has enabled us to transform our new hire activities, bringing our newest employees up to speed faster and saving significant time for the HR team," said Tarah Reid, accounting specialist at Alpha Gamma Delta Property Management. "As we continue to use the solution, we anticipate that our onboarding process will decrease from a week to just two days. Paycor is definitely on to something here."

"An effective onboarding strategy is one that immerses the new hire in the company and its culture to engage them from the beginning, instead of overwhelming them with paperwork on the first day," said James Schroth, vice president of Product Development at Paycor. "Our Onboarding solution was developed to minimize the manual work involved in hiring a new employee and thereby enable employers to focus on building connections with their newest talent. What results is a streamlined and personalized onboarding experience that allows new hires to be more productive from the start and keeps them engaged throughout their tenure."

Learn more about Paycor's HR Onboarding software.

More to Discover

EEO Compliance: Are You Prepared to File the Updated EEO-1 Report?

EEO Compliance: Are You Prepared to File the Updated EEO-1 Report?

On April 25, 2019 a federal judge announced a ruling that will require employers to collect 2018 employee pay data and hours worked by race, ethnicity and gender and submit it to the Equal Employment Opportunity Commission (EEOC) by September 30, 2019. On May 1, 2019, the EEOC decided that they will collect 2017 pay data in addition to the 2018 pay data that was previously announced. The EEOC is expected to open the portal for employers to submit 2017 and 2018 pay data beginning on July 15, 2019. Note: Employers are still required to submit component 1 of the EEO-1 form by May 31, 2019. What are the new EEO-1 reporting requirements? The current EEO-1 form requires company employment data to be categorized by race, ethnicity, gender and...

Head into “Year-Beginning” Ready for Success

While it’s most common for us to talk about 4th quarter as “year-end”, I like to think about this time as “year-beginning.” It’s a hectic season and most of us have to ensure we operationalize a strong finish, while forecasting and planning for the next 12 months. Yet, our clients often tell us that they have a hard time getting to planning and working strategically on their people practices. The emails keep coming. Hiring is still needed. And once again, here comes another open enrollment. How is Paycor helping you with this balance? A progress report from the last 3 months: New advancements available this quarter to help your processes Ability to preview Forms W-2: Administrators can now preview W-2s to ensure accuracy and reduce needs...

Paycor Wraps Up 4th Annual Holiday Market

Paycor Wraps Up 4th Annual Holiday Market

This month, Paycor hosted its 4th annual Holiday Market. Employees, from around Cincinnati, were invited to HQ for an afternoon of shopping, raffle prizes and tasty treats. The initiative for hosting the Holiday Market is simple. Our employees work hard year-round, and during the holiday season we feel as if we should reward their efforts. Not only is the event supposed to give associates a break during their busy day but it encourages departments to spend time with one another. In addition, we live to support our clients and love that we get a chance to showcase a handful of amazing people and local businesses. Some of the clients and local vendors included: City Scape Tiles The Candle Lab Bling Favorites Cincy Shirts Bengals Pro Shop...

We’re Thankful for Our Employees

We’re Thankful for Our Employees

During the holidays, families are overwhelmed with parties, travel plans and activities. And our Paycor associates are no exception. With all the craziness that goes on during Thanksgiving, people should be focused on spending time with family and friends, not worrying about expenses. Well, that’s what Paycor’s founder and CEO, Bob Coughlin, believes. This initiative is close to Bob’s heart and for more than 25 years he’s been handing out turkeys for employees to enjoy with their families. This year, through Bob’s support, nearly 900 turkeys were given to associates. From the top down our organization truly is inspired to do the right thing and support one another. He didn’t forget about our remote employees, our temps and contractors or...