Onboarding is a critical element of a new hire experience. According to a Gallup study, only 12% of the respondents feel that their companies have given them a complete and impactful onboarding.

Roughly 1 in 10 employees strongly agree that their organization does a good job of onboarding.

Building a robust onboarding program entails different aspects that new hires need to learn as the company sets them up for success, especially during the time of hybrid or remote work.  It can be incredibly challenging when working in the finance and accounting arena as many software, tech tools, and programs are needed for success.

Here we look at 3 ways to provide an organized and informative onboarding for an Accounting Executive.

  1. Standardized onboarding process to target productivity for both remote and in-person work

An Account Executive role has a direct impact on the company’s goals that translates to revenue generation. Therefore, having a standardized onboarding process for both remote and in-person work set-up will allow the new hire to be able to have a full grasp of the company’s culture, ideals, business, clients, etc. in hybrid work situations. And it is a standardized onboarding process, there will be a sense of belonging for the new hire as the employees will have the same employee life cycle.

  1. Build mutual trust and align with the company’s vision and culture

An effective onboarding program can quickly establish alignment between the newly hired Accounting Executive and the company, which will be able to influence their relationship with the other team members. The new hire can be exposed to the company’s values, standards, work processes, etc. Having a good foundation of trust and alignment leads to higher job satisfaction, increased productivity, and efficiency.

  1. Invest in training and recruitment strategies

Employees who experience a more positive onboarding experience enhance their motivation to contribute to the company. However, when the new hire’s experience is not organized and well thought out, there is a 50% chance that the new hire will start off their new role with a bad impression, or worse – leave the company.

The Accounting Executive role also includes a lot of technical aspects which require a number of training sessions. Investing heavily in new strategies for training and recruitment will strengthen the onboarding experience and retention. Especially in this “hybrid era”, it is important for companies to be able to find new ways to execute processes, applying user-friendly systems, work within industry standards, etc., that will transcend the line between working from home and in-person.

Developing and maintaining a robust onboarding program that is fluid for remote and in-person work entails a lot of research, planning, and organization.  Even though there may be continual needs to adjust or pivot, the return on investment is worth it.

 

Looking for the right accounting and finance firmConsult one of our high-caliber recruiters at recruiting@seattlefinancial.com or call us at 206.343.8732.    

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