Managers View of I9 Solutions
Now, more than ever, HR leaders need to understand the integrity of their employee records. With the US Immigration and Customs Enforcement’s crack down on I-9 compliance, it’s critical for HR leaders to establish and maintain a functioning compliance policy supported by a robust process. A strong compliance policy will help prevent liability and mitigate potential violations.
In addition to reducing risk, it’s critical for HR leaders to implement practices with their team and with hiring managers to ensure a seamless approach to the new employee onboarding experience. The first few days of an employee’s experience are a pivotal period for determining work satisfaction. Studies show that nearly 70% of employees are more likely to stay with a company if they have a positive onboarding experience. By implementing a strong onboarding process and retaining more employees, HR leaders will reduce hiring and turnover costs. On average, hiring an employee costs approximately $4,000 and takes about 40 days. Some studies show that the cost of turnover can be 50 – 60% of the exiting employees annual salary.
Over 58% of businesses are still spending time on paperwork during onboarding. Providing an electronic solution to required employment records will give hiring managers and new employees critical time to focus on making that first impression. Onboarding is the perfect time to spend on the history, vision, values, and culture of the business.