App claims to cut onboarding costs and time

After recruiting and hiring new employees, onboarding is the next most important step in the hiring process. However, onboarding involves more than signing W-2 forms and filling out a waiver for the on-site health facility. It's a crucial three-month window in which you can train new employees and help them assimilate into the company culture. By not investing in the onboarding process, you risk not only losing the invested time and money, but also your new hire, according to Chris Buttenham, CEO and co-founder of Tasytt.

One in four employees who start at a company will leave within the first year if proper onboarding techniques aren't used, according to Buttenham. Even more alarming, one in every 25 employees will actually quit on the first day, he says, which only makes it even more important to help employees feel welcome from the moment they sign the dotted line.

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