Globally, and no matter what size your business is, research from webonboarding reveals that businesses are failing to onboard new employees effectively, and in turn bringing costly implications to businesses.
Author Adam Reynolds
Each year, in excess of £100m is being lost to UK companies through falsified and exaggerated costs.
If HMRC find anything wrong, you’re liable to pay back costs, with added interest and possible penalty charges.
It’s understandable that businesses want to get new talent onboard quickly, but beware you don’t immediately dampen the enthusiasm of your new hires under a deluge of paperwork.
In the early days of a business, it is easy to keep track of who’s spending what, but as you scale up expenses becomes an evolving challenge.
What makes spotting future expenses horrors difficult is that expense management problems tend to emerge slowly. It’s the gradual slowing down of systems as staff struggle to cope with the increased demands caused by scaling-up.
It’s not the start of the latest horror movie, but the terrifying reality for many new starters taking on a new role in a new company. Here are some of the worst onboarding horror stories.
It’s easier than you think to get global ready from day one of a new business. If you have ambitious plans, the important thing is to be ready and plan ahead.
Adam Reynolds takes a look at the process of employee onboarding and explains why it can protect the personnel investments a business makes.
Going global with the wrong tools behind you can create an expenses nightmare.
Providing basic equipment and space for new-starters seems to be such a simple task, and yet it’s clear that this is one of many elements of the onboarding experience that companies around the world are getting wrong.
Digital expenses management can make your life easier and can make your staff happier. Here are the top five reasons to ditch your spreadsheets.