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In most cases, an onboarding process is exactly what it sounds like – acquiring new staff acclimated with company society and processes. Usually this consists of numerous First Verify-ins in addition to a formalized orientation approach built specifically for this purpose.

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Employee turnover charges vary noticeably according to the industry, with a few exploration suggesting that the typical turnover fee of nonprofit corporations is drastically greater than that of for-profit ones. In addition, turnover rates may also be affected by the size of the company; modest companies are likely to own reduced personnel retention rates than mid-sized or massive companies.

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