7 Ways to Improve Employee Onboarding and Offboarding with a Password Manager
Staff turnover costs organizations thousands of dollars in training, recruitment, productivity loss, and more. The average cost just to hire an employee is $4,700, though some estimates show that expense is much higher—three to four times the salary of the position.
Successful onboarding practices, however, can reduce turnover. Ineffective offboarding also creates risks: When employees are not properly offboarded, they expose the organization to data theft and cyberattacks.
View this guide to delve deeper into the following:
- Comprehensive best practices to enhance security and user experience surrounding credential management for onboarding and offboarding.
- Why 76% of surveyed IT leaders view employee offboarding as a significant security threat;
- The impact of optimizing HR and IT workflows to improve security.