Many factors are making it increasingly difficult to onboard new hires and then prepare them for fully billable work.
42.3% of the PSOs in the survey reported over 60 days for a new consultant to become productive once hired, which is much higher than the 34% in 2020. Well-structured onboarding and mentoring programs are a must for organizations with significant growth plans.
This year, the average time for a new hire to become productive increased to 59.1 days in 2021 from 58 in 2020. Each extra day of ramping time is significant.
PSO organizations within SaaS and Software companies take the longest to ramp employees, averaging 84.9 days versus 47.8 in IT consultancies. Smaller organizations take longer, too, as they need people to perform more roles and have less well-defined onboarding programs.