Help New Employees Succeed

Six Ways to Help New Employees Succeed

Starting out at a new job can be a stressful experience. But by taking the right steps, employers can help make the transition easier and set them up for continued progress. If you’re looking for how to best benefit your hirees, we have six ways to help new employees succeed.

Set expectations

First off, a new employee can’t succeed if they don’t know what’s expected of them. Let them know what metrics they’ll be measured by, what goals are set for them, and what priorities they’ll have. This way, they won’t focus too much time on less important items, underachieve because they don’t know how high their goals are, or overwork themselves to the point of burnout because they think they need to do much more than what is actually expected.

Help them understand the company and its mission

According to a Gallup survey, employees are more likely to stay at a place of employment when they feel a sense of purpose there. If an employee understands the company’s mission, they’re better able not only to align their work so that it furthers the mission, but they’re able to see how their contributions are helping to further it as well.

Create a robust and transparent onboarding program

Onboarding a new employee the right way will help set them up for success going forward. Train them in the tasks they’ll be performing — and set those expectations we mentioned earlier. Introduce them to their teammates and the coworkers they’ll be interacting with. Show them around your systems so that processes aren’t too opaque to understand. Spend their first days helping them find their footing at the company, so they’ll be able to stand on their own later.

Get to know them outside of their role in the company

Few people like feeling as if they’re a cog in a machine. Let new employees know you care about them as individuals. Do they have any interests or hobbies? Do they have goals beyond their work? This might also help you understand more of their personality and work style, which can be useful when assigning tasks and expectations.

Find a mentor for them

When you’re new, it’s incredibly beneficial to have an insider’s perspective, there to provide tips and tricks on navigating the unfamiliar space. Pairing recent hires with a mentor will give them an opportunity to ask more questions and be led in the right direction — as opposed to being to find their own way alone.

Allow mistakes and celebrate wins

Remember your employees are human, and humans make mistakes. When someone’s learning new systems and processes, errors are bound to occur, and it’s important to reassure them that it’s okay. Not only will it keep their morale up, but it will give them the confidence to admit any mistakes in the future. Then, on the other hand, be sure to celebrate when they succeed in tasks and master the skills they’ve been learning. This way, they’ll know their work is appreciated and meaningful.

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What to Expect: Realistic Outcomes

Climb’s Comprehensive Access Solution can offer a strategic balance of increased enrollments and upfront cashflows compared to traditional lenders. While no financing solution guarantees 100% collection, our data-driven approach maximizes both upfront cash and long-term repayment rates.

Typical Partner Results:

  • 15-30% of students qualify for Climb Loans with upfront tuition delivered to the school shortly after course start
  • 45-60% of students qualify for 0% APR* payment plans
  • Enrollment increases of 20%+ reported by partner schools**

**Results vary by school and student demographics. This represents performance reported by individual school partners and should not be considered a guarantee of your specific outcomes.

The bottom line: CAS is designed to maximize your net tuition recovery while eliminating the administrative headaches of student financing.

Maximizing Your Results

Pro Tip: Schools that require student deposits and set up automatic payments during enrollment see significantly better repayment performance across all financing options. These simple steps can meaningfully improve your outcomes.

FAQs

We use a comprehensive, AI-driven assessment that goes beyond traditional FICO scores to better serve career training students:

  • Climb Credit Score: Over 150 data points specifically designed for vocational students
  • Debt-to-Income Ratio: Reliable predictor of payment performance
  • FICO Score: Used primarily for interest rate assignment

Key advantages of our approach:

  • Soft credit pull until loan funding (no credit impact during application)
  • The majority of students receive instant decisions
  • Students can apply with co-borrowers directly in the application
  • More accurate placement into appropriate financing products

We use a comprehensive, AI-driven assessment that goes beyond traditional FICO scores to better serve career training students:

  • Climb Credit Score: Over 150 data points specifically designed for vocational students
  • Debt-to-Income Ratio: Reliable predictor of payment performance
  • FICO Score: Used primarily for interest rate assignment

Key advantages of our approach:

  • Soft credit pull until loan funding (no credit impact during application)
  • The majority of students receive instant decisions
  • Students can apply with co-borrowers directly in the application
  • More accurate placement into appropriate financing products

Students are placed into funding brackets (Elite, Standard, Enhanced) based on our AI assessment. Higher-credit students generate higher upfront payments to your school, while students with limited credit are seamlessly directed to our 0% Payment Plan.

These brackets are established using data from over $1 billion in career training loan originations and may be adjusted periodically based on updated repayment trends.

Important note: Regardless of which bracket a student falls into, they are considered fully paid by your school once funded. The student’s repayment obligation exists exclusively between Climb and the student.

Elite Access not available for Computer Science programs. Upfront percentages vary by industry and loan terms.

Once Climb disburses upfront funding for a student loan, that student is considered fully paid by your school. You will not receive any additional payments for that student—the single upfront payment is complete and final.

From that point forward, the student’s repayment obligation exists exclusively between Climb and the student. Your school has zero liability if the student defaults, and you keep the full upfront payment regardless of the student’s future payment performance.

They’re automatically offered our 0% Interest Payment Plan, ensuring no student is turned away while maintaining steady monthly cash flow for your school.

Higher-credit students generate larger upfront payments (75-100% of tuition), while students with limited credit use our 0% APR* Payment Plan for consistent monthly revenue. Both options are risk-free for your school

Absolutely. Climb complements existing payment options like scholarships, employer-sponsored programs, and internal financing.

Absolutely. Climb complements existing payment options like scholarships, employer-sponsored programs, and internal financing.

Typically, within 5-10 business days after your partnership agreement is signed.

Comprehensive onboarding webinar, continuous partner support via AI-assisted chat and live email—and real-time borrower assistance with our live-chat-available student success team.

No. Climb fully manages the administrative responsibilities—your team simply monitors your school’s performance via our intuitive School Portal.

Your school is fully protected either way. For Climb Loans, you keep the entire upfront payment with zero liability. For Payment Plans, you only receive what students actually pay, with no risk to your school.