Project description
Retain staff, reduce turnover rate
Companies that experience unnecessarily high turnover rates are increasing costs with nothing to show for it. From recruitment strategies to training and retention techniques, keeping employees (and keeping them happy) is key. To welcome new employees, a growing number of European companies have built a strong onboarding process to help integrate them with the company and the culture. Currently, approximately 75 % of the companies worldwide have implemented an onboarding process, investing an average of EUR 5 380 per new hire. The EU-funded Mob project is developing an app dedicated to onboarding. It has 22 modules and uses push-up notifications, maps, surveys and virtual reality videos. Tried and tested, the app has significantly shortened the time spent to achieve social integration.
Objective
To reach full productivity, a new employee typically takes from 8 to 12 months. Moreover, during his/her first 45 days, 20% of them decide to quit. Currently, approximately 75% of the companies worldwide have implemented an onboarding process investing an average of €5,380 per new hire. Manual delivering of onboarding information is not effective, but it is a heavy workload for HR managers and cannot be tracked; whereas available software in the market simply refer the employee to the intranet, which can consume up to 30% of the workday. MoB is an app dedicated to onboarding, with 22 modules delivering effective communication using: push-up notification, maps, surveys, virtual reality videos that allow the user to know the facilities and gamification, that increases the probability and an effective consumption of information. And which is more important, MoB is a non-intrusive, white-label and extremely intuitive app: it can be seamlessly integrated into companies’ existing IT systems, with perfect alignment with the corporate image, and easily configurable and manageable by non-IT experts.
We have a SaaS business model that allows: 1) employees (end-users) to increase 23% their confidence and satisfaction and to have access to 5% more benefits. Moreover, MoB reduces 56.4% the time expended to achieve self efficiency and social integration. 2) companies with high employee turnover rates (customers) to increase 75% employees’ engagement, while reducing 31% employee turnover. With MoB, employees reach 97.7% productivity within the first 10 days. Through this project, we aim to boost Iphonedroid competitiveness by generating revenues of €23.5M by 2026 and increasing our workforce by at least 50%..
Fields of science (EuroSciVoc)
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CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- social sciences economics and business business and management business models
- social sciences economics and business economics production economics productivity
- social sciences economics and business business and management employment
- natural sciences computer and information sciences software software applications virtual reality
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
MAIN PROGRAMME
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H2020-EU.3. - PRIORITY 'Societal challenges
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H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-1 - SME instrument phase 1
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-EIC-SMEInst-2018-2020
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
28031 MADRID
Spain
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.