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In this video, Josh from HR University emphasizes the significance of successful employee onboarding for business impact. He defines employee onboarding as the process that helps newly hired employees adjust to their roles smoothly. This involves equipping them with the necessary attitudes, knowledge, skills, and behaviors required for effective performance within the organization. During the onboarding phase, attention is focused on the employee, with managers actively supporting their integration into the company. Josh encourages viewers to subscribe for more insightful HR content.