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In this video, Josh from HR University discusses the critical aspects of successful employee onboarding. He emphasizes that effective onboarding significantly impacts business performance. Employee onboarding is defined as the process of helping new hires adjust to their roles efficiently, focusing on the necessary attitudes, knowledge, skills, and behaviors for success within the organization. The onboarding period is crucial, with managers closely observing new employees to ensure they are set up for effective functioning. Viewers are encouraged to subscribe for more insightful HR content.