Business

Creating a Comprehensive Onboarding Program: Key Elements & Best Practices

Published

2 years ago

May 23, 2023

Onboarding is often considered a routine task in many organisations; a quick set of introductions and administrative tasks before the real work begins. However, comprehensive onboarding goes much further. It’s an investment in people that strengthens your company’s culture, sets clear expectations, and improves the performance and retention of new hires.

In this blog post, we will explore the key elements of a comprehensive onboarding program and discuss some best practices.

Defining Onboarding

Before delving into the specifics, let’s understand what comprehensive onboarding entails. Onboarding is not a one-day event, but rather a systematic process that helps new employees understand their roles, responsibilities, and performance expectations. It acquaints them with the company culture, values, and working environment, ensuring a smooth transition into the organisation.

The Key Elements of a Comprehensive Onboarding Program

Preboarding

Before the first day, new hires should receive a preboarding package that contains essential details about the company, the team they will be joining, and the expectations for their role. This could include a welcome letter, team bios, company policies, and a schedule for their first week.

Orientation

The first day is crucial. It should include a tour of the facilities, introductions to colleagues and leadership, and an overview of the company’s mission, vision, and values. Orientations should be engaging and informative, creating a welcoming atmosphere for new hires.

Training and Development

On-the-job training should follow the orientation, including necessary technical skills and other professional development opportunities. This process will vary significantly depending on the role but should always aim to set the new hire up for success.

Buddy Programs and Mentorship

Pairing new hires with a peer ‘buddy’ or a more senior mentor can facilitate integration into the team and company culture. This relationship provides a direct, informal line of communication for any questions or concerns.

Regular Check-ins and Feedback

Regular check-ins are essential to monitor the new hire’s progress, provide feedback, and address any challenges. The aim is to ensure the employee feels valued, heard, and comfortable.

Best Practices for Implementing a Comprehensive Onboarding Program

Leverage Technology

Modern technology can significantly streamline the onboarding process, offering platforms for video introductions, online training, and document sharing. For instance, you might consider Link Safe induction services to deliver an interactive and engaging onboarding process that ensures all safety and compliance requirements are met.

Personalise the Onboarding Experience

Every employee is unique, with different skills, experiences, and learning styles. Tailor your onboarding program to meet individual needs. For instance, an experienced hire might need less time on basic training but more on the company’s specific processes and systems.

Engage Leadership

Involvement from leadership can make a big difference in the onboarding process. It communicates to new hires that the organisation values them, leading to increased motivation and job satisfaction.

Establish a Clear Timeline

A structured onboarding program should extend beyond the first week or month, with a timeline stretching out to a year or more. This long-term approach allows for gradual, steady integration into the company and role.

Foster a Supportive Culture

Fostering a supportive and inclusive culture is paramount. Encourage team-building activities and provide resources to support new hires – make them feel they are part of a community.

An effective, comprehensive onboarding program is much more than a simple introduction

It’s an essential component of talent management that plays a crucial role in employee engagement, productivity, and retention. By incorporating these key elements and best practices, you can create a meaningful onboarding experience that benefits both your employees and your organisation as a whole.

Business

13 Reasons Investors Are Watching Phoenix Energy’s Expansion in the Williston Basin

Published

2 hours ago

April 23, 2025

Matthew Wiles

As energy security becomes a growing priority in the United States, companies focused on domestic oil production are gaining attention from investors. One such company is Phoenix Energy, an independent oil and gas company operating in the Williston Basin, a prolific oil-producing region spanning North Dakota and Montana.

Phoenix Energy has established itself as a key player in this sector, expanding its footprint while offering structured investment opportunities to accredited investors. Through Regulation D 506(c) corporate bonds, the company provides investment options with annual interest rates ranging from 9% to 13%.

Here are 13 reasons why Phoenix Energy is attracting investor interest in 2025:

1. U.S. energy production remains a strategic priority

The global energy landscape is evolving, with a renewed focus on domestic oil and gas production to enhance economic stability and reduce reliance on foreign energy sources. The Williston Basin, home to the Bakken and Three Forks formations, continues to play a critical role in meeting these demands. Phoenix Energy has established an operational footprint in the basin, where it is actively investing in development and production.

2. Investment opportunities with fixed annual interest rates

Phoenix Energy bonds offer accredited investors annual interest rates between 9% and 13% through Regulation D 506(c). These bonds help fund the company’s expansion in the Williston Basin, where it acquires and develops oil and gas assets.

3. Record-breaking drilling speeds in the Williston Basin

Phoenix Energy has made significant strides in drilling efficiency, ranking among the fastest drillers in the Bakken Formation as of late 2024. By reducing drilling times, the company aims to optimize operations and improve overall production performance.

4. Expansion of operational footprint

Since becoming an operator in September 2023, Phoenix Energy has grown rapidly. As of March 2025, the company has 53 wells drilled and 96 wells planned over the next 12 months.

5. Surpassing production expectations

Phoenix Energy’s oil production has steadily increased. By mid-2024, its cumulative production had exceeded 1.57 million barrels, outpacing its total output for 2023. The company projected an exit rate of nearly 20,000 barrels of oil equivalent per day by the end of March 2025.

6. High-net-worth investor offerings

For investors seeking alternative investments with higher-yield opportunities, Phoenix Energy offers the Adamantium bonds through Reg D 506(c), which provides corporate bonds with annual interest rates between 13% and 16%, with investment terms ranging from 5 to 11 years, and a minimum investment of $2 million.

7. Experienced team with industry-specific expertise

Phoenix Energy’s leadership and technical teams include professionals with decades of oil and gas experience, including backgrounds in drilling engineering, land acquisition, and reservoir analysis. This level of in-house expertise supports the company’s ability to evaluate acreage, manage operations, and execute its long-term development plans in the Williston Basin.

8. Focus on investor communication and understanding

Phoenix Energy prioritizes clear investor communication. The company hosts webinars and provides access to licensed professionals who walk investors through the business model and operations in the oil and gas sector. These efforts aim to help investors better understand how Phoenix Energy deploys capital across mineral acquisitions and operated wells.

9. Managing market risk through strategic planning

The energy sector is cyclical, and Phoenix Energy takes a structured approach to risk management. The company employs hedging strategies and asset-backed financing to help mitigate potential fluctuations in the oil market.

10. Commitment to compliance

Phoenix Energy conducts its bond offerings under the SEC’s Regulation D Rule 506(c) exemption. These offerings are made available exclusively to accredited investors and are facilitated through a registered broker-dealer to support adherence to federal securities laws. Investors can review applicable offering filings on the SEC’s EDGAR database.

11. Recognition for business practices

As of April 2025, Phoenix Energy maintains an A+ rating with the Better Business Bureau (BBB) and is a BBB-accredited business. The company has also earned strong ratings on investor review platforms such as Trustpilot and Google Reviews, where investors often highlight clear communication and transparency.

12. A family-founded business with a long-term vision

Led by CEO Adam Ferrari, Phoenix Energy operates as a family-founded business with a focus on long-term investment strategies. The company’s leadership emphasizes responsible growth and sustainable development in the Williston Basin.

13. Positioned for long-term growth in the oil sector

With U.S. energy demand projected to remain strong, Phoenix Energy is strategically positioned for continued expansion. The company’s focus on efficient drilling, financial discipline, and structured investment offerings aligns with its goal of building a resilient and growth-oriented business.

Final thoughts

For investors looking to gain exposure to the U.S. oil and gas sector, Phoenix Energy presents an opportunity to participate in a structured alternative investment backed by the company’s operational expansion in the Williston Basin.

Accredited investors interested in learning more can attend one of Phoenix Energy’s investor webinars, which are hosted daily throughout the week. These sessions provide insights into market trends, risk management strategies, and investment opportunities.

For more information, visit the Phoenix Energy website.

Phoenix Capital Group Holdings, LLC is now Phoenix Energy One, LLC, doing business as Phoenix Energy. The testimonials on review sites may not be representative of other investors not listed on the sites. The testimonials are no guarantee of future performance or success of the Company or a return on investment. Alternative investments are speculative, illiquid, and you may lose some or all of your investment. Securities are offered by Dalmore Group member FINRA/SIPC. Dalmore Group and Phoenix Energy are not affiliated. See full disclosures.

This article contains forward-looking statements based on our current expectations, assumptions, and beliefs about future events and market conditions. These statements, identifiable by terms such as “anticipate,” “believe,” “intend,” “may,” “expect,” “plan,” “should,” and similar expressions, involve risks and uncertainties that could cause actual results to differ materially. Factors that may impact these outcomes include changes in market conditions, regulatory developments, operational performance, and other risks described in our filings with the U.S. Securities and Exchange Commission. Forward-looking statements are not guarantees of future performance, and Phoenix Energy undertakes no obligation to update them except as required by law.