Dear Samsamay,
I can see that in the previous replies, all have written about Induction only. When a new employee joins a company, he is led into an induction/orientation or an induction and orientation program. This really confuses many in HR, as some believe it is induction while others refer to it as orientation.
Let me make it clear that these two are interrelated but different concepts that are parts of any initiation program designed to make a new employee feel relaxed and learn the rules and regulations of a company in an easy manner.
Induction comes first, and then it is followed by Orientation. Introducing the New Employee to all in the Organization, Issuing Appointment Letter, Entering the name of the New Joiner in Attendance, Leave Management System, Salary Program, and all other joining formalities including familiarizing the new employee with the Company Profile, HR Policies and Processes, Organization Structure, etc., come under the Induction Process. We can take the help of a Presentation to explain some of the aforementioned stuff to the new joiner. Induction is shorter, mostly of a day or two.
Orientation is a more formal program and usually consists of familiarizing the new employee with his work environment, the job, and tasks that the new employee is expected to perform. Initial on-the-job training can be a part of Orientation. The entire process can take 1 Week to 2 Weeks.