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Menu:
Updates:
April 2010:
Expert Insights - Creating a Team-Building Culture
March 2010:
Executive Briefing
February 2010:
Join other leaders who are maximising business performance
September 2009:
JobFit Assessments
August 2009:
Managing Human Capital in Unprecedented Times
June 2009:
Is your Organisation "Best-In-Class"?
May 2009:
Now is the time to Review your Screening & Selection Processes
March 2009:
Candidate Screening & Downsizing - How to make it effective!
January 2009:
All Managers can be Great Coaches
December 2008:
Study proves that Managers rarely understand the Success Factors of their employee
November 2008:
Perhaps if I starve the patient
that will make them stronger
October 2008:
Developing Courageous Leaders
September 2008:
Low Cost Employee Perks that won't punish your bottom line
August 2008:
Lessons of the Square Watermelon
Substance Abuse costs employers $56 billion/annum
That equates to an average cost of $5,600 for every Australian employee,
Straight off your bottom line!
It's Monday morning and you receive a phone call from one of your employees saying that she is laid up with a dose of the flu, but should be okay tomorrow.
What you aren't told is that she has not got out of bed since Saturday night after ingesting a cocktail of party drugs that fried her brain and that she is still undergoing the effects 30 hours later. She will get paid because she will use one of her "sickies", but you have lost a day's productivity. How much has that cost?
Unless you want to instigate regular employee drug tests, the solution is to screen out undesireable recruitment candidates before they are added to your payroll.
Downsizing is not just about reducing the payroll, unless you increase productivity, you have failed!
(Adapted from an article In the Sydney Morning Herald on Monday 9th March, 2009)
A survey by Drake International of 6,300 employees and managers who have experienced downsizing in their workplace, found that 40 per cent of staff became less motivated afterwards, while productivity improved in just 21 per cent of cases.
The survey also found that poorly implemented downsizing strategies lead to:
Ø A dive in staff morale and a failure to increase productivity
Ø 45% of employers re-employed staff within six months in roles that had been eliminated in the downsizing
Ø The expectation that staff will work harder to achieve downsizing benefits
Ø 41% of remaining staff lose their respect for their employer
Ø 46% were less likely to recommend their organisation to a job seeker after downsizing
Mr Edwards (Drake International) stated that the main cause was the lack of investment in retraining, with only 14 per cent of employees receiving training after the restructure, and that many employers undertook downsizing without appropriate planning that resulted in chronic underperformance.
Thinking about downsizing? Let us help you implement a strategy that will work. For more information please email us or call on (02) 9936 9000.
Are you screening effectively to get the "right" employees?
Or are you setting yourself up for failure?
The question has to be asked, why is it that managers will spend more time researching a $3,000 fridge to purchase for their home than they do for a $40,000 employee for their business?
Even more bizarre is that the fridge comes with a performance warranty, a users manual and a trouble shooting guide should something go wrong.
With traditional hiring methods (resume, interview & references) about all you get is "gut feel". Unfortunately your gut is only going to get it completely right 26% of the time, the other 74% is why you don't always sleep well at night.
By using Role Benchmarks you are able to screen and recruit for success and then have access to Coaching and Management Reports that are like user manuals and trouble shooting guides. Give role benchmarking a test run by clicking here and find out how to sleep better at night.
To find out how Profiles International can provide you with a better way to select, retain, manage, coach and develop your most important asset, please email or alternatively call us on (02) 9936 9000.
Regards,
Mark
Mark Purbrick
Regional Director