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| PeoplePulse
E-Newsletter - October 2007 Welcome
to our latest quarterly PeoplePulse Newsletter for clients and colleagues where
we aim to provide a range of useful information to help you get the most from
your feedback program.
In This issue ... |
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 | Feature
Article: Staff Turnover - Improving Staff Retention |
| Staff
Turnover: Want to Know The Secret To Better Retention? Renowned HR
expert Dr. John Sullivan once wrote:
Asking
employees at time of termination "why are you leaving" is like asking
your spouse "how to improve the marriage" on the day before the divorce
is final! By that time it's too late to do much anyway. Although
staff retention rates are a major concern amongst many of today's HR leaders,
there are some who still...... Click
here to read this article.
 | Welcome
to the PeoplePulse Family! | The
number of new PeoplePulse users continues to rapidly grow, with a record number
of new clients joining us since our last newsletter. As such, we would like to
officially welcome the following organisations to the PeoplePulse family:
|
 | Special
Offer: FREE client-branded retention pack! | All
companies registering their interest in the PeoplePulse Retention Pack
before the 31st November 2007 will receive a complimentary client-branded demonstration
of all 3 retention pack surveys. Simply
e-mail us now at: offer@ peoplepulse.com.au (without spaces) to register your
interest!
| | |
- Amcom
Telecommunications
- Angus & Robertson
- ANZ Bank
- Delta
Electricity
- Gold Coast Tafe
- Hunter
Valley Gardens
- James Adonis
- LexisNexis
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- Maxim's Travel
- Orica
- Professional
Edge (NZ)
- Royal Australian Institute
of Architects
- Sork Human Capital
- Springboard
Health & Performance
- Triathlon
Australia
- Trojan Recruitment Group
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| If you know anyone else
that you believe we may be able to assist, we'd be happy to help! Simply drop
us their details by completing
our brief referral survey or point them our way! |
 | Survey
in Profile - Training Needs Analysis Survey: |
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To most organisations, the benefits
of investing in ongoing staff training are clear. They include:
- Process improvements, - Cost savings, - Improved profitability,
- Performance improvement, - Behavioural improvements and - Increased
staff satisfaction.
Furthermore,
research undertaken to uncover the financial impact to an organisation of investing
in staff training shows a clear and quantifiable link between an above average
investment in staff training and superior bottom line performance: Based
on the training investments of 575 companies during a 3-year period, researchers
found that firms investing the most in training and development (measured by total
investment per employee and percentage of total gross payroll) yielded a 36.9%
total shareholder return compared with the 25.5% weighted return for the S&P
500 index for the same period*. Enter
The Staff Skills Audit: A staff
skills audit (uncovering current situation) and training needs analysis (guiding
future direction) is a vital first step in obtaining company-wide quantitative
data on what skills an organisation's workforce currently has, and (based on the
company's business objectives) where the skills gaps lie. Conducting
face-to-face meetings with a select few staff members to discuss training requirements
will not give you an accurate company-wide picture of the organisation's skills
status and future training requirements at one point in time. As such, an annual
or bi-annual online staff training needs survey is becoming an increasingly popular
approach to address this requirement. When
assessed against the alternatives of paper-based or face-to-face training needs
analysis surveys, we find the online approach has a number of clear advantages.
These include: 1.
Speed and ease of reporting - with easy access for multiple parties online.
2. Data entry time/expense/errors reduced. 3. Lower cost (verses traditional
paper, phone or face to face methods). 4. Consistency of data collection.
5. Negation of interviewer bias.
*Source:
American Society for Training and Development (ASTD).)
Please contact us at enquiry @peoplepulse.com.au
(without spaces) if you are interested in finding
out more about how we can assist you with tailoring the above Training Needs Analysis
Survey to your requirements - we welcome your enquiry. Alternatively, you can
phone us on +61 2 9232 0172.
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 | Website
Resources: |
If
you haven't already done so, you may be interested in checking out the following
new websites which continue to be well visited. These sites have been built by
us and are aimed at providing visitors with useful information on topics relating
to Exit Interviews and Training Needs Analysis.
Please
visit these sites at:
 | Did
you Know? . . . | |
Between 54-70 percent of business
from complaining customers can be won back if the process is handled promptly
and professionally.
- Source: TARP
Research | | | 
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Thank you for taking the time to read the quarterly PeoplePulse eNewsletter
– we hope that you found it useful and informative. If you would like
further information on any of the content covered above, or if there are any topics
that you would like to see covered in future issues, please email us at newsletter
@peoplepulse.com.au (without spaces). Until next issue, all the best.
Kind Regards, Paul
Quinn Managing Director Quinntessential
Marketing Consulting Ph +61 2 9232 0172 |