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How to capture institutional knowledge

Insperity

For example, think about your own job tasks: What do you know that only a few coworkers or subordinates might grasp? Training happens, expectations are set, and procedures are introduced – but none of these things are written down. Are you the main point of contact with a vendor? Everyone is busy.

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Your definitive guide to employee training: Why, when and how

Insperity

Employee training is one of the most significant investments in time and money that your organization may make, but it’s also one of the most critical initiatives impacting the long-term success of any business. Who needs employee training? With this in mind, let’s start with the easy question: who needs to undergo training?

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Attrition versus turnover: What’s the difference and why does it matter?

Insperity

For example, if you started the quarter with 100 people and ended it with 85, that quarter’s attrition rate is 15 percent. In our example above, we’ll say 20 employees left. In the case of our example, the formula looks like this: (100 + 85) / 2. Again, for our example, the formula looks like this: (20 / 92.5)

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How to create a business plan that helps optimize your HR strategy

Insperity

For example, if you’re starting a software company, you might be creating value for unpaid simple users as well as for paying enterprise clients. For example, do they want software demos in person or online? Following up on our software demo example, online will almost always be more cost-effective than in person.

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Want to offer support for caregivers of aging relatives? Read this

Insperity

If an employee needs to drop off a parent at an adult day care in the morning, for example, she could work from 9 a.m. Cross training. Train other employees on the position so that they can fill the gap if the caregiving employee must take an indefinite leave. Here are some options: Flexible scheduling. instead of 8 a.m.

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5 steps to kick-start your succession plan via your org chart

Insperity

Sometimes we’re clear about our ambitions for the future – for example, growing by 10 percent – but forget that people are almost always required to help us grow into our goals. Finding internal candidates with the help of your organizational chart can save you time and money spent on recruiting, onboarding and training outsiders.

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Top 5 Budget Mistakes Hurting Your Training Operation

Training Orchestra

After all, without a budget to fund learning operations , no amount of training is going to get done. Every training team in the world has its unique challenges, but there is one that they all share: substantial employee training costs.