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Effective learning and development programs are the key to creating an engaged workforce. Attracting the right employees is job number one, and for successful companies the future requires a new look at employee development programs. Engaging your workforce requires innovative training methods and programs. About 55% of employees consider career growth and opportunity more important than salary. Focusing on learning as a benefit or perk, is a valuable way to keep employees happy.
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A manager is the most important factor in bringing out a worker’s best performance. Good managers don't manage projects, they manage people, and they get high performance out of their people. Organizations can use Manager Performance Assessments to identify some common qualities of low performing managers:
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Companies with high employee turnover generally have lower service quality, lower productivity and lower profitability. If not managed effectively, turnover can become a vicious circle that eventually can lead to company failure. Retaining employees is the foundation of every company’s success.
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Your workforce is made up of diverse and distinct personalities. A competent manager recognizes these differences in each employee and doesn’t take a one-size-fits-all approach. DISC is a behavior assessment tool that measures four different behavioral or work styles: dominance, influence, submission, and compliance. With each of the four behavioral styles, there is a different way to communicate and delegate tasks, compliment, correct, motivate and coach each employee.
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Recruiting sales talent can be expensive, especially if you end up with a bad sales hire. We define a bad sales hire as - a salesperson who consistently ranks in the bottom 20% for three months after the ramp-up period. It’s not only that the company has wasted the invested salary in a salesperson who didn’t work out, but there are other expenses created — replacement recruitment and hiring costs, replacement training costs, lost productivity, lost business, and more. So, how much did that bad hire really cost you? Current estimates are 50% to 75% of the annual compensation.
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Employers often hire candidates who interview great but don’t work out. Many of these employers still rely on Gut Instinct rather than a proven process to determine Job Fit. In order to make a successful hire you need to understand the competencies and personal characteristics that will predict job success. Job Fit determines the qualities and characteristics employers need to look for when hiring. Here is how you complete a Job Fit Analysis with Prevue Assessment.