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Employee Development & Retention
C-F-S Executive understands that every organisation is searching for a competitive advantage and that a talented and engaged workforce is the heart of any organisation's success. The cost to lose good employees can be staggering.
Recent research at the Saratoga Institute in the USA shows that the average internal cost of turnover for a salaried employee is a minimum of one years' salary package or a maximum of two years' salary package. Add this to the cost to re-employ or use interim employees, along with the loss of knowledge and cost of finding replacement resources and loss of employees emerges as a major organisational expenditure.
Retention strategies, as part of the overall workforce management program, can enable organisations to continue to run leaner, whilst keeping those employees they have identified as core to the business or whose talents can be redeployed. Retention is enhanced through targeted deployment of staff, their informed management, motivation and coaching, and through promotion of a smart culture characterised by mutual understanding.
C-F-S Executive is well versed in developing executive employees to ensure optimum performance, productivity and profitability. We recognise that employees with direction and purpose will provide more effective outcomes and allow management to be results orientated. They are also more likely to stay employed with the company longer.
Our customised solutions include individual or group sessions designed to fit your employees' specific needs and meet your business objectives.
Individual development plans can be generated through three to four hour sessions that determine individual needs, goals, aspirations and personality traits, as well as identifying personal growth opportunities and career milestones to ensure successful and realistic outcomes for your employees. Specific services include:
- Staff Mentoring and Coaching
- Developing Individual Career Paths
- Managing Your Staff's Careers
- Leading Change
- Coping with Change
- Process mapping or balanced score card options to manage your agreed Key Performance Indicators.
Psychometric Tools
C-F-S Executive also has a range of sophisticated psychometric based tools that, together with our practical application, can be very helpful to management in gaining optimum results and a happy and fulfilled work force. Some of these are:
EPP, a product offered by Insight Matters, is an innovative psychometrically based tool which creates Customized Competencies to pinpoint your in-house values and cultural ideals. Other applications of EPP include:-
Team-profiler - reveals the reasons behind team performance by showing you the differences between your strong and weak performers and provides simple strategies.
Self-profiler and 360°-profiler - provide fast, simple, high-impact results to assist leaders with achieving their business outcomes and a 'road map' of developmental priorities. The Self-profiler offers you simple strategies for managing and motivating each individual according to their unique values and outlooks.
Other C-F-S Executive services that may assist your employee retention and development include:-
Executive Coaching - Qualified executive coaches, who are also qualified corporate psychologists, are available to provide enhanced services, including 360° profiling, as required. They will work with your executives both on a practical and personal level.
Insight-based Coaching - Development of incumbent executives and professional staff, assisted by detailed profiling of their unique strengths, values and coaching opportunities.
Employee Surveys - Our psychologists will show you how to ask the right questions, in the right way, for honest, accurate and commercially meaningful results.
Stress Inoculation™ - Modern stress elimination for permanently improved peace of mind, health, productivity and retention of staff during challenging times. One-on-one stress alleviation services are also available.
Client Testimonial
"...I was the newly appointed Managing Director for the Australian operations of one of Asia's most progressive companies and I was pleased to appoint CFS to help me retain the sales team. This was achieved and they helped me regain the company's market position which had declined to a great degree under a previous management team".
Chairman and CEO Australia & NZ
