3 research outputs found

    Are There Any Best Practices for Developing Gen Y/Young Professionals?

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    According to U.S. Census Data, each year 1 million Millennials enter the workforce; nearly 40 percent of the U.S. workforce will be Millennials by 2020. Characterized as remarkably different from Baby Boomers, Gen Y is facing many challenges when it comes to leadership roles. Gen Y leaders are expected to refocus organizations as global forces, develop cultural intelligence, develop strategic thinking and decision-making intelligence, and nurture long-term collaboration.2 Development programs specifically designed for Millennials are necessary to fill the gaps, and are powerful tools for attracting and retaining top young professionals

    What are the Proven Financial Benefits of Health and Wellness Programs?

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    The implementation and growth of Health & Wellness programs has become a very hot topic for companies seeking to obtain maximum returns on their health investment dollars. According to a 2011 PwC Health and Well-being Touchstone Survey of approximately 1,700 companies, 73% reported offering wellness programs to eligible employees. However, the big question in this platform is not figuring out what to implement, but how to measure what has been implemented. According to a National Business Group on Health and Fidelity Investments survey, “only one-third of employers have measurable goals/targets for their health improvement programs, and 59% of employers don’t know their return on investment (ROI).” In order to ensure an effective design and implementation of health and wellness programs, it is important to establish a practical measuring system that can accurately track its performance and evaluate its results

    What are the Business Impacts of Having Career Development Practices/Programs?

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    The utilization of employee development programs by companies has become increasingly popular in recent years; economic and external pressures to outperform competition have been a key driver in this arena. For sales organizations specifically, the resurgence of the United States economy will undoubtedly create higher demand for goods and services; it is essential that these organizations are prepared from their front line and up. According to a CSO Insights 2012 Sales performance optimization study, “a vast majority of the firms surveyed reported having education programs for their sales teams.” However, the more important issue is to have a clear development strategy that will result in positive business outcomes. According to the American Society for Training & Development, U.S. businesses spend $15 billion a year on sales training, only to yield sub-par results that sales employees view as “ineffective or less than useful.”What_Are_the_Business_Impacts_of_Having_Career_Development_Practices_and_Programs.pdf: 653 downloads, before Oct. 1, 2020