Employees Can Enjoy Work and Companies Can Be More Profitable

There are five important things you must know to make your employees happy and productive so they can help your business thrive and prosper. To set this up you have to first understand that today's worker is actively disengaged. They also call out sick more. One million workers call in sick every day in America. In addition, two months of the average worker's year is wasted. Job stress is up 70% and stress related disease has skyrocketed. Studies show that if you give worker's a voice they will be more productive and loyal. This can make your company wealthier. It has been shown that proper employee motivation works and coaching increases company profits by 40% and increases employee retention 20%.

The leading edge companies train 90% of their employees yearly with an outside firm. 85% of your company success depends on your people skills. A conservative estimate of the monetary payoff from coaching, according to Fortune Magazine, is that managers describe an average rate of more than $100,000 or about six times what coaching cost their company.

What is happening in the workplace? I already said worker's are disengaged, now add to that the fact employees are less loyal and more mobile. Workplace violence continues to soar as well. Change iniatives have been shown to waste money with only 30% of them producing a bottom line result, according to the Harvard Business School. Workers feel work isn't fun and that they are aren't treated with respect and compassion on the job.

Here are the five costly mistakes companies make when trying to improve the situation above by hiring a training company:
1. Hiring a training company to give a seminar.seminars aren't the answerparticipants forget 80% of what they learn in 72 hours
2. Hiring a training company that doesn't include corporate and organizational coaching as part of the package. Coaching gets results. According to Fortune Magazine, recipents value their coaching at 6 times the cost. 77% report improved working relationships with their direct reports, 71% with their supervisors and 63% with their peers. There is also a noted increase in job satisfaction, up 61%, and organizational commitment improves 44%.
3. Hiring a training company whose trainers are not properly trained or certified. Effective training requires intense knowlege of organizational development, coaching, training and consulting. Lack of this can increase employee disengagement.
4. Hiring a company that doesn't provide a year or more of follow-on coaching. Training without coaching doesn't stick. You won't get outcomes or ROI. Training without coaching results in 20-25% increase in productivity. Training WITH coaching gives an 80% increase in productivity!5. Hiring a training company without a track record.

Would you hire a CEO without a solid track record??

What to Look for In A Training Company:
1. Certified, experienced coaches/trainers
2. Certified Coaches
3. A proven track record/lots of experience

The productivity and profitability of your company can be greatly impacted by your choice of a training company. Training combined with coaching can increase employee productivity by over 80%. Training and coaching together, can result in over 50% higher net sales per employee, and 40% higher gross profit per employee. Not all training companies are the same. An uncertified, inexperienced training company can cost you employee productivity, employee profitability and take money away from your business and YOU!

If you want to know if your employee morale can be improved, you can get a complimentary Employee Morale assessment at no charge by emailing president@coachinginstruction.com or calling toll free in the US: 877-401-6165.

Terri Levine
http://www.comprehensivecoachingu.com
http://www.terrilevine.com
http://www.coachinstitute.com