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Entries in Surveys & Polls (4)

Tuesday
Mar242015

The Results Are In: Does Your Company Have an Employee Development Program?

In our January Question of the Month, we asked if your company has a comprehensive employee development program. The encouraging results show that approximately 63% of respondents have a program in place to help or at least encourage their employees to reach their development goals.

The full breakdown:

  • For 24% of respondents, employee development is an integral part of their culture
  • 20% offer employee development opportunities, but only on an as needed basis
  • 19% of companies encourage employee development, but don’t officially support it
  • And, 38% have no employee development initiatives in place

During the past few years since the recession, an alarming situation has emerged in the workforce. Currently, there are more than 12 million unemployed workers in the U.S. at the same time many businesses across all industries are having a difficult time filling open positions. So, where’s the disconnect? Studies have shown that the problem may lie with fewer numbers of available skilled workers.

The workplace is constantly evolving, so in order to ensure your business stays productive, it’s necessary for your workers to evolve at the same pace. Companies that place an emphasis on training and development programs for their employees are essentially helping to creating their own private talent pool. Focusing on developing younger or less-skilled workers will help ensure you have easier access to talent to fill high-skilled job vacancies. And by creating comprehensive leadership development paths, you take important steps toward securing the future of the company.

Employee training and development is a vital part of building a stable, productive, and successful business. And as the workforce continues to become more technologically advanced, the need for highly skilled workers is only going to increase. Staying ahead of the curve and making moves to fight the brewing talent war will be key to survival in the long run.

How do you develop new employees and prepare them to take on larger roles within your company? Let us know in the comment section below.

by Jared Brox on February 19, 2013 in Executive InsightsLeadership and ManagementSurveys, Polls, and Infographics

URL: http://www.refreshleadership.com/index.php/2013/02/results-company-employee-development-program/

Thursday
Aug142014

CareerBuilder: “One in Five Companies Have Replaced Workers with Technology”

According to a recent survey by CareerBuilder and Economic Modeling Specialists International (EMSI), 21% of companies say they have replaced employees with automation. The survey also points out that while an increased emphasis on technology has eliminated some jobs, in many instances, more higher-skilled jobs were created as a result.

Check out the full report.

Has your company “automated” its workforce? If so, what was the effect on hiring? Let us know in the comments section below.

Thursday
Jan232014

The Results Are In: Your Business Performance Predictions for 2014

For our December 2013 question of the month, we asked about your business performance predictions for 2014, and the results show a definite sign of optimism for the new year.

According to the results, 50% of respondents say they expect to see exponential growth and 43% believe their business volume will be steady, but unchanged from 2013. However, the most telling sign of what many businesses expect in 2014 is the fact that only 7% of respondents say they will see a decrease in business activity.

To add further optimism about the state of the economy in 2014, at the end of 2012 we asked our readers about their business performance predications for 2013, and only 31% of respondents said they expected to see exponential growth in 2013, while slightly more than 25% said they would experience a decrease in business volume.  So year over year, businesses in general seem to be anticipating a fairly productive and successful 2014, which is supported by many key economic indicators, like historic highs in the U.S. stock market, increasing – albeit slowly – housing starts in both the U.S. and Canada, and a rebounding consumer confidence index.

However, the general optimism about 2014 still comes with its fair share of challenges that could derail forward momentum. For example, weak GDP components like exports and investment in Canada and of course, the impact of the new health care reforms in the U.S.

What do you think will be the key challenges to the economy in 2014? Is your business prepared to respond to them? Let us know in the comments section below.

Thursday
Nov142013

The Results Are In: How Do You Handle the Extra Workload During the Holiday Season?

In October, we asked how you plan to handle the extra workload many businesses experience during the busy holiday season. From increased business volume to employees taking time off to be with family and friends, the fourth quarter often brings about a variety of productivity challenges.

Surprisingly, a majority of respondents either “don’t make any adjustments to their workforce” (35%) or “offer overtime and incentives to their current staff” (34%). “Hiring seasonal/temporary workers through a staffing firm” came in third with 21% of the votes, followed by “hiring full-time employees” and “outsourcing projects” at 4% and 2%, respectively.

Some respondents chose the “other” option and gave a variety of suggestions, including:

  • Prohibiting vacations in the month of December
  • Creating a system for allotting time off
  • Hiring summer students back
  • Working overtime without increase in pay/incentive

One industry that is often most affected by increased business volume during the holiday season is retail.

Holiday shopping projections look positive.
Professional services giant, Deloitte, recently released the results of its annual holiday survey. According to the survey, total holiday spending is expected to increase 12% over 2012 due in large part to an increase in consumer confidence and a more positive outlook on household finances and job security.

Online shopping continues to boom.
The Deloitte survey also found that for the first time, the “Internet” was cited as the top venue for shopping this holiday season, followed by “discount/value department stores” at 44% and “traditional department stores at 28%.

Social media will have an impact.
Nearly half (45%) of the respondents to the Deloitte survey say social media will play a role in their holiday shopping in a variety of ways:

  • Research gift ideas – 48%
  • To find discounts – 44%
  • Read reviews, “likes,” or recommendations – 40%
  • Browse products – 37%
  • Check what gifts family/friends want – 35%
  • Post comments/share links – 25%
  • Go to retailer’s fan page – 21%

In fact, consumers now feel they are more knowledgeable than ever about their choices. Nearly 60% of respondents said they feel they are better connected to consumer information – like coupons, pricing, and product availability – than in-store sales associates.

Despite increases in e-commerce, retailers still expected to hire.
While there’s little doubt about the significant impact of online shopping, retailers are still expected to hire as many as 780,000 seasonal workers for the 2013 holiday shopping season, according to the National Retail Federation (NRF).

Are the holidays a busy time for your company?
The NRF estimates that for many businesses, November and December sales can represent between 20-40% of a business’ annual sales. Are the holidays a busy time for your company? If so, how do you plan to address the increased business volume? Let us know in the comments section below.