Overcoming Constant Friction Between Hard & Soft HR Approaches

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May 10th, 2012 – 12:00pm to 12:30pm EDT

Presented by:Karen Meredith

President, Drake P3

Event #: 660 720 267 | Password: 1234

For audio, call 1-877-668-4493

Overcoming Constant Friction between Hard & Soft Approaches

to HR

Tough Times

Tough Times

Stress

Organizations React

The challengeGreat bosses

Great co-workersWork that matters

General

Fact # 1 – Everyone is Good at Something

3 Slides showing P3 profiles – and candidate to job match report

How Can You Find What People Are Good At?

Drake P3 is a web based assessment technology combining the science of psychology and statistical analysis with simple to use technology

• In use since 1983• Used by 20,000 managers in twelve countries• 97% of respondents find Drake P3 results 85% + accurate• Psychometrically based and validated• Supported by expert consultants, trainers, industrial psychologists, and

legal counsel.

Drake P3 Benefits

Online and Only Takes 10inutes

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Oil and Water & Fact # 2

Oil and Water & Fact # 2

HR has to be good at the hard stuff

The Last Mile & Fact # 3

The Last Mile & Fact # 3

• Workforce Productivity• Recruiting

• Retention• Employee Engagement

• Overall HR Costs

• Manager Satisfaction

• Dollar Impact of HR on the Business

• Compensation and Benefits

• Employee Relations• Training and Development

• Generalist Activities

• HR Goals Met

The ratio between the dollars spent on employee costs (wages, benefits and overall HR expenses) and overall company revenue. Metrics in this category could include:

• Percentage Improvement• Dollar Value

Workforce Productivity

Managers consistently rate recruiting among the top three things they expect from HR. Without overdoing it, here are some simple metrics that you can use to assess recruiting effectiveness:

• Vacancy Days• Performance Appraisal Score • Manager Satisfaction • Turnover Rate

Recruiting

Retention is also a highly rated management issue. In this case, most turnover measures are too simple.

• Overall Employee Turnover• Performance Turnover • Preventable Turnover • Diversity Turnover • Dollar Impact • Managers’ Overall Satisfaction Rate

Retention

• Allows multiple people to give input into what the job is

• Takes only 10 minutes

• Online Survey

• Get consensus easily!

30

Karen MeredithPresidentDrake P3

kmeredith@na.drakeintl.com 1-917-863-0030

Jay RosalesDrake International

jrosales@na.drakeintl.com 416-216-1070

Contact Information

May 17th, 2012, 12 pm EST to 12:30 pm EDT

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