Workplace
Ruminations |
January , 2009 |
 In
today’s economy, every one is looking for
ways to increase revenue and gross profit margins
per employee. According to the American Society
for Training and Development (ASTD), investment
in employee training enhances a company's future
financial performance. Let’s take a look
at the research:
- An increase of $680 in a company's training
expenditures per employee generates, on average,
a 6 percent improvement in total shareholder
return.
- Based on the training investments of 575
companies during a three-year period, researchers
found that firms investing the most in training
and development yielded a 36.9 percent total
shareholder return as compared with the 25.5
percent weighted return for the S&P 500
index for the same period. That is a 45 percent
higher return than the market average.
- Firms that invest $1,500 per employee in
training compared with those that spend $125
experience an average of 24 percent higher gross
profit margins and 218 percent higher revenue
per employee.
The statistics above are hard to ignore!
Training Benefits.
By training employees on the right areas, companies
can reap many benefits. Below are just a handful
of examples of what benefits come from training.
- Better-quality performance due to improved
skills set.
- Sharpens a company's competitive edge.
- Increases worker productivity - just a 2
percent increase in productivity has been shown
to net a 100 percent return on investment in
training.
- Saves supervisory and administrative time
and costs – the less time and money you
have to spend on monitoring and guiding employees,
the more you have available for other, more
strategic activities.
- Improves customer satisfaction – better-quality
work means better-quality products and services
resulting in happier, more loyal customers.
- Strengthens employee satisfaction and retention.
Many people assume that once employees are trained,
they are more likely to leave the company for
greener pastures. However, the opposite is true.
Trained employees are happier and more likely
to stay put. Their self-esteem improves, which
in turn improves their morale in the workplace
and their loyalty to their employer.
Productivity
Pointer -- Insert A Drop Cap
1. First, highlight
the character that you want to turn into
a Drop Cap in Microsoft
Word
2.
Choose Format > Drop Cap
3. In the Dialog
box you can choose the:
- Position:
Dropped (the text wraps around the letter),
or In Margin (the text moves to the
right side of the letter)
- Font
(try choosing a decorative, fancy font)
- Number
of Lines to drop (the default
is three; adding more lines makes the
capital letter larger)
- Distance
from text (the default is “0,”
-- adding tenths of an inch moves all
the text farther away from the letter
itself)
4. Click OK
to apply the Drop Cap
TIP:
When a Drop Cap is created, Word puts it
into a text box. You can then format the
Drop Cap as you would in a regular text
box: move, resize, color, border or background
color. Countless visually appealing possibilities
exist!
|
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| "Success
is where preparation and opportunity meet."
~ Bobby Unser |
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