NSCA’s latest Market Intelligence Briefing (MIB) report, Recruit and Retain Quality Staff: Organizational Issues and Structure, is now available. It highlights how employee training, staff involvement in organizational strategic planning, and participation in staff reviews can enhance a company’s employee recruitment and retention efforts.
This latest report provides resources to assist in organizational development by comparing what other successful companies in the industry are doing to retain, develop and recruit staff. Simple processes such as the development of organizational charts, job descriptions and employee reviews, can promote the strengths of your employees, overall value and employee satisfaction.
“A good company can become great by using these strategies to find, develop and retain talented and dedicated staff,” said Jodi Montgomery, NSCA senior director of member services. “These are processes that should be consistently evaluated in order to maintain a productive and qualified workforce.”
As the economic crunch tightens and unemployment rates continue to increase, the electronic systems industry is showing signs of stability. The report shows that staff turnover in the technical/design/installation division of industry companies has slowed since 2005-2006.
In part, this stability comes from the development of a successful career path that stems from employee training. On average, only two percent of a company’s gross revenue is spent on training, with a focus of technical to business training at a ratio of 4:1.
Additionally, the recruitment of quality employees is still a concern to employers. Even though some companies will consider outsourcing or freezing salaries temporarily, hiring qualified technicians, administrative positions and managerial support is important.
Websites, word-of-mouth and local advertising are the highest rated methods. Resources such as NSCA’s Online Job Board have also become a reliable method to find qualified, experienced staff.
NSCA’s quarterly MIBs provide NSCA members with current data on key industry issues, complete with statistical results, interpretation, implications, market knowledge and implementation goals.
For more information or to view the report, visit www.nsca.org/MIB.