Connecting Career Practitioners and Employers: Making the Case for Career Management Services - PowerPoint PPT Presentation

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Connecting Career Practitioners and Employers: Making the Case for Career Management Services

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... 000 people change jobs, after 1 year or less in any moderate sized Canadian city ... Inefficient / unclear job activities/processes. Sales and performance tracking ... – PowerPoint PPT presentation

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Title: Connecting Career Practitioners and Employers: Making the Case for Career Management Services


1
Connecting Career Practitioners and Employers
Making the Case for Career Management Services
  • Presented by
  • Deirdre Pickerell, MEd, CHRP, GCDF
  • Life Strategies Ltd.
  • Deirdre_at_lifestrategies.ca
  • www.lifestrategies.ca

2
Overview
  • The career practitioners role
  • Benefits of career management services
  • For employees and employers
  • Proving it
  • Case examples
  • Increased engagement
  • Increased productivity
  • Increased efficiency
  • Increased satisfaction
  • Career management services across the lifespan

3
Goals
  • Increased understanding of
  • Corporate career management services
  • The role(s) career practitioners can play in
    diverse sectors
  • The language of business (e.g., ROI)
  • Inspiration to offer career services across the
    lifespan
  • As a self-employed practitioner
  • As an internal CMP for a corporate employer

4
  • Career management
  • within organizations
  • helps individuals to define their own careers
  • and creates an environment
  • that allows them to grow

5
Emerging Roles for Career Practitioners
  • I would love to work in private practice
  • and work with highly motivated people
  • who actually appreciate my
  • insights and assistance
  • but who is going to pay the price?
  • There just isnt a viable market out there
  • for most career practitioners
  • Posted on BCWorkInfoNet listserv

6
Emerging Roles
The changing world of work requires that career
practitioners be both specialists and
generalists Hall and Moss (1998)
7
The Career Practitioners Role?
  • In considering corporate career management
    services
  • How many roles can you identify,
  • for the career practitioner?
  • What services can be offered?

8
  • Its a tumultuous period
  • that has many workers
  • and the organizations that employ them
  • struggling to adapt.
  • For organizations working in a
  • globally competitive marketplace,
  • the need to find new ways
  • to recruit and engage top talent
  • is becoming essential
  • Pankratz, 2005

9
Career Management at Work
  • Identifies effective employee-job connections
  • Results in the right people doing the right jobs
  • Enables strategic management of staff
  • Recruitment
  • Promotion (or demotion)
  • Termination
  • Increases employee engagement/performance
  • Supports a motivated, high-performing culture

10
Benefits for Employees
  • Career Management
  • Identifies career opportunities
  • Today and in future
  • Provides a map
  • How to get there from here
  • Provides a focus
  • Benchmarking skills
  • Personal and professional development activities
  • Lifelong learning

11
Benefits for Employers
  • Increased employee satisfaction and productivity
  • Less employee turnover
  • What is the cost to replace high performers?
  • Sometimes as high as double annual salary
  • Fewer claims for stress related illness
  • Better opportunity to recruit and retain top
    talent
  • Improve career fit with current workers
  • Dont lose qualified workers, with intellectual
    capital, because of poor career fit
  • Employee development can be aligned with
    projected organizational needs
  • Help employees prepare for future opportunities

12
Return on Investment (ROI)
  • For any project, organizations need to know ROI
  • ROI is a simple calculation used to determine
    whether a proposed investment is wise
  • What is the amount gained versus lost in relation
    to the status quo?
  • Career management isnt about selling more
    products or building more things
  • It isnt a tangible investment
  • ROI isnt easy to track

13
Training Investment Losses
  • On average, it costs approximately 25,000 to
    train someone to full productivity in a job
  • Thus, the average cost of 40 people changing jobs
    can directly and indirectly impact employers up
    to 1,000,000.00
  • Annually, more than 4,000 people change jobs,
    after 1 year or less in any moderate sized
    Canadian city
  • Direct and indirect costs could conservatively
    add up to more than 100 million, in a single
    city alone
  • Source Stats Canada as cited in Jarvis (2004)

14
Health Care Funding
  • Governments (all levels) invest over
  • 76.9 billion / yr
  • Consider the impact on physical and emotional
    health (lost work days/stress) for citizens
    spending 1/2 their conscious life in work
    environments they dislike
  • If only 1 out of every 100 people availing
    themselves of health care for potential stress
    related illness were happier and healthier in
    their work
  • 769 million annually could be saved
  • Source Stats Canada as cited in Jarvis (2004)

15
Education Funding
  • Governments (all levels) invest over 64.1
    billion
  • Primary, secondary and post-secondary
  • Almost 50 of post-secondary students drop out or
    change programs at the end of their first year
  • Almost 25 of secondary level students drop out
    of school prior to certified completion
    nationally
  • Poor recognition for school relevancy is the most
    commonly cited reason for at risk youth
  • A 1 savings through increased efficiency
  • Equates to 640 million per year
  • Source Stats Canada as cited in Jarvis (2004)

16
What Is Your ROI?
  • We all know the benefit of
  • attending this Career Practitioners
  • Conference, but
  • have you considered the potential for
  • Return On your Investment?

17
Increased Engagement
  • Striving to increase employee engagement rate
  • Currently 52
  • Target 80 by 2007/08
  • Employees currently perceive minimal opportunity
    for career future within the organization
  • Working with an external consultant to identify
    services across employee life-cycle

18
Increased Satisfaction
  • Customized in-house system, incorporating
  • Career management
  • Employee learning and development
  • Performance management
  • Succession planning
  • 80,000 budget over 4 years
  • 14 to 11 employee turnover
  • 24 increase in employee satisfaction
  • 11 million ROI
  • Source Pankratz, 2005

19
Increased Efficiency
  • Telus Communications
  • Established an in-house Career Transition Centre
    during period of significant restructuring,
    mergers, and acquisitions
  • Partnered internal HR professionals with external
    career practitioners to
  • Equip displaced managers to find positions within
    the organization or externally
  • Assist displaced managers through transitions to
    school, self-employment, or retirement

20
Increased Productivity
  • West Coast Flower Grower
  • Challenges with
  • Leadership communication styles
  • Stress and work-life balance
  • Clarification of roles
  • Who is responsible for what?
  • Inefficient / unclear job activities/processes
  • Sales and performance tracking
  • Demonstrating ROI on each product being sold

21
What Services Can Be Offered?
  • Considering the
  • knowledge, skills and competencies
  • of todays career practitioner,
  • what services can we offer
  • to todays employer/employees?
  • Consider the full worker lifespan

22
A Final Thought
  • Pan Canadian-Symposium, November 2003
  • 3 priorities were identified from 15 issues
  • A coherent strategy is needed to deliver career
    development services to individuals who need it
    when they need it
  • Career development skills for employers and the
    workplace
  • Strengthen roles for career development in
    contributing to labour force and skill shortage
    issues
  • What can you do to help?

23
Additional Resources
  • Michele Pankratz, 2005
  • Corporate Career Management Programs Emerge as
    Benefit for Both Organizations and Employees
  • Contact Point Article, in press, available at
    www.contactpoint.ca
  • Phil Jarvis, 2003
  • Career Management Skills Keys to a Great Career
    and a Great Life
  • Available at http//206.191.51.163/blueprint/compo
    nents.cfm
  • Dr. Jack Phillips, expert on HR measurement and
    evaluation
  • Return on Investment in Training and Performance
    Improvement
  • Available at www.chapters.ca

24
Additional Resources
  • William Rothwell
  • Beyond Training and Development State-of-the-Art
    Strategies for Enhancing Human Performance
  • Effective Succession Planning Ensuring
    Leadership Continuity and Building Talent from
    Within
  • What CEOs Expect from Corporate Training
    Building Workplace Learning and Performance
    Initiatives That Advance Organizational Goals
  • Books available at www.chapters.ca
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