|
Potential Legal Costs Situation:
An employee doesn't receive clear expectations and consistent feedback
from management. The employee becomes disenfranchised and files a
discrimination complaint after 18 months. Estimated Cost Impact:
$67,000-$94,000 in lost productivity,
external legal assistance (1-12 weeks), and internal management and
administrative costs assuming employee salary is $50,000. Estimate assumes
successful defense; no legal settlement included. Estimate excludes impact
on culture/environment. How the EmCentrix System Can Help: We provide tools and processes for creating job
descriptions, focus, training, evaluating performance, and providing feedback.
EmCentrix tools support the proactive evaluation of management. It helps managers become more skilled
at setting expectations and
giving feedback. Productivity Costs Situation:
An employee searches for an answer to a question that has been asked and
answered multiple times but never documented. Estimated Cost Impact:
$8,300 assuming a $33,000 a year employee who spends 10 hours per week finding and communicating answers. Estimate
excludes costs of inconsistent answers creating business, employee or
other legal problems for the company. How the EmCentrix System Can Help:
With employee self-service and knowledge database, processes can be implemented that document and
communicate practices, policies, and answers. Our tools help
evaluate and adjust processes and communications proactively, and help managers become
better and more consistent communicators. Turnover Costs Situation: A valued employee is giving notice because
He or She didn't
understand his/her role in, and importance to, the organization. Estimated Cost Impact: $35,000 in lost
productivity, administrative costs and direct advertising costs assuming a
$60,000 salaried position open for three months. Estimate excludes costs
of search firm ($10,000 - $18,000 more) and direct training expenses for
new employee. How the EmCentrix System Can Help: We provide tools including Job Analysis, Job
Descriptions and Performance Management for creating focus and role
clarity as well as providing feedback. EmCentrix has tools to facilitate
proactive identification of employee and management issues and helps
managers improve people management skills. |