ROLE OF EMPLOYEE ENGAGEMENT & MENTORING OF SALES PERSONNEL(part 10)

In a 2009 AIMD study, researchers discovered critical factors that can hinder or facilitate the effectiveness of the program. Whether an organization is launching a new program or modifying a mature one, the following program traits are important considerations for an organization seeking to improve employee engagement.

Recent research on the mentoring program at Sun Microsystems demonstrated that mentoring had a much higher impact on the bottom 60 percent of performers than on the top 40 percent. The greatest impact was found to be for the bottom 20 percent, leading to the conclusion that investing in the mentoring for lower performers would be a better investment for Sun Microsystems.

Results from the research within the company showed higher retention rates for both mentees (72 percent) and mentors (69 percent), when compared to the retention rates of non-participants (49 percent). (Triple Creek, 2010).

Research by Towers Perrin (2003) found that the top factor that increases engagement, are the actions demonstrated by senior management such as showing a sincere interest in employee well-being. According to the study engaged employees believed that senior leaders care about their personal and professional development, and one of the most desirable and appreciated developmental opportunities is a mentoring relationship. Surveys of Fortune 500 leaders show that 96 percent believe that mentoring enhanced their career development and opportunities.

Representative APR 391%

Let's say you want to borrow $100 for two week. Lender can charge you $15 for borrowing $100 for two weeks. You will need to return $115 to the lender at the end of 2 weeks. The cost of the $100 loan is a $15 finance charge and an annual percentage rate of 391 percent. If you decide to roll over the loan for another two weeks, lender can charge you another $15. If you roll-over the loan three times, the finance charge would climb to $60 to borrow the $100.

Implications of Non-payment: Some lenders in our network may automatically roll over your existing loan for another two weeks if you don't pay back the loan on time. Fees for renewing the loan range from lender to lender. Most of the time these fees equal the fees you paid to get the initial payday loan. We ask lenders in our network to follow legal and ethical collection practices set by industry associations and government agencies. Non-payment of a payday loan might negatively effect your credit history.

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