Are you ready for EOFY?

EOFY is closer than you think. Are you ready?

It may seem a little early to be talking about End of Financial Year, but the first quarter is nearly over and it feels like we’re only just recovering from Christmas. In many countries, this means you have about twelve weeks until the financial year ends and you will be reviewing your EOFY achievements and setting goals for the 2017–18 financial year.

So, how did you perform? How did your department perform? How could you have done better, and what goals do you have in place for the 2017–18 financial year?

What is impacting your bottom line?

In evaluating your financial goals, consider this: staff turnover has a significant impact on your bottom line. It can cost as much as 35% of the company’s salary allotment for a particular position. Conversely, hiring top performers and retaining them over time significantly brings down this cost while boosting performance. As a result, hiring the most qualified personnel directly affects the company’s overall performance.

Hiring good people pays dividends; bad hiring decisions cost money. The number one goal for every employer is to find the right employee for every position. However, each position requires different skills sets, personal characteristics, and abilities. Selecting, retaining, and motivating employees is hard work even for companies with well-staffed HR departments.

How can we help?

Job-fit tests help companies reduce their staff turnover by 50% on average. Just having the right person in the various roles that you manage can steer you well on your way to achieving your goals for the financial year ahead. Assess to Succeed offers HR solutions that are effective, flexible and affordable.

We specialise in helping you to make better decisions with your staff selection and development. You can apply our psychometric assessments and eLearning programs as part of the selection process for job interviews, job matching, as coaching tools, and for succession planning.

Our assessments can be used at any level in any organisation. We believe that assessments should be readable without special skills or interpretation, and that the learning component must fit the discovered needs.

One of the main factors preventing people from using psychometric assessment or e-learning tools is the perception of cost or value. Our mission is to place these tools in the hands of many at an affordable cost while delivering superior value. Let us do the hard lifting for you.

Contact us today to get the ball rolling, and make the 2017–18 financial year your best year ever.