Why does my organisation need ETO?

DeltaPlan Premium will increase both the effectiveness and engagement level of participating staff. This results in improved retention and productivity for the organisation, both of which ultimately boost profitability.

Improved staff retention

Retention is a key issue for many businesses, irrespective of the econcomic climate. However, the issue becomes even more pressing when demand for quality human capital significantly exceeds supply, as is currently the case in the Western Australian economy. Organisations that can differentiate themselves through innovative and effective ancilliary employment benefits will improve engagement levels of their staff, thus boosting retention.

Employees want non-financial benefits.

Organisations may have difficulty in putting a staff development / wellbeing program into practice, to the point where it delivers tangible benefits to participants. If staff believe the organisation is not ‘walking the talk’, this can have negative impacts on morale and retention.

DeltaPlan Premium is an extremely visible and effective sign to employees of the organisation’s commitment to their development and wellbeing. How does improved staff retention boost organisational profitability? The direct costs of senior staff turnover are extremely significant.

For example: 

• Stat 1
• Stat 2

However, in addition to the direct cost of recruiting replacement staff, there is a potentially larger indirect cost in the form of lost organisational productivity during the transition. For example:

• Stat - time taken to upskill a new staff member in senior management position
• Stat - turnover of other team members when a popular & effective manager departs
• Stat - morale impact of high turnover Improved retention = lower direct and indirect costs to the organisation and therefore increased profitability.

Improved staff effectiveness

There is continuing pressure on organisations to do more with less, to raise output and productivity whilst maintaining a relatively static workforce. Companies that actively develop their staff in a multi-faceted manner are likely to reap greater productivity improvements than those who simply focus on technical skills. DeltaPlan Premium boosts effectiveness of participating staff both directly and indirectly.

Direct improvements come from Expert services that upskill the employee in work related areas, such as Executive coaching and Executive Mentoring. Just as important are the indirect improvements resulting from improved physical health and mental wellbeing. These are evidenced through reduced absenteesim and higher throughput whilst at work due to improved fitness and energy levels. Further, DeltaTeam’s mental wellbeing Expert services help in reducing the incidence of burn-out as well as raising effectiveness via combating stress / anxiety / depression.

• Stat - Throughput of fit employees
• Stat - sick leave stats between overweight and healthy weight employees
• Stat - productivity loss from employee with depression

How does improved staff effectiveness boost organisational profitability? Higher effectiveness means increased producutvity. More is accomplished in a given time for a given labour cost, thus directly raising profit. There is also an indirect benefit in that effective staff are generally happier in their roles, resulting in imporved organsiational morale.

• Stat - effective / well equipped & ‘skilled up’ employees are more engaged and have higher morale

In summary, why will your organisation benefit from DeltaPlan Premium? It will help you get even more out of your key people. Increased staff effectiveness and engagement equals higher organisational profitability.