NonMembers: To download the complimentary study excerpt of "Benchmarking Service Representative Training Effectiveness", click on the following link: http://www.best-in-class.com/de226.htm.
Today's service representatives wear many hats -- from mediator to salesperson. Therefore, training for such a versatile group is multifaceted. Managers in companies across industries are trying to keep up with the changing training needs for this segment of staff, including more "virtual-style" training that empowers people their first day on the job.
This 38-slide presentation is a result of primary research based on a survey and in-depth interviews about topics such as using simulation technology and methods of assessing training effectiveness. It is segmented by financial services industry respondents and 'other' industry respondents.
Fifty companies across industries contributed to the aggregate data that represent metrics such as:
- Percent of Time Allocated to Training At New-Hire Period and Post-New-Hire Period
- Percent of Time Devoted to Type of Training Content and Delivery Method
- Ranking of Training Methods' Relative Effectiveness
- Training Effectiveness Self-Rating
- Time To Effectiveness
- Use of Outsourcing
- Use of Simulation Technology To Aid Training
- Types of Simulation Technology Used
- Effectiveness Measures Used
- Representative Attrition Rate
- Attrition Rate Per Effectiveness Category
- Top Effectiveness Measures Used for the 'Very Effective'
Companies also discuss what improvement opportunities exist in their training initiatives for service representatives. For example, managers' list
- Providing more experientially-oriented training
- Offering more one-on-one time with a trainer
- Using mentors more frequently
- Selecting mentors in a more targeted way
Another key finding is that over 80% of companies report that their training programs are effective on some level. Attrition rates are not viewed as appropriate measures of training program effectiveness. When reps move from the customer service/sales department to other areas of the company and carry their knowledge with them, these losses are viewed as successes.
Benchmarking Service Rep Training Effectiveness originated from a study conducted for a Research and Advisory Services Member.