News
David Woods, 26 Sep 2011
Mutual insurance, retirement and investment group LV= has launched a joiners and leavers survey as part of its investment in employee engagement and talent retention.
LV= has appointed ETS, a provider of employee surveys, to create and manage the survey tool and process. LV=, which won 'most effective recruitment and retention' at the HR Excellence Awards 2011, is now looking to strengthen communication with staff throughout the employee life-cycle with a view to boosting engagement and increasing retention.
David Smith (pictured), LV= HR director, said: "We are focused on ensuring LV= is a destination employer and this survey is part of that objective. Starting a new job is daunting and it is really important to gauge the views of new starters to ensure they are given the support required to perform to their full potential. We are equally keen to get feedback from staff moving on, to use insights that could improve LV= as a company to work for."
Using the solution tool, those joining and leaving LV= will be contacted and invited to give their views. Joiners are surveyed after one week in the business, to get their first impressions, and then again after 30 to 60 days. Questions posed to new starters focus on reasons for joining LV=, the on-boarding process, engagement, training and communication.
Questions for leavers focus on areas including learning and development opportunities, work-life balance and relationship with line manager. ETS business psychologists will also provide training and support to managers at LV= to help them take relevant actions based on survey data.
1 comment on this article |
Anonymous 26 Sep 2011
I recently applied for a role with LV=. After having waited nearly 6 weeks for a response I finally decided to call and find out about the status of the vacancy. I was passed around from pillar to post and left 3 messages with 3 different people. Finally someone called back to 'apologise', however when I was told the role was given to 'someone known to us' I was very concerned about the transparency and openess of fair competition for a job widely published. In addition to this I was told my application 'slipped through the net' which concerns me too because the whole point of an applicant tracking system is to avoid people slipping through the net. Clearly in this case there has been disregard for best practice recruitment. At the very least a closing date and interview dates should have been published to manage expectations of candidates through simple communication of the timeline. The greater issue is on the selection process for the successful candidate. Many would have spent time filling out an application and will still be possibly waiting. The fact that the job was given to someone known to them highly questions the integrity of the organisation. In a time when insurance premiums are at an all time high and money is wasted on recruitment advertising this company have clearly overlooked the commercial implication. I for one would not be looking to re-apply given this experience and certainly I wouldn't be looking to do business with them either.
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