Managers Induction

Question 1: why an effective induction program is crucial to a business success?

An induction program should be the starting point for any new employee for many reasons but one stands out it is the fact that a good induction program will inform the new employee of his or her duties who they answer to and what they should do if an event of x,y and z occurs. When the employee receives the correct induction program he or she is able to contribute 100% of their ability straight away simply due to them receiving the correct direction at the beginning they also see that their company cares about them creating a positive psychological situation for them to have a passion and drive to push the business forward.  When creating an effective induction program, it is important that it is specially tailored to the individual as creating a generic template will not work as individual character and needs vastly vary.  

Question 2: Identify and explain the key elements to be included in an induction and orientation policy. Please use the position from your Assessment 2. (half page)

2. A key element that must be found in the orientation and induction policy is an application segment in which it tells the reader who the induction and orientation policy is applied too. Goldman Sachs induction and orientation policy applies to all existing employees, new employees, and temporary employees. (STAFF ORIENTATION POLICY, 2016) Another key factor of the policy document is station a purpose for the document, in this case the purpose is providing guidelines and a framework for orientation and induction for its employees. Legislatives are also a big factor of the induction and orientation policy as the company must follow its country and state legislatives. Goldman will have to implement legislatives such as Privacy information act, Anti-Discrimination, work health and safety acts and many more in order to be able to conduct its business in Australia legally. (Business.qld.gov.au, 2016). Goldman Sachs also implements a section in which evaluates what exactly the requirements will be when completing the training and orientation program, the section also tells us who will be responsible for the new employees induction and who will be monitoring the new employee during their induction stage. A schedule of the induction program should be found in the policy highlighting key areas of the induction will be evaluated such as Work health and safety aspects, key job materials such as passcodes and log in details, Details about the building you will be working in, a code of conduct and showing the new employee emergency procedures. An orientation and induction policy must furthermore have a section named definitions which gives explanations and definitions to various things in the policy (iBusiness, 2016).   In Goldman Sachs induction and orientation policies various explanations were given to items such as what it means to do mandatory training and the definitions to different induction programs.

Question 3: Prepare your overall induction program checklist identifying the timeframes for completion of up to 3 months.

• Prior towards the new employee starting work
• Informed the new employee of their new positions duties and the legislations that apply to them
• Informed employee on start dates and key items to bring on the day
• Organized employee IT Access and organized employee card details
• Received a copy of a tax file number and bank account details, along with a signed completed superannuation form
• A form of the employees emergency details
• Copies of new employee’s identification details – Passport, Driver licences.

On the first Day

• Show employee the working premises such as working station, toilets, lunch area.
• Show employee emergency exits and emergency items such as fire extinguisher and blanket
• Introduce employee to working team members
• Show employee to his workstation and ensure they are comfortable
• If necessary show employee where to find computer applications.
• Discussed with employee about how payments and salary is paid (times and how much)
• Complete a workplace health and safety induction

During their probation period (3 months)

• Monitoring the employees performance and giving them the necessary needs to succeed
• Ensuring the employees work to the full standard of Goldman Sachs
• Ensuring employee upholds the values and beliefs of Goldman Sachs
• Confirmed with the employee that they can perform their duties to the at most profession
• Monitored employees ability to handle stressful situations

Question 4: Create a review questionnaire for the respective staff involved in the induction process.

HR:

1. Do you think the induction process was adequate for the individuals undertaking the process?  
2. What improvements could me make to the induction process to help the individuals more?
3. What parameters do you think should be set to filter out the potential candidates?
4. How do you think the candidates viewed the induction program?

Senior Management:

1. What do you think can be added to the induction process to better equip the candidate for the job?
2. Do you have any thoughts on how to improve HR if needed?
3. Do you think senor management could improve in some way to help the new candidates if so how?
4. How do you think this induction programs equips candidates to succeed?

Traders:

Do you think the induction process has enough to correctly equip the candidate for the job?

1. Do you think anything needs to be added to the induction process to improve the quality of it if so what would you add?
2. What have your experiences been like with the candidates that have undertaken the induction do you think it well equip them for the job?
3. What do you think fellow traders can do to better the candidates transition into the work place?

5.0 References

Acton Early Childhood Centre STAFF ORIENTATION POLICY. (2016). 1st ed. [ebook] Available at: http://www.aecc.org.au/files/AECC_StaffOrientationPolicy.pdf [Accessed 2 Nov. 2016].

Business.qld.gov.au. (2016). Home | Queensland Government. [online] Available at: https://www.business.qld.gov.au/ [Accessed 2 Nov. 2016].

HRdictionary. (2016). Induction and Orientation. [online] Available at: https://hrdictionaryblog.com/2013/01/22/induction-and-orientation/ [Accessed 2 Nov. 2016].