Management Res Associates Enterprises

Description

Are you doing HR Consulting? Make MRA a profit center with our Value Partner Program The Problem Steve Counts, the Senior Vice President for LTPC was responsible for all recruiting and training of sales personnel. "Our turnover rate was 91% in an industry that has an 80-90% turnover rate." It was a major cost, and also affected morale, making it difficult to make long-term plans." The hiring process included flying and housing new recruits out-of-state to attend training. After training, they were given all the necessary equipment to sell the product. All these expenses made the turnover rate financially devastating. LTPC attributed the particularly high turnover rate to four factors: It takes some time for agents to realize their financial potential in the long-term healthcare sales field. There is a significnt lag before top compensation is received. Our sales force is also spread out without direct supervision. "Sales people have a lot of free time, " said Counts, which can be a difficult adjustment if that individual's personality is not suited for an unstructured environment. The product is relatively new. Everyone who buys long term care insurance is a first time buyer, making it a more difficult product to sell. The sales people are paid on straight commission. Bringing in the Expert Steve Counts began to look for an outside firm to reduce their turnover. Steve selected Larry Sartor and his team of professionals at MRA Enterprises, Incorporated "There were several programs out there, but Larry's was the only high-quality system that allowed us to measure the results ourselves," said Steve. "Our hiring process can be as fast as 24 hours. Other programs' grading systems were outsourced, creating a bottleneck. We needed a 'quick results' process," explained Steve. LTPC was looking for a system that would do one primary thing - rule people out. they needed to identify those who had little chance to succeed before any were put through the expensive sales training. "We did not want to hire candidates, only to have them fail because we were not careful", Steve said. The first step in reaching this goal was determining what made a good candidate. MRA's Larry Sartor began by reverse engineering. MRA began profiling the most successful sales people and determining "shared" characteristics of the high-performance sales staff. Having a model of what a successful candidate "looked like" helped create a template for interviewing. Then, the recruiters were put through the MRA training program so they would know how to identify high-potential candidates. Steve Counts says,"We became better interviewers by improving follow-up interviews. We could verify MRA Profile results with second interviews and confirm the personality types," said Steve. As for the recruiters' opinion of the new system, Steve says, "They love it." They no longer have only their gut feeling from an interview and resumes. By adding the MRA profiling program to our existing selection techniques, we can really select the right type of person for the job.

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