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Scenario 5.1: Is Training Worthwhile?
Co-op Credit is a large credit union in Manitoba.Its training program is one that develops financial service representatives.The training consists of several modules,and each is evaluated upon completion.In-house and classroom-based modules teach content,such as computer literacy,cash duties,and introduction to the credit union's products and services,and progresses through to more advanced training,such as consumer lending practices,estates,and minimal mortgage lending.Each three- to five-day module is followed by a work period of three to 12 months,so that employees can apply their knowledge.Training is measured by having participants complete a satisfaction survey at the end of the classroom training,writing exams,and having managers conduct performance reviews on the job-specific competencies that were learned during the training sessions.Co-op Credit union provides development resource kits,which include career assessments,training courses,seminars,books and work opportunities to all their employees.They provide leadership development training and mentoring to their managers.Coop Credit has increased their attention on talent management as a way to attract and retain top talent.
-Please refer to Scenario 5.1.Which training evaluation method is NOT being used at Co-op Credit Unions?
Random Sampling
A technique for selecting a sample from a population in a way that every individual has an equal chance of being chosen.
Random Assignment
A method used in experiments to place participants into different groups in a way that every individual has an equal chance of being assigned to any group, ensuring the fairness and validity of the research.
Correlational Studies
Research methods that examine the relationship between variables without determining cause and effect.
Noise Levels
The intensity of sounds in a particular environment, measured in decibels.
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