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State Employees� Credit Union

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State Employees� Credit Union
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State Employees’ Credit

Union

Teller Training Evaluations and Recommendations

By:

Cherie Fontanilla

Paige Mauney

Emily Moss

Travis Orr



11/19/2009

Table of Contents



Introduction ..................................................................................................................................... 3



How does training relate to the company goals? ............................................................................ 4



How consistent is SECU’s training function with other HR sub functions? .................................. 5



Evaluation of Training .................................................................................................................... 8



Strengths ......................................................................................................................................... 9



Weaknesses ................................................................................................................................... 12



Recommendations ......................................................................................................................... 14



Works Cited .................................................................................................................................. 18







`

Introduction



State Employees’ Credit Union (SECU), a member-owned non-profit cooperative,



prides itself on being the second largest credit union in the nation. When SECU began in



1937, it had only seventeen members and $437 in assets. Since then, SECU has



experienced tremendous growth in membership. Along with the basic products and



services that a financial institution offers, which include processing demand deposits and



cash withdrawals, SECU also provides distinctive products and services such as salary



advance loans, mortgage options, youth accounts, summer cash accounts, and holiday



accounts (2009). What, then, makes SECU such a successful company? SECU



employees are able to build and maintain trust with their members because of extensive



and on-going training, and the fruits of their labor are evident. In other words, they train



to retain.



For SECU’s 1.5 million memberships with $16 billion in assets as of 2008, there



are 218 branches, 980 ATMs, two call centers, and a website to accommodate member



needs (2009). Members conduct their daily transactions at these branches, so the tellers



must be the face of the organization. This paper evaluates teller training, how it aligns



with organizational goals, the training program’s consistency with other HR sub



functions, and how the training programs are evaluated. Based on our review of these



evaluations strengths and weaknesses have been identified and recommendations have



been provided. Tellers create and uphold SECU’s respectable image and it is essential



that they make a lasting impression on the member. Upon conducting considerable



research on the teller position at SECU, it is evident that training is the foundation for the



success of the organization.

How does training relate to the company goals?



The goal of the credit union is: “People Helping People in North Carolina”



(2009). The Credit Union is able to achieve this goal by: “Promoting thrift among its



members by affording them an opportunity to accumulate their savings, create for them a



source of credit at a fair and reasonably rate of interest, and provide for its members an



opportunity to use and control their money to improve their economic and social



condition” (2009). SECU employee training programs reinforce the company’s goals



because they are essential for the success of the credit union. Both classroom and one-on-



one workplace settings are used in employee training at the SECU. The Credit Union



tellers are trained to interact on a personal level with members to ensure they are happy



with the services they received. Also tellers are trained to ensure they have the experience



necessary to protect the member’s assets and assist with any transactions the member



requests.



The more members and assets the credit union has the more discounts and returns



they can provide for their members. The credit union strives to have properly trained



individuals to ensure customer satisfaction and security of assets to ensure a growing



membership base to be able to provide the maximum rewards for SECU membership. If



tellers are trained properly they can advise members on how to handle their money to



promote thrift and accumulate savings, while offering them fair interest rates, and



providing opportunities to control their money. SECU tellers are given “tips of the day”



such as: smile and approach members with a positive response, ask questions and learn



something new each day, do a good deed daily, don’t let speed replace accuracy, and

don’t allow errors or mistakes to have an effect on you (SECU Teller Training Manual,



2009). Working and training at the SECU is an ongoing process that never stops. For



example, the tip of the day, “Ask questions and learn something new each day” states:



“with all the resources at your disposal (SECU library, online, your mentor at your



branch and other employees) it won’t be hard to find an answer to any questions you



have. Make it a point to learn something new, don’t hesitate to ask questions. No question



is too stupid to ask. With all the changes being lined up for the future, it’s important that



the faces of the credit union are well informed” (SECU Teller training manual, 2009).



This reinforces teller training to assert yourself in the workplace and to take advantage of



the resources you have to improve your knowledge, skills, and abilities to benefit the



SECU and its members. Tellers feel empowered through their training and the tips given



to help members with their financial needs because it reinforces the company’s mission



of “People helping People.”





How consistent is SECU’s training function with other HR sub functions?



State Employees Credit Union training sector stays consistent with other functions



of HR by offering performance appraisals (evaluations by the employer and employee) to



assess each employee’s progress and any further training needed. SECU offers increased



compensation for passing training tests. The training function within SECU is also



consistent with recruitment and selection in which they have an extensive training



program for newly selected tellers.



The performance management appraisal form to be completed by the employee



requires him or her to describe any training or education they have received since their



last evaluation. This helps the employer to assess the previous training as well as see any

further needs for training. The form also requires the employee to state their strengths



related to their duties and responsibilities. This is helpful to the employee because they



become aware of their strengths and hopefully continue to be aware and strive in those



areas. They are asked to identify areas of improvement to enhance their effectiveness



which helps the employer assess the needs for training. The employer asks them about



any changes they would like to see take place and suggestions or recommendations for



those changes. This area of the evaluation is important in regards to training because



they get all of the tellers input and can go from there in determining what types of



training or changes need to be made within the organization. The last few questions have



the employee explain their short- term or long-term career goals, and any goals they have



achieved since the last evaluation. This is a good assessment on how the employee is



performing pertaining to his or her goals and the ways he or she personally is achieving



those goals as well as the organization contributing to those goals. These contributions



could be through training the tellers by equipping them with more knowledge and skills



to be able to perform more effectively. Each of the questions in the performance



evaluation appraisal is very helpful in relation to training the tellers (performance



appraisal form).



Compensation has an important role in training tellers as well. According to



Katie Nelson, a current SECU employee, “SECU has a module training program to keep



the employees up to date with the company’s services/products and each module they



pass they receive a raise.” These modules are tests consisting of questions regarding the



company’s processes, duties, and services (Teller Training Workbook). Each employee



studies and trains to pass the modules, to receive a raise, which is their incentive to train.

Katie Nelson, an employee with SECU, stated “Trust me, I don’t enjoy studying and



taking the test, but I love the money and it makes me better at my job!” SECU has a



great program set up for training tellers by offering an incentive in compensation.



Once SECU has conducted interviews and compared applications and interviews



among the potential candidates, they select the best candidates based upon the need to fill



positions within their branch. Once the candidates have been chosen, they go through a



three week training process. This process requires the employees to take a test everyday



during the three week period and they must score a 90 or above. At the end of the three



week period, the manager fills out a progress report for each new employee and, “this



report evaluates the week’s performance in class, test scores, attendance and tardiness,



appearance and coherence with dress code, and overall improvement” (Susan Perdue,



personal communication, September 3, 2009). Once each employee is evaluated on these



areas, they are required to take a written test that includes all of the information included



in training and they must score a 90 or above. Once each employee has successfully



completed this part of training, they move on to the mentoring part of the training



program. During this part of the program, they receive a personal mentor for the first



week to answer any questions they may have. Then the next two weeks, they share



mentors with the other new tellers. The tellers are then evaluated by the mentors in



regards to their overall training, knowledge, and respect to members. Then it is



ultimately the decision of the Vice President of the branch to make a decision for them to



be released to begin work at their branch (Susan Perdue, personal communication,



September 3, 2009).

Evaluation of Training



The completion of training is not important if there are not expectations and goals



set by the organization to evaluate the training’s effectiveness. SECU sets strict



guidelines that are followed throughout their training programs, and before each new



training session, they review all training concepts to make sure they are still relevant



(Brandy Kuzenski, personal communication, September 15, 2009). SECU’s evaluation



of training occurs through summative evaluation by looking at test scores, progress



reports, attendance, coherence with a dress code, trainees’ overall improvement, and



mentor evaluation.



Summative evaluation looks at the extent by which trainees have changed due to



training. Specifically, have trainees acquired the knowledge, skills, attitudes, and



behaviors that were identified in the training objectives. Also, is the information that the



trainee learned being used properly on the job (Noe, 2008, p. 177).



SECU uses a series of tests to determine if the knowledge and skills need to



perform are being acquired in training. Susan Perdue, a SECU employee, stated,



“Everyday in the first three weeks of training there were tests. You were required to



score a 90 or above on all tests.” At the end of the first few weeks of training, a written



exam is administered that tests applicants’ knowledge of all the information covered in



training. A score of 90 or above is required on this test to move on to mentor guided



training (Susan Perdue, personal communication, September 3, 2009).



During the mentor guided training, each trainee is evaluated by a mentor who sits



with them and watches, listens, and verifies the trainee’s work. The mentor is able to



determine if the attitudes, behaviors, and performance needed are obtained through

training. If the trainee knows their job tasks they are then considered to be on their own.



Tellers are subject to have their calls listened in on or their job performance watched.



These random checks are evaluated and then each trainee meets with their mentor to



discuss their performance. For example, if all tasks are being followed correctly then the



meeting will discuss additional tasks or options the trainee could have taken. For the first



two years of employment, each employee meets twice a year for these evaluations (Katie



Nelson, personal communication, September 7, 2009).



The Vice President has ultimate say in determining if training was effective



(Susan Perdue, personal communication, September 3, 2009). If test scores, attendance,



the percentage of overall improvement, and the percentage of applicants that are coherent



with the dress code meet the set standards from the training objectives, then the



summative evaluation proves that training is effective.





Strengths



Over the years, SECU has tweaked their training programs to be more beneficial



for their tellers and the company. They have succeeded in doing so by having an on-the-



job method of training, by providing mentors for trainees, by having on-going training,



and by setting high standards for training tests.



On-the-job training (OJT) lets trainees observe peers and managers perform their



jobs, and allows the trainee to imitate the behaviors they have seen (Noe, 2008, p. 213).



There are many strengths and advantages to using OJT. OJT allows training to be



customized to the experiences and abilities of the trainees, and it allows for immediate



application to the trainees’ future job because the training occurs on the job using actual



tools and equipment (Noe, 2008, p. 213). OJT is beneficial because the training is highly

reality-based and practical. OJT also helps employees establish important relationships



with their supervisors and/or mentor (2002). Kasey Hatcher and Kim Reeves both said



that OJT was the most beneficial part of their training (personal communications, August



30, 2009 & September 9, 2009). Also, there is the benefit that the trainer and trainee are



able to perform work while training at the same time, so there a smaller loss in



productivity. Skills learned during OJT are more easily transferred to the job and this



type of training needs less investment time or money for materials, trainers’ salaries, or



instructional design (Noe, 2008, p. 213).



Having provided mentors proves to be another strength during the training



process of SECU. Mentors are experienced, productive senior employees that help



develop new and entry-level tellers (Noe, 2008, p. 303). Jeremy Johnson, a SECU



employee, said, “I believe the most beneficial part of training for me was the experience



of working with a senior teller who was able to give me advice and help resolve any



problems” (personal communication, September 14, 2009). Mentors are advantageous



because they allow the participants in training to know what is expected of them, and



they provide trainees with career and psychosocial support. Mentors are able to help



develop the new employee and at the same time develop their own interpersonal skills



and self-esteem (Noe, 2008, p. 305). Mentor training programs are used to socialize



trainees and they increase the likelihood of skill transfer from training to the work setting.



Also, mentoring provides not only a source of coaching during training, but also support



for employees in the months following their hiring (Noe, 2008, p. 306). Johnson



reinforces this point when he said, “After training, I felt like I was prepared to handle



normal day-to-day transactions that occurred and I knew I had a supportive environment

if I had questions” (personal communication, September 14, 2009). Mentoring also helps



the trainee get information regarding the company’s culture and organizational structure



and provides the trainee with immediate feedback (2002). By using mentors during



training, expectations are understood, skills are transferred more easily, support is



provided for trainees, mentors further develop themselves, and a continuous support



system is developed.



Having on-going training is another strength in SECU’s training process. “The



value of continuous learning translates into personal and professional growth



opportunities including a commitment to self-development, coaching, learning solutions



and training, management training, a vibrant internal job market, and performance



management” (Noe, 2008, p. 47). Continuous learning provides tellers with the



opportunity to further develop themselves. Perdue emphasized that training never stops



at SECU and because of this, tellers are fully equipped for their jobs (personal



communication, September 3, 2009). A continuous learning environment provides a



greater sense of belonging throughout the company (2006).



In 2002, President Bush said, “…if you have low standards, you’re going to get



low results. If you set the bar low, that’s exactly what you’re going to get” (2008).



SECU realizes the importance of this statement and excels at not setting the bar low, but



at setting high standards for their trainees and tellers. Upfront, trainees realize the



importance of successful performance through the implementation of having to score



90% or better on training tests (Susan Perdue, personal communication, September 3,



2009). This is a strength because this process ensures that tellers are very competent of



the information they are provided during training. These high standards allow only the

best trainees to filter through the training system and into the workforce (2008). Susan



Martin, who is responsible for contacting tellers’ supervisors a few months after training,



said that the trainees that score at least 90% on their assessments perform above their



supervisors’ expectations of job performance (personal communication, September 15,



2009). By having the 90% passing rate, trainees realize the level of importance of the



information they are learning and the quality of tellers SECU are seeking. This is a win-



win situation for the tellers and the company because tellers are forced to learn all



material necessary for the job and the company gets the most competent tellers.





Weaknesses



Although the SECU has implemented many successful and beneficial training



programs in the past they have also displayed a few training weaknesses. Some of these



training weaknesses are not having uniform training time frames, not training



immediately when hired, training time is not being used wisely, and there is inconsistent



mentoring during on-the-job training. The information presented is from interviewing



seven different employees from three different SECU locations around the greater



Raleigh area.



Tellers are at a disadvantage when their training time frames are not uniform



across the company. During the course of several employee interviews conducted it was



discovered that each employee went through a different length of training with varying



content. Kasey Hatcher went through a four week training program which consisted of



two weeks in a classroom and two weeks of on the job training (personal



communication). Kasey’s training in the class room went over procedural tasks and rules



to follow. She was tested on these regularly where she had to pass with 90%. Her

training then shifted to on-the-job training where she shadowed a senior teller (personal



communication). However, Crystal only underwent three days of training where SECU



history, goals, and benefits were discussed (personal communication). A certain degree



of reliability and consistency is needed across the SECU’s training programs to ensure all



tellers are getting the same knowledge, skills, and abilities taught to them.



Also, we encountered an employee who went through training two and a half



months after being hired. Kasey Hatcher stated, “I actually had my classroom training



about two and half months after I began employment. It would have been more



beneficial to me if I could have had this training earlier. The class went over basic



procedures that would have been very helpful to know before I was put out on my own”



(personal communication, September 9, 2009). Kasey’s productivity could suffer as a



result of being placed in a job without training. According to a recent study of more than



3,100 U.S. workplaces, the National Center on the Educational Quality of the Workforce



(EQW) found that on average, a 10 percent increase in workforce education level led to



an 8.6 percent gain in total productivity (Smith). Also, other tellers' productivity could be



affected because Kasey would have to interrupt other tellers to ask questions. All tellers



need to be on the same training schedule to be more efficient.



Furthermore, tellers reported that classroom training included non-beneficial



information being taught. The SECU needs to develop or revise their current training



program design to eliminate information that is not useful to employee’s jobs. With the



creation or revision of the training programs new objectives and lessons need to be



carefully laid out that explain the desired behaviors, knowledge, skills, and abilities



needed to perform the job.

SECU employee, Kim Reeves, also reported inconsistencies in their mentors.



Kim reported that she had two different mentors during her training and it was very



confusing (personal communication, September 9, 2009). Kim explained that both



mentors had different opinions and styles of how tasks and duties should be performed



and she struggled with learning and switching between the two different methods. There



are several disadvantages to this unstructured approach of OJT. Tellers may pass on bad



habits and can lead to poorly trained tellers resulting in the use of ineffective job



techniques ultimately resulting in poor service when helping customers of the bank (Noe,



2008, p. 239). Ed Frauenheim, of Workforce.com, states: “Corporations are ramping up



formal programs that pair seasoned managers with up-and-comers, experts in the field



say. Such programs are among the tools companies are using as they strengthen



succession-planning efforts and transform them into broader talent development



programs (Frauenheim, 2006).” There mentoring programs have great potential if



implemented correctly because it ultimately helps retain tellers by establishing a strong



connection with employees. Studies show that employees’ sense of connection to the



organization makes them more likely to stay at the organization (Foong, 2009)





Recommendations



In order to combat SECU’s weaknesses, several recommendations were



developed to strengthen the organization’s teller training program. These include



implementing a uniform training time, teaching only relevant information during training



and providing consistent mentors for tellers.



If SECU were to take on a uniform training time, employee productivity would



increase considering that they would learn the pertinent material during one period thus

enabling them to better retain information, as opposed to inconsistent training for two



months straight. In doing so, when it is time for tellers to work on their own, they will be



able to assist members fully and not simply help them with fragments of information.



After all, to SECU, the member comes first. Taking into consideration the tellers’



experiences from their interviews and the need to establish a standard time to train, a



practical recommendation for the company lies in a shorter training period. Uniform



training time would be cost-effective and yield the most productivity if kept short yet



sufficient, specifically in the duration of two weeks. Furthermore, along with a rise in



productivity, a span of two weeks in training would also mean reasonable costs.



According to an article developed by the Society for Human Resource Management, the



different costs that must be taken into consideration during training are development



costs (e.g., salaries and benefits of personnel, equipment), direct implementation costs



(e.g., training materials, technology costs, facilities, travel, equipment, instructor’s salary



and benefits), indirect implementation costs (e.g., overhead, general and administrative),



compensation for participants, and lost productivity or costs of “backfilling” positions



during training (2006, December 1). Cost of training is something that managers must



carefully evaluate. If training time remained uniform at two weeks as opposed to three



days or four weeks or even sporadically within a two-month period as expressed by the



interviews, costs would remain constant, and the organization would not have to engage



in unnecessary spending for loss of productivity or instructor compensation apart from



the two weeks.



The increase in productivity as well as the cost-effectiveness of a two-week



training period is what would attract managers to the recommendation. Tellers on the

other hand would most value the shorter time period. As managers who would be



implementing these recommendations, they would be required to explain to potential



tellers during interview phase that they will be required to commit to a two-week training



period.



A very important quality in training is to have a detailed, organized, and



structured plan in order to achieve the company’s goals. SECU had some problems



regarding relevant information being taught during their training sessions. Several



employees we interviewed felt they would have liked to spend less time on certain



subjects that were not as helpful to learn during training. Specifically Crystal stated the



irrelevant part of training was spent with, “too much time discussing options for



employee benefits and retirement.” A specific implementation regarding this issue would



be to evaluate which information is most important and relevant to focus on, and have the



trainer intentionally spend more time on this information during training than some of the



other information that is not as important.



Managers would respond well to this change for several different reasons. First,



they would save money and time because training would be more efficient; less time



spent on unimportant information and training would potentially be shorter. Second, they



would be well trained on the important skills, and abilities related to the job. This



training would entail more hands-on experience during training. Tellers would also



respond positively to this change because they would be learning the most important and



relevant information related to the skills and abilities needed to perform the job.



The mentoring section of training is a very beneficial and practical attribute of



SECU’s training program. As mentioned earlier a weakness that was encountered by the

tellers was inconsistency with the mentors. What SECU can specifically do in order to



strengthen this section of training would be to provide each employee with their personal



mentor to be the same throughout the entire length of training. In addition to this change,



each employee would also receive direct training by their mentor daily for two weeks,



then periodically throughout the two months following the training.



The response to this change from managers may initially be negative because this



would cut down on production. The mentors would be training the new tellers for a



longer period and not be able to return to their specified jobs until the mentor process was



done. On the other side, the tellers would be better trained for their new position and



would be more confident. Overall, it appears that these changes would be positive for the



company as a whole; managers, tellers, other employees, and members.

Works Cited

(2002). Job training methods. Retrieved from



http://www.essortment.com/all/jobstraining_rshn.htm



(2006). Case study on training and development: API Raffinera di Ancona Spa, Italy.



Retrieved from



http://www.eurofound.europa.eu/areas/populationandsociety/cases/it001.htm



(2008). Maintaining high standards. Retrieved from



http://www.salesteamtools.com/archives/maintaining-high-standards/



(2009). Credit union access. Retrieved from



http://creditunionaccess.com/top50creditunions.htm



(2009). State employees credit union. Retrieved from http://www.ncsecu.org



Foong, K. (2009). Mentoring: More Critical Than You Think. Training Mag,



Retrieved from www.trainingmag.com



Frauenheim, E. (2006). Mentoring Matter. Workforce Management, Retrieved



from www.workforce.com



Noe, R. A. (2008). Employee training and development. New York, NY: Mcgraw-



Hill/Irwin.



Smith, G. (n.d.). Training and Development Leads to Higher Productivity and



Retention. Business Know-How, Retrieved from



http://www.businessknowhow.com/manage/higherprod.htm



State Employees Credit Union. (2009). Teller training manual 2009 [Workbook].



State Employees Credit Union. (2009). Employee evaluation form 2009 [Document].


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