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Frequently	
  Asked	
  Ques0ons	
  
Growing your Global
Business and
International
Workforce with
Language Training
April 17th, 2018
2:00pm ET
Jack Marmorstein
Principal, Product and Sales Strategy
Rosetta Stone
q  20 years at Rosetta
stone in product
development and
strategy
q  10 years experience
working with corporate
and education clients
q  7 patents and two
Masters degrees
Rob Fershtman
Global Business Development &
Channel Manager - Global LT
Today’s Speakers
q  23 years of
corporate
business
development
q  Gavel Award
Winner –
Michigan
Society of
Association
Executives
(MSAE)
q  Developer of
ROI models
for clientele
q  RBS- Citizens
World-Class
Commercial
Banker Award
7
Webinar Agenda
Corporate Learning in a Today’s World Means…
Part
1
Serving an Expanding Global Footprint
Serving a Multilingual Workforce
Part
2
q  Expanding through Mergers & Acquisitions
q  Expanding Customer base and business
opportunities
q  Expat assignments and International
employees
q  Productivity
q  Engagement
q  Retention
Serving an Expanding Global Footprint
Expanding through Mergers and
Acquisitions
q  More than 200 Markets
q  More than 148 million
accounts
q  Facilitates a variety of financial
transactions in 26 currencies
9
Global Language Learning Program at PayPal
10
What our Clients are saying
Expanding operations and
influence globally
requires a workforce that
can communicate
effectively in multiple
languages.
11
Meeting Learners Where They Are
Knowing how to speak better English was a goal of mine before I
came to the United States. I have been here over a year and it is
still a goal of mine. I have been speaking English for a long time,
but I lacked the confidence I needed to present ideas or give
updates in meetings.
~ Software Architect
San Jose, CA
12
Meeting Learners Where They Are
Being in an HR role, relationships are key. After several
conversations with employees in Paris, I realized that learning
French would allow me a level of connection I feel is necessary
to be a trusted partner and effective in my role.
~ Human Resources Business Partner
Dublin, Ireland
Serving an Expanding Global Footprint
Expanding Business Opportunities
Expanding to new Markets
14
In the next
few years, roughly
70%of world growth will
come from emerging
markets
40%of that growth will
come from China
and India
By 2025, annual consumption in
emerging markets is projected to hit
$30 trillion.
Serving an Expanding Global Footprint
Expat Assignments and International
Employees
17
Why the gap? Here is a survey about
success traits of Global Leaders
Adapting Socially
Demonstrating
Creativity
Even Disposition
Respecting Beliefs
Instilling Trust Navigating Ambiguity
18
As many as two in five managers are said to fail in their
overseas assignments, according to a survey on global
leadership trends.
•  A worldwide average of just 58% of such transfers were
judged to be successful by their organizations with little
variation across regions. That means a 42%of management
global assignees are unsuccessful !
•  What type of preparation do you provide to managers
before a transfer outside their home country?
Language training – Only 25%
Overview of cultural differences – Only 25%
Retention and ROI for large expenditure
Global Mobility Assignees.
19
*BGRS - 2015 Global Mobility Trends Survey & BGRS
Pulse Survey: Analyzing Assignee Attrition and
Retention
Retention and ROI for large expenditure
Global Mobility Assignees.
	
  “In almost all cases, when an
international assignee leaves
a company, it represents a
loss. Not purely in terms of
the money invested in the
actual cost of the assignment
itself, which can be
significant, but also in terms
of the talent and development
investment made in that
employee.”
Average global assignee hard dollar costs
$350,000 - $1,000,000
How much is just 1 failure costing?
II. Serving a Multilingual Workforce
Productivity
Rosetta Stone 2017 Impact Study
22
The Impact of Language Barriers
Serving a Multilingual Workforce
Employee Engagement
24
25
26
q  More than 6400 properties
q  More than 126 countries
q  More than 30,000 employees
have used the program
Language Learning Goals:
q  Connect with Guests
q  Collaboration among
Associates
q  Support Professional Growth
27
Client Spotlight: Marriott
§  Investing in our associates pays dividends to their families,
communities, and our workplace
§  Building a more inclusive workplace benefits the business
§  Opens new and exciting markets and helps make
connections genuine
§  Builds skills and confidence in our associates
	
  
Company-Sponsored Learning
Marriott’s Investment
§  Continues to be very popular
§  Builds a skill critical to making
connections that count
§  Global solution for a global company
§  Tracking and success stories
	
  
	
  
Cost-effective Learning Solutions
30
“I was drawn to joining the Marriott team because I knew they
really valued their employees when I heard they offered
language training as a benefit. When looking for a new job, I
always assess benefit packages as they give great insight on
company culture. To see Marriott offering its employees Rosetta
Stone was a major selling point for me . A lot of companies just
want you to succeed, but Marriott actually provides the tools
needed for success both professionally and personally.”
~ Marriott Employee
Serving a Multilingual Workforce
Retention
32
Why is retention of LEP’s important?
33
34
35
Employee Retention at Panda Restaurant Group
In industries such as foodservice, employee turnover
is extremely high. Language learning drives
collaboration and helps employees develop their
careers, keeping them engaged.
One of our clients, Panda
Restaurant Group, was able to
reduce employee turnover by
19% using Rosetta Stone.
They were able to measure this because they
defined KPIs and goals up front with their
implementation manager, and they centralized
the program and had visibility into each
employee’s progress.
Serving a Multilingual Workforce
Retention: Calculating ROI
37
•  4 employees to fully staff one position prior to the program.
•  86% of the learners still retained 3 months post program.
•  225% ROI for this program
•  Using just English as the lingua franca, The possibilities of a labor
force pipeline by way of diversity and inclusion is now realized
Measuring Return on Investment for the
Limited English Proficient Workforce
38
Build the measuring tool
BEFORE you begin
What does our current problem look like. The is the BEFORE snap shot.
This is the Problem Worth Solving!
As agreed by all stakeholders – the Yellow represents numbers with variability.
These are adjusted here and pass through the calculator.
39
Build the measuring tool
BEFORE you begin
This is the calculation engine. This shows results from actual data taken every week
from Day 0 – through conclusion.
Build this pre-program and have all stakeholders agree to the formulation.
If it needs to change, just have 100% agreement on changes. Memorialize any
changes in formulation.
40
Build the measuring tool
BEFORE you begin
Begin: Which key areas will we measure. Must have real dollar
outcomes as a by-product of the training:
How do we retain employees. Is English
enough to keep our LEP population in place?
Other than what we are paying for training,
are their other losses or gains created by
conducting this program?
All stakeholders agree to what we are
tracking, adding and subtracting?
Agreement between all stakeholders
that the measuring tool has
accurately balanced
41
•  4 employees to fully staff one position prior to the program.
•  86% of the learners still retained 3 months post program.
•  225% ROI for this program
•  Using just English as the lingua franca, The possibilities of a labor
force pipeline by way of diversity and inclusion is now realized
Measuring Return on Investment for the
Limited English Proficient Workforce
•  As companies expand and adapt to the global economy,
language learning is increasingly central to success
•  There are new opportunities for L & D to serve employees
and align to strategic priorities
•  Rosetta Stone can offer insight into how L & D teams are
succeeding in these new environments and how our
solutions meet a wide variety of global needs
42
Conclusion
Q&A
To set up a consultation,
contact
business@rosettastone.com
#CLOwebinar
	
  
	
  
	
  	
  
Register for the next webinar!
How will the Fourth Industrial Revolution
impact HR & Learning & Development in
the future?
Wednesday, July 12, 2017
Webinars start at 2 p.m. Eastern / 11 a.m. Pacific
Register for all upcoming Chief Learning Officer Webinars at
clomedia.com/webinars

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THE LANGUAGE OF EMPLOYEE RETENTION

  • 1. #CLOwebinar Sponsored By: The presentation will begin at the top of the hour. A dial in number will not be provided. Listen to today’s webinar using your computer’s speakers or headphones. Welcome to the webinar!
  • 2. #CLOwebinar         Tools You Can Use Audio Control –  A dial in number will not be provided. –  Adjust the volume on your computer or headphones
  • 3. #CLOwebinar Questions and Handouts You can submit questions by clicking on this icon here. You can download a PDF of the slide deck by clicking here.
  • 4. #CLOwebinar Sponsored By: 1. May I receive a copy of the slides? YES! Click on the handouts list located on the right portion of your screen. 2. May I review the webinar recording at a later date? YES! You may log in again using today’s link to review the presentation on-demand. 3. Is this webinar HRCI or SHRM certified? YES! The HRCI and SHRM certification codes will be sent in the same follow up email as the recording Frequently  Asked  Ques0ons  
  • 5. Growing your Global Business and International Workforce with Language Training April 17th, 2018 2:00pm ET
  • 6. Jack Marmorstein Principal, Product and Sales Strategy Rosetta Stone q  20 years at Rosetta stone in product development and strategy q  10 years experience working with corporate and education clients q  7 patents and two Masters degrees Rob Fershtman Global Business Development & Channel Manager - Global LT Today’s Speakers q  23 years of corporate business development q  Gavel Award Winner – Michigan Society of Association Executives (MSAE) q  Developer of ROI models for clientele q  RBS- Citizens World-Class Commercial Banker Award
  • 7. 7 Webinar Agenda Corporate Learning in a Today’s World Means… Part 1 Serving an Expanding Global Footprint Serving a Multilingual Workforce Part 2 q  Expanding through Mergers & Acquisitions q  Expanding Customer base and business opportunities q  Expat assignments and International employees q  Productivity q  Engagement q  Retention
  • 8. Serving an Expanding Global Footprint Expanding through Mergers and Acquisitions
  • 9. q  More than 200 Markets q  More than 148 million accounts q  Facilitates a variety of financial transactions in 26 currencies 9 Global Language Learning Program at PayPal
  • 10. 10 What our Clients are saying Expanding operations and influence globally requires a workforce that can communicate effectively in multiple languages.
  • 11. 11 Meeting Learners Where They Are Knowing how to speak better English was a goal of mine before I came to the United States. I have been here over a year and it is still a goal of mine. I have been speaking English for a long time, but I lacked the confidence I needed to present ideas or give updates in meetings. ~ Software Architect San Jose, CA
  • 12. 12 Meeting Learners Where They Are Being in an HR role, relationships are key. After several conversations with employees in Paris, I realized that learning French would allow me a level of connection I feel is necessary to be a trusted partner and effective in my role. ~ Human Resources Business Partner Dublin, Ireland
  • 13. Serving an Expanding Global Footprint Expanding Business Opportunities
  • 14. Expanding to new Markets 14 In the next few years, roughly 70%of world growth will come from emerging markets 40%of that growth will come from China and India By 2025, annual consumption in emerging markets is projected to hit $30 trillion.
  • 15.
  • 16. Serving an Expanding Global Footprint Expat Assignments and International Employees
  • 17. 17 Why the gap? Here is a survey about success traits of Global Leaders Adapting Socially Demonstrating Creativity Even Disposition Respecting Beliefs Instilling Trust Navigating Ambiguity
  • 18. 18 As many as two in five managers are said to fail in their overseas assignments, according to a survey on global leadership trends. •  A worldwide average of just 58% of such transfers were judged to be successful by their organizations with little variation across regions. That means a 42%of management global assignees are unsuccessful ! •  What type of preparation do you provide to managers before a transfer outside their home country? Language training – Only 25% Overview of cultural differences – Only 25% Retention and ROI for large expenditure Global Mobility Assignees.
  • 19. 19 *BGRS - 2015 Global Mobility Trends Survey & BGRS Pulse Survey: Analyzing Assignee Attrition and Retention Retention and ROI for large expenditure Global Mobility Assignees.  “In almost all cases, when an international assignee leaves a company, it represents a loss. Not purely in terms of the money invested in the actual cost of the assignment itself, which can be significant, but also in terms of the talent and development investment made in that employee.” Average global assignee hard dollar costs $350,000 - $1,000,000 How much is just 1 failure costing?
  • 20. II. Serving a Multilingual Workforce Productivity
  • 21. Rosetta Stone 2017 Impact Study
  • 22. 22 The Impact of Language Barriers
  • 23. Serving a Multilingual Workforce Employee Engagement
  • 24. 24
  • 25. 25
  • 26. 26
  • 27. q  More than 6400 properties q  More than 126 countries q  More than 30,000 employees have used the program Language Learning Goals: q  Connect with Guests q  Collaboration among Associates q  Support Professional Growth 27 Client Spotlight: Marriott
  • 28. §  Investing in our associates pays dividends to their families, communities, and our workplace §  Building a more inclusive workplace benefits the business §  Opens new and exciting markets and helps make connections genuine §  Builds skills and confidence in our associates   Company-Sponsored Learning Marriott’s Investment
  • 29. §  Continues to be very popular §  Builds a skill critical to making connections that count §  Global solution for a global company §  Tracking and success stories     Cost-effective Learning Solutions
  • 30. 30 “I was drawn to joining the Marriott team because I knew they really valued their employees when I heard they offered language training as a benefit. When looking for a new job, I always assess benefit packages as they give great insight on company culture. To see Marriott offering its employees Rosetta Stone was a major selling point for me . A lot of companies just want you to succeed, but Marriott actually provides the tools needed for success both professionally and personally.” ~ Marriott Employee
  • 31. Serving a Multilingual Workforce Retention
  • 32. 32 Why is retention of LEP’s important?
  • 33. 33
  • 34. 34
  • 35. 35 Employee Retention at Panda Restaurant Group In industries such as foodservice, employee turnover is extremely high. Language learning drives collaboration and helps employees develop their careers, keeping them engaged. One of our clients, Panda Restaurant Group, was able to reduce employee turnover by 19% using Rosetta Stone. They were able to measure this because they defined KPIs and goals up front with their implementation manager, and they centralized the program and had visibility into each employee’s progress.
  • 36. Serving a Multilingual Workforce Retention: Calculating ROI
  • 37. 37 •  4 employees to fully staff one position prior to the program. •  86% of the learners still retained 3 months post program. •  225% ROI for this program •  Using just English as the lingua franca, The possibilities of a labor force pipeline by way of diversity and inclusion is now realized Measuring Return on Investment for the Limited English Proficient Workforce
  • 38. 38 Build the measuring tool BEFORE you begin What does our current problem look like. The is the BEFORE snap shot. This is the Problem Worth Solving! As agreed by all stakeholders – the Yellow represents numbers with variability. These are adjusted here and pass through the calculator.
  • 39. 39 Build the measuring tool BEFORE you begin This is the calculation engine. This shows results from actual data taken every week from Day 0 – through conclusion. Build this pre-program and have all stakeholders agree to the formulation. If it needs to change, just have 100% agreement on changes. Memorialize any changes in formulation.
  • 40. 40 Build the measuring tool BEFORE you begin Begin: Which key areas will we measure. Must have real dollar outcomes as a by-product of the training: How do we retain employees. Is English enough to keep our LEP population in place? Other than what we are paying for training, are their other losses or gains created by conducting this program? All stakeholders agree to what we are tracking, adding and subtracting? Agreement between all stakeholders that the measuring tool has accurately balanced
  • 41. 41 •  4 employees to fully staff one position prior to the program. •  86% of the learners still retained 3 months post program. •  225% ROI for this program •  Using just English as the lingua franca, The possibilities of a labor force pipeline by way of diversity and inclusion is now realized Measuring Return on Investment for the Limited English Proficient Workforce
  • 42. •  As companies expand and adapt to the global economy, language learning is increasingly central to success •  There are new opportunities for L & D to serve employees and align to strategic priorities •  Rosetta Stone can offer insight into how L & D teams are succeeding in these new environments and how our solutions meet a wide variety of global needs 42 Conclusion
  • 43. Q&A
  • 44. To set up a consultation, contact business@rosettastone.com
  • 45. #CLOwebinar         Register for the next webinar! How will the Fourth Industrial Revolution impact HR & Learning & Development in the future? Wednesday, July 12, 2017 Webinars start at 2 p.m. Eastern / 11 a.m. Pacific Register for all upcoming Chief Learning Officer Webinars at clomedia.com/webinars