Date post: | 20-Aug-2015 |
Category: |
Recruiting & HR |
Upload: | network |
View: | 120 times |
Download: | 0 times |
©2014 Net@Work Inc.
Maximizing Your Return on Employee Investment (ROEI)
Start Time: 2:00 pm ET
Webinar Audio: You can dial the telephone numbers located on your webinar panel. Or listen in using your microphone or computer speakers. We will begin shortly.
Technical Difficulties: Call: (805) 617-7000 (Option 1) Webinar ID: 286-971-150
©2014 Net@Work Inc.
Webinar Details Presentation is roughly 1 hour
All phone lines are muted
If anyone has any questions during this webinar – please type them
in your Questions Box located at the bottom of your webinar panel
©2014 Net@Work Inc.
Today’s Presenter
Lissa Johnsen, CMC, CITP, CPA Employer Solutions Practice Director & Consulting Manager • Over 25 years in accounting, HR solutions
• Sage Certified trainer and consultant for Sage HRMS plus many
ERP solutions as well
• Owned own business for over 15 years
• Focus on process and ROI as much as on the technical solution
• Leading Net@Work’s initiative to HRMS solutions to all of our
clients
©2014 Net@Work Inc.
Overview Solutions
ERP/Accounting System
Implementations
CRM System Implementations
HRMS/Employer System
Implementations
Web Development & eCommerce
Mobile Application
Development
Document Management /
SharePoint
Business Intelligence, Analytics & Reporting
IT Infrastructure, Cloud & Managed Services
©2014 Net@Work Inc.
Goals for Today
Value of Good
Employees
Achieving Return on Employee Investment
Benefiting from Return
on Employee Investment
©2014 Net@Work Inc.
But can a company or organization actually …
by itself … generate ideas, give good service, be
efficient or productive?
©2014 Net@Work Inc.
Some Thriving ….
Others struggle to stay
in business
Difference between a good
company
And a truly great
company
©2014 Net@Work Inc.
Value of People
• Unique and biggest asset
• For most---largest expense or better put, its largest investment
• Treat employee related expenses as an investment in the workforce.
©2014 Net@Work Inc.
ROEI
Like any other investment …
This critical company investment must yield a healthy return.
Return on Employee Investment
(or ROEI)
©2014 Net@Work Inc.
Employee engagement is “the level of commitment and involvement an
employee has towards their organization and its values”*
* Nitin Vazirani, “Employee Engagement,” Working Paper for the SIES College of Management Studies, 2007.
Engaged Employees
©2014 Net@Work Inc.
Engaged Employees
“Most leaders and organizations know the difference between a fully engaged worker and one that is marginally engaged or disengaged.
The former brim with enthusiasm, they contribute ideas, are optimistic about the
company and its future, are seldom absent from work, they typically stay with the organization
longer and are among the organization’s most valuable ambassadors.”*
Allan Schweyer, “The Economics of Engagement,” Human Capital Institute
and Enterprise Engagement Alliance, June 2009, p.2.
©2014 Net@Work Inc.
Top Reasons GOOD People Leave
• Poor Management • Poor Senior Leadership • Lack of Career Growth & Advancement Opportunities • Poor Communications • Pay • Lack of Recognition • Lack of Training • Excessive Workload • Lack of Tools and Resources • Lack of Teamwork
©2014 Net@Work Inc.
Increase Employee Retention
Areas to invest
1. Information 2. Communication
3. Work environment 4. Employee engagement 5. Employee recognition
6. Training 7. Compensation and benefits
©2014 Net@Work Inc.
Information Communication
• Informed Decisions
• Identify Top Performers
• Determine Employee Needs
• Workforce Decisions (new roles, restructure, new hires)
• Publish Mission, Vision & Values
• Easy Access to Handbook
• Clear Job Expectations
• Feedback Goals
• Employee Portals
©2014 Net@Work Inc.
Work Environment Employee Recognition
• Workspace
• Company Events or Team
• Team Building areas
• Social Media for collaboration & networking
• Finding Relevant Information (portal)
• Awards, Rewards &
Incentives
• Formal & Informal
• Frequently recognize
• Link rewards to objectives or values
• Performance System
©2014 Net@Work Inc.
Training
• Career Development • New Skills for projects or challenges • Higher Positions • Management Training • People or Leadership Skills • Team Building • Plan & Track goals and programs • Critical Certifications or Skill Sets • Avoid career “ruts”
©2014 Net@Work Inc.
Compensation and Benefits
Adequate and Competitive Compensation
Financial Security – pension, life ins., disability
Health, Vision, Dental, HAS
Work / Life Balance
Tuition Reimbursement
Onsite Lectures
Other perks Gym Memberships Savings Clubs
Best employees NOT stay long if undercompensated or lacking in benefits
©2014 Net@Work Inc.
HRMS: Helps provide ROEI
Selecting and attracting talent Getting the best out of talent Employee motivation and retention Providing crucial information Automating processes
©2014 Net@Work Inc.
REMEMBER …. Top Reasons GOOD People Leave • Poor Management • Poor Senior Leadership • Lack of Career Growth & Advancement Opportunities • Poor Communications • Pay • Lack of Recognition • Lack of Training • Excessive Workload • Lack of Tools and Resources • Lack of Teamwork
From International Association of Administrative Professionals study
©2014 Net@Work Inc.
Engaged Employees • Work more effectively, instead of just working more • Find ways to improve • Share information with colleagues • Develop creative solutions • Provide suggestions • Speak up for the organization • Try harder to meet customers’ needs, leading to repeat business
©2014 Net@Work Inc.
Goals for Today
Value of Good
Employees
Achieving Return on Employee Investment
Benefiting from Return on Employee Investment
©2014 Net@Work Inc.
Sage HRMS Webinars
Net@Work Employer Solutions
Webinar Series www.netatwork.com/hr_webinar_series.asp
******************
All Attendees Complimentary White Paper on ROEI
©2014 Net@Work Inc.
Questions? For additional information, please contact:
Lissa Johnsen, CMC, CITP, CPA
Employer Solutions Practice Director and Consulting Manager
Ext 4609