Maximizing Your Return on Employee Investment (ROEI)
1. Live Webinar:
Maximizing Your Return on
Employee Investment (ROEI)
How to Achieve It and How to Benefit From It
Webinar Audio:
You can dial the telephone numbers located on your webinar panel.
Or listen in using your microphone or computer speakers.
Employer Solutions
2. 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
3. Today’s Presenters
Lissa Johnsen, CPA, CMC, CITP
Employer Solutions Practice Manager
• Over 25 years in accounting, HR solutions
• Sage Certified trainer and consultant for Sage HRMS Abra plus
some 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
4. Today’s Presenters
John G. Guglielmo
Sr. Account Executive
• Over 25 years providing specialized software systems,
Accounting, and HR Technology
• Focused on understanding our customer’s needs and providing
Technology Solutions to help them achieve their Goals.
• Honored to be part of the High Functioning Net@Work Employer
Solutions Team
14. 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.
15. ROEI
Like any other investment …
This critical company investment must yield
a healthy return.
Return on Employee Investment
(or ROEI)
17. 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
18. 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.
21. 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
22. 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
23. 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
24. 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
25. 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”
26. Compensation and Benefits
• Adequate and Competitive
Compensation
• Financial Security – pension, life ins.,
disability
• Health, Vision, Dental, HSA
• Work / Life Balance (Integration)
• Tuition Reimbursement
• Onsite Lectures
• Other perks
• Gym Memberships
• Savings Clubs
Best employees do NOT stay long if undercompensated
or lacking in benefits
28. HRMS: Helps provide ROEI
Selecting and attracting talent
Getting the best out of talent
Employee motivation and retention
Providing crucial information
Automating processes
29. 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
30. 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
31. Sage HRMS Webinars
For additional resources, please see:
Net@Work Employer Solutions
Webinar Series
www.netatwork.com/hr_webinar_series.asp
All Attendees will Receive a
Complimentary White Paper on ROEI
32. Questions?
For additional information, please contact:
Lissa Johnsen, CMC, CITP, CPA
Employer Solutions Practice Director
and Consulting Manager
ljohnsen@netatwork.com
Ext 4609
John G. Guglielmo
Sr. Account Executive
jguglielmo@netatwork.com
Ext 3978