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Cons of Excel Spreadsheets in Human Resource Management

Cons of Excel Spreadsheets in Human Resource Management

The humble Excel Spreadsheets have been a trusted partner of HR professionals across the globe since its advent in ‘70s where it graduated in form and brand nomenclature starting with the initial VisiCalc, SuperCalc to improvised Multiplan, Lotus 1-2-3 and the very monopolistic Microsoft Excel. Whether it is attendance, payroll or leave management HR function gracefully progressed from paper records to excel sheets. Did it work? Well it did for some time, but not when it became increasingly evident that it has major lacunas, a reality which is surprisingly easy to ignore. So where is the epicenter of the issue with spreadsheets? One of the major drawbacks of Excel sheets lies in the fact that it is not sustainable for HR tasks that require complex correlations and real time analysis. Today a firm that uses Excel might have manageable employee strength and processes, but once the business operations expand, the use of spreadsheets becomes non-scalable. The other disadvantages of relying exclusively on excel sheets include compromise on the privacy of data and possibility of letting the information fall in wrong hands. Password protections don’t help as the files go through multiple hands at multiple levels. This makes any critical data highly prone to fraudulent use and worse even business losses. Not to mention the pain in consolidation that also sometimes leads to inaccurate status reporting considering there are various teams or departments involved. Testimony to the views expressed above is echoed in several organizational case studies that had to suffer losses in millions due to Excel Errors. We are sure you would be enlightened with the nuggets presented in the deck!

684 views • 53 slides


Employee Appreciation: It's a Bad Time to be Average

Employee Appreciation: It's a Bad Time to be Average

Great people are always hard to find - often harder to retain and motivate. Moving into 2020, the perennial challenges of employee retention and motivation will be complicated even further. Historically low unemployment. Evolving workforce expectations. An arms-race on u2018work perksu2019. Leadership teams may be tempted to overlook employee rewards as a lever for enhancing EX (Employee Experience). That skepticism has some merit. When structured as a check-the-box exercise, rewards programs donu2019t meet the needs of employee nor employer. u000bThe days of giving u2018pointsu2019 or an occasional gift card as a spot-award should be long over. r r Traditional rewards programs miss a huge opportunity by focusing on efficiency or the reward alone. When done more authentically, rewards provide a vehicle to reinforce and grow relationships. THAT has massive value. Studies consistently show that employees are heavily influenced by interpersonal connections. u201cPeople leave managers, not companiesu201d still holds true - and your rewards program should help. Three dynamics are critical to creating real value from rewards (see document). Unfortunately, these fundamentals are often deprioritized, done poorly, or made far too difficult for busy managers. The time is now to create meaningful rituals, reinforce critical manager-to-employee relationships, and expect more from your rewards program. It is a bad time to be average.

200 views • 18 slides


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