Your Employees: The Most Important Asset You’re Neglecting

This webcast aired Thursday, November 14th at 12:00pm CST.

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Business leaders often declare that employees are their most important assets. But few employers truly define what that means in their workplace. 

Employer commitment to employees and their success is one of the top 5 drivers of happiness at work, according to the 2019 MetLife US Employee Benefits Study

When employees are supported, they’re more engaged and productive. But when employees feel undervalued, they leave at the first opportunity available. 

HR management, owners and partners are inundated with managing the day to day human resource tasks, leaving little time to focus on growing current employees. 

Growing your firm, talent, and workforce takes time – there’s no shortcut to building value. In order to get a return on any asset, you MUST invest in that asset. So, if employees are your greatest asset, prove it

After this webinar, you will know:

  • How to engage employees in performance reviews
  • Why you should never ignore minor employee incidents in your firm 
  • How to protect your firm from legal issues associated with labor laws
  • Why a career path is essential for employee retention
  • How we’ve developed a module to aid your HR management

Presenter:
Steven Burns, FAIA
Chief Creative Officer
BQE Software

Sponsored by: 

 

1. Most engineering firms have less than 10 employees
2. Most engineers work in small firms (10 employees or less)
3. “HR” is NOT perceived as a trigger word for which of the following?
4. It is important that your firm’s Human Resource strategy be developed independently from the Corporate Strategy.
5. Which of the following are reasons firms often can’t deliver a consistent HR strategy:
a. There is no system for measuring the value creation process
b. Most architectural firms aren’t profitable
c. There is a lack of transparency between the employees and management
d. There is no HR Manager with accountability for an HR strategy
e. Some employees work remotely
6. Traditional accounting systems looks at employees as an asset which is why firm’s say their most important asset is their employees.
7. It’s recommended that firm administrators look at the impact each employee has on the firm’s expenses rather than to examine their impact on the firm’s revenue and growth.
8. Which are examples of a successful HR strategy
a. Maximizing the human capital to create a competitive advantage
b. Providing free food for employees in the office kitchen
c. Guaranteed annual bonuses to all employees regardless of performance
d. Developing a team with strategically focused competencies and behaviours
e. Terminating employees for whom you can’t draw the connection between their competency, motivations and behaviors with your corporate strategy.
9. Systems Thinking is the term used to describe all the various interactions that occur between each employee within the firm.
10. Which of the following are not descriptions of a firms’ HR Competency
a. Cost-Driven
b. Value-Driven
c. Autonomously-Driven
d. Quality-Driven
e. Service-Driven
f. Speed-Driven
g. Focus-Driven
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