1 / 13

APA DETROIT MARCH 2008 CHAPTER MEETING

Join us for a chapter meeting on leading and managing payroll, where we will explore important words, employee motivation, what leaders do, understanding corporate culture, root cause analysis, critical thinking, performance metrics, and effective communication. Don't miss out!

larrymitchell
Download Presentation

APA DETROIT MARCH 2008 CHAPTER MEETING

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. APA DETROIT MARCH 2008 CHAPTER MEETING A New Look at Leading and Managing Payroll Martin Armstrong, CPP, MBA Harrah’s Entertainment Director of Payroll

  2. LEADING & MANAGING PAYROLL • A Manager’s Most Important Words • 5 Most Important Words • 4 Most Important Words • 3 Most Important Words • 2 Most Important Words • 1 Most Important Word • Brevity – “The most valuable of all talents is that of never using two words when one will do.” • - Thomas Jefferson, U.S. president

  3. EMPLOYEE MOTIVATION • Use Emotional Intelligence • Create Effective Mechanisms (money, training) • Recognition (freedom cards, recognition memos, recognition business cards for performance reviews) • Innovative employees are rarely motivated exclusively by monetary rewards but rather by the work itself • Why are you still there?

  4. WHAT LEADERS DO • Evaluate, coach, and build self-confidence • Exude positive energy and optimism • Establish trust with candor, transparency and credit • Make unpopular decisions and gut calls • Probe and push to ensure their questions are answered with action • Inspire risk taking & learning by setting the example • Set Strategic Vision, Goals and Objectives • Leaders influence and promote change

  5. UNDERSTANDING CORPORATE CULTURE • Determine the concerns & needs of others in the organization • Understand organizational culture and politics • Consider who can influence your ability to accomplish your goals • Determine if your actions coincide with your organization’s goals and objectives

  6. ROOT CAUSE ANALYSIS • Define the problem. • Gather data/evidence. • Identify issues that contributed to the problem. • Find root causes. • Develop solution recommendations. • Implement the solutions. • Six Sigma – improve methodology that reduces errors to 3.4 defects per 1million opportunities • The Five Whys Technique – usually takes 5 questions to find the truth or root cause

  7. CRITICAL THINKING • Measure the impact of your decision • Do people want or will they utilize your idea? • Consider changes to People, Culture, Training, Processes and Support Systems • Consider the ROI and Payback Periods • Know the Cost of Doing Business

  8. PERFORMANCE METRICS • Measurable results gathered and calculated to identify strengths, weaknesses, goals and opportunities • Key performance indicators or benchmarks • Balanced Scorecards, Service Level Agreements • Cost per paycheck • Payroll FTE ratio to total number of FTEs • Direct Deposit Participation Rates • Error Rates (time and attendance and input errors) • Overtime as a percentage of total payroll

  9. Give Your Full and Undivided Attention Cross-Functional Communication (Futa?) Use Meeting Agendas Incorporate Business Case when communicating Change Speak with Confidence, Purpose and Precision Build Bridges & Partnerships Use Spell Check – Perception is key Avoid Complaining, Focus on Solutions EFFECTIVE COMMUNICATION

  10. Plan, Purpose, Vision, Outcomes and Strategy Use Strategy to save time, money and effort Goal Setting should always accompany a strategy The Right Strategy always expands goals & outcomes In business, use the Best, Current and Customized Strategy (best practices) Match the right people with the right jobs (evaluate skill sets) Use desktop procedures, process maps and other process documentation If you don’t know where you’re going, any road will take you there..strategy has its place! STRATEGY – HOW YOU GET SOMETHING ACCOMPLISHED

  11. Problem Solving Skills Sarbanes Oxley Experience Procedures for authorizing transactions Procedures for authorizing exceptions Separation of job duties Updated processes when policies & systems change Appropriate controls for review Time Management Skills Ability to hire, fire, train and coach employees Ability to motivate individuals and teams Effective written and verbal communication skills Proven Results Performer (your ability to execute) IN-DEMAND JOB SKILL SETS

  12. THOUGHT FOR THE DAY • Ability is what you’re capable of doing • Motivation determines what you do • Attitude determines how well you do it • Lou Holtz, former College Football Coach

  13. APA DETROIT MARCH 2008 CHAPTER MEETING THANK YOU FOR ATTENDING! Contact Information: Martin Armstrong > marmstrong@harrahs.com Please Remember to Hand in Your Evaluations

More Related