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HR-IT'2013. Леся Бобык. Доклад "Компенсационные пазлы в It"
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HR-IT'2013. Леся Бобык. Доклад "Компенсационные пазлы в It"

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HR-IT'2013. Леся Бобык. Доклад "Компенсационные пазлы в It"

HR-IT'2013. Леся Бобык. Доклад "Компенсационные пазлы в It"

Published in: Recruiting & HR

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Transcript

  • 1. Compensation PUZZLES in IT Lesya Bobyk, HR Director at SoftServe Inc, For HT IT Conference
  • 2. What wakes your company CEO up at night?
  • 3. MOTIVATION SATISFACTION RETENTION ATRACTION SELF- ACTUALIZATION
  • 4. MOTIVATION SATISFACTION RETENTION ATRACTION SELF- ACTUALIZATION
  • 5. MOTIVATION SATISFACTION RETENTION ATRACTION SELF- ACTUALIZATION
  • 6. Wage Salary Reward Compensation
  • 7. Reward System Intrinsic Rewards Extrinsic Rewards Nonfinancial Financial Direct Compensation Base Wage/Salary Merit & Incentives COLA ( or CCA) Indirect Compensation Day- offs/Vacation Protection programs Employee Services & Perks
  • 8. Wage & Salary
  • 9. Factors Influence Wage and Salary Structure Organization’s ability to pay Supply and demand for labor Prevailing market rate Cost of living Job requirements Managerial attitudes Psychological and sociological factors
  • 10. Salary Determination Process Step1 Job Description Step2 Job Evaluating Step3Salary Market Analysis Step4 Salary Structure Step5 Salary Payment
  • 11. Wage & Salary Concept Performance Based Grades Based Competency Based
  • 12. Wage and Salary Review Process Monthly Salary Review Meeting Employee’s Salary Line Manager Employee Career Advisor
  • 13. Wage and Salary Review Process Salary Review Rules Employee’s Salary Salary Review Reason Next Salary Review Steps Salary Ranges Frequency % Increase
  • 14. Wage and Salary Review Process Salary Communication Rules Why! How much! Why! Next Steps!
  • 15. Merit & Incentives
  • 16. Short Term • Technical Interviewer • Internal Trainer • Competency Expert • Referral Bonus • etc Long Term • Performance Bonus • Profit Sharing • Stock Options • Period of Services • etc M&I Category
  • 17. Individual Managerial Corporate Piece Rate Gain Sharing Profit Staring Bonuses Quality Improvement ESOP Special Recognition Cost Reduction Deferred Compensation M&I Levels Difference
  • 18. Key Compensation Metrics • % Salary of Revenue • Average Salary • Above Salary Ranges
  • 19. Company-Related Outcomes Forecasting ability Workforce flexibility Increase effectiveness of work teams Increase employee’s output per month Career-enhancement opportunity
  • 20. HR-Related Outcomes  Job evaluation needs endorsement from management Compensation policy education  Periodical policy review Take feedback from people
  • 21. People do what they do to satisfied their needs Long term security vs. sudden higher $sum What you see is not what you get As you sow, so you reap To the End