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Qualcomm Communications

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  • 1. Qualcomm – A peek intoR&R practicesApril 2012
  • 2. Fortune 500 Company Celebrating more than 25 years of driving the evolution of wireless communications Making wireless more personal, affordable and accessible to people everywhere World’s largest fabless semiconductor company, #1 in wireless Member of the S&P 100 & 500 Indexes 2011 All-America Executive Team Award Winner2
  • 3. Leading the Semiconductor Industry WIRELESS FABLESS RFIC SEMICONDUCTOR COMPANY COMPANY COMPANY COMPANY Source: iSuppli for Dec. 20103
  • 4. Total Rewards Programs4
  • 5. The Total Rewards package5
  • 6. Unique Practices Retaining the high performers, recognizing efforts, recognizing and rewarding areas over and above role performance; practices that are generous & thoughtful  Semi Annual Review Process  Total Rewards programs are composed of three main categories: • Fixed Pay – Base Salary • Reflects the competitive market, maintains internal equity across jobs, provides the ability to recognize individual contributions • Generous Health And Benefits Programs • Provide extensive protection and security for employees and their families • Examples: QFlex, recognition of life events, vacation donation programs • Variable Awards • Offer rewards for meeting and exceeding company and individual goals • Performance bonus and retention stock grants • Qualstar/Super Qualstar Awards6
  • 7. What is unique about your Rewards and Recognition philosophy? • Our strategy is simple – multiple programs offering varying levels of value, from simple ways of saying, “Thanks!” to customized awards • Wide range of tools and ideas – both formal and informal – so that they may offer meaningful and timely rewards and powerful recognition • Full spectrum of recognition tools • Qcards - eCards • Qualstars • Super Qualstars • Division and Custom awards • Patent awards • All employees are eligible and anyone can make a nomination • Resources to learn tips about how to and why of recognition • Includes process notes, links to recognition tools and guides for presenting awards7
  • 8. Recognition Programs8
  • 9. Methods used to ensure transparency, fairness in assessments for rewards/recognition  Fairness - Varied review mechanisms based on process/tool being used  Employees have the option to Agree/Partially Agree/Disagree with their performance reviews delivered by the Manager  Role of Human Resources is to engage with employee to understand and act on concerns  Transparency and Equity:  MySource – Employee Self service portal with access to information on programs, policies, guidelines etc.  Semi-annual review of internal equity and market positions for similar positions based on knowledge, skill, ability, and responsibility.  We strive to keep pace with our changing marketplace and business needs by doing salary surveys twice a year.  Nominations for recognition not only manager driven; peer- peer recognition encouraged9
  • 10. Measuring effectiveness of the practices  Effectiveness assessed through varied sources • HR Open houses • Skip Level Meetings • Climate Survey ( Organization wide survey) • 1 on 1 Feedback • Analytics on Rewards Usage Pattern • Benchmarking10
  • 11. Thank you

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