Qualcomm Communications


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Qualcomm Communications

  1. 1. Qualcomm – A peek intoR&R practicesApril 2012
  2. 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. 3. Leading the Semiconductor Industry WIRELESS FABLESS RFIC SEMICONDUCTOR COMPANY COMPANY COMPANY COMPANY Source: iSuppli for Dec. 20103
  4. 4. Total Rewards Programs4
  5. 5. The Total Rewards package5
  6. 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. 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. 8. Recognition Programs8
  9. 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. 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. 11. Thank you
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