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WWW.EXASSEMBLY.COM.AU
@exassembly
fb.me/exassembly
Sydney | Melbourne |Brisbane
SessionTips
• Use the chat window to
post your questions,
comments and insights.
• This is a free and frank
discussion. Diversity of
views is welcome.
• This session is being
recorded and will be
available on
www.exassembly.com.au
WWW.EXASSEMBLY.COM.AU
PANEL
Jeevan Joshi or Jeeves
Community Manager – EX Assembly
Darin Fox
Chief Research Officer, HFL
Steve Giles
GM Workforce Strategy &
Organisation Design, NAB
WWW.EXASSEMBLY.COM.AU
1
● Intros/About EX
● Definition
● Discussion
2
● Case Study
● Concept/Idea
● Q&A
3
● Impact on EX
● Discussion
4
● Conclusions
● Resources
● Next Steps
SESSION FLOW
Use chat anytime
WWW.EXASSEMBLY.COM.AU
EMPLOYEE EXPERIENCE (EX) Employee Experience (EX) is the mindset
and method where:
- companies and their people working
together
- to create personalized, authentic
experiences
- that ignite passion and tap into
purpose
- to strengthen individual, team, and
company performance.
EX Assembly Framework Ver 0.8
WWW.EXASSEMBLY.COM.AU
EMPLOYEE EXPERIENCE (EX)
Employee Experience (EX) is the mindset
and method where:
- companies and their people working
together
- to create personalized, authentic
experiences
- that ignite passion and tap into
purpose
- to strengthen individual, team, and
company performance.
EX
Employee’s
Personal Journey
Growth &
Value Add
Values
Alignment
Lifestage
Career/ Life
Strategy Culture
Improve
Organisational
Performance
Physical SpaceWork Processes Systems & Tech
Leadership
EX Assembly Framework Ver 0.8
Employee
Lifecyle
WWW.EXASSEMBLY.COM.AU
EMPLOYEE EXPERIENCE (EX) Employee Experience (EX) is the mindset
and method where:
- companies and their people working
together
- to create personalized, authentic
experiences
- that ignite passion and tap into
purpose
- to strengthen individual, team, and
company performance.
Our view is that :
• recognising employee’s own personal
journey is critical.
• workforce experience is more accurate
term.
EX
Employee’s
Personal Journey
Improve
Organisational
Performance
Growth &
Value Add
Values
Alignment
Lifestage
Career/ Life
Strategy
Physical Space
Navigation
Purpose
Value
Brand
Culture
Work Processes Systems & Tech
Measurement
Engagement
NPSetc
Leadership
EX Assembly Framework Ver 0.8
WWW.EXASSEMBLY.COM.AU
Meetups
Sydney 100 members
Melbourne 40 members
Brisbane – 20 members
Gatherings
Practice
Leadership
Unconference
Sydney - Planned for
after COVID
Better Practices
Collaborative
Projects
EX Assembly is a community of
forward looking EX & HR
professionals interested in frank
discussions about current issues and
trends in the science and art of
Employee Experience; and its
application at work.
Building inspiring workplaces
through Employee Experience
“Building inspiring workplaces through better Employee
Experience”
EX Awards
Webinars
Building
EX Capability
Workshops/
Certification
EX Consulting
WWW.EXASSEMBLY.COM.AU
LEARNER
EXPERIENCE
WE BUILD.WILL
THEY COME ?
WHAT IS COMING UP ?
CANDIDATE
EXPERIENCE
CAN THE PAIN BE
REDUCED ?
THEME FOR MAY
JUNE
@exassembly
WWW.EXASSEMBLY.COM.AU
DOWE NEED TO
ADAPT OR SUSPEND
PERFORMANCE
PROCESSES SPECIALLY
FORWHERE WORK
HAS BEEN DIRECTLY
IMPACTED ?
HOW DOWE
RECOGNISE AND
REWARD EMPLOYEES
DURING THESE
CHALLENGING TIMES ?
WWW.EXASSEMBLY.COM.AU
WHO AREYOU ?
WWW.EXASSEMBLY.COM.AU
HOW HAS COVID19 IMPACTEDYOUR BUSINESS PLANS?
On a scale of 1
(No impact) -
5 (Very high
impact) ?
WWW.EXASSEMBLY.COM.AU
AUSTRALIAN STATS
New data suggest
780,000 people
had lost their jobs
by April 4
Young and old
hardest hit by job
losses
Hospitality (25%
loss) and the arts
(18.7%)
Education and
training was the
least-affected
sector (0.1%)
abc.net.au 22 April 2020
WWW.EXASSEMBLY.COM.AU
HAS THEWORKTHAT EMPLOYEE DO CHANGED DUE TO COVID ?
On a scale of 1
(No impact) -
5 (Very high
impact) ?
WWW.EXASSEMBLY.COM.AU
WHAT ISYOUR PREFERRED APPROACHTO PERF MGT & REWARDS ?
On a scale of 1
(No impact) -
5 (Very high
impact) ?
WWW.EXASSEMBLY.COM.AU
CASE STUDY– BOYD – NEW BUSINESS DEVELOPMENT MANAGER
How is performance measured ?
 Sales Achievement (65%)
 Customer Rating for Project Delivery
(15%)
 Team work and company values (10%)
Rewards and Rem
 Fixed Salary
 Achievement of SalesTarget - BonusTiers -
90% of Target = 80 % of Bonus, 100 % of
Target = 100% Bonus, 110% of Target = 120%
of Bonus etc
 Name - Boyd
 Age - 48
 Industry - IT Services
 Organization Size -
5001-10,000 employees
Company
 Major IT Services company with a national
presence. 50% of workforce is overseas.
 Competitive environment.
 Sales are to large complex organisations
Job Role
 Business Development for New Sales in the
Education and Manufacturing industry.
 Satisfactory delivery of IT Services
contracted with customer.
Aspirations
 Make bigger and better deals / bigger bonus
 Half hearted interest in promotion
WWW.EXASSEMBLY.COM.AU
CASE STUDY– BOYD – NEW BUSINESS DEVELOPMENT MANAGER
Impact of COVID
 Business has slowed as
companies are careful about
spend
 Increased business from
existing projects
 Sales in next year may also be
impacted negatively.
Company measures
 Targets have not been changed.
 20% of Project Delivery
consultants have been laid off.
 Top management have taken a
20% pay cut. Dividends reduced.
 Year End performance appraisals
as planned at end of June.
Per Annum. FY – Jul to Jun 2018 2019 2020 (Projected)
Before
COVID
After
COVID
SalesTarget Achieved 90% 110% 110% 50%
Salary 80,000 80,000 85,000 85,000
Bonus 16,000 30,000 42,000 0
Total 96,000 110,000 127,000 85,000
Increase or (decrease
YOY) 14,000 17,000 -25,000
Customer Satisfaction 6/10 8/10 9/10 9/10
TeamWork/Company
Values 7/10 7/10 8/10 8/10
WWW.EXASSEMBLY.COM.AU
CASE STUDY– BOYD – NEW BUSINESS DEVELOPMENT MANAGER
Which Option ?
No changes
Modify
Reduce targets
Reward on
achievement before
COVIDScrap Performance
Appraisals for this
year
Lay off Sales
Force
Any other ?
Would you change the
Performance Appraisal process in
any way for this year?
Would you modify rewards
scheme for cater for similar
situations in the future ?
What approach will you take to
communicate changes to
workforce ?
WWW.EXASSEMBLY.COM.AU
 WHAT DOYOU THINK SHOULD BE DONE
 USETHE CHAT WINDOW TO GIVE USYOUR APPROACH
WWW.EXASSEMBLY.COM.AU
Performance Appraisal process
• Adjust weighting to be lighter on sales
and heavier on customer rating and
values (assumes emphasis on
development rather than dollars)
• I would look to pay out individual
bonuses where applicable, provided all
national/regional targets are met
• Scrapping bonuses entirely would be
considered
• Reducing salaries would be considered,
although there are legal and workload
considerations to this
Communication Approach
• Its more important to secure jobs
and share the impact vs. impacting
a percentage of workforce in
entirety (despite some layoffs
have already occurred)
• Leaders modelling with the 25%
pay cut is important
WWW.EXASSEMBLY.COM.AU
• Hold on to the sales force as long as I
can but get everyone to take as much
annual leave as possible.
• I'd modify the working hours if I could.
• Performance bonuses will be cut as
well but I'd change the performance
goals to something that is achievable.
• Perhaps get the sales force focusing on
supporting the improving the quality of
the products during the down time?
WWW.EXASSEMBLY.COM.AU
Short term
Longer term
Rewards
Performance
Measurement
• Reduce targets and sales
commissions proportionately.
• Measure performance till before
COVID, with a focus on
development & improvement.
Comms
• Recognise unforeseen nature of
COVID and that everyone is
sharing the pain.
• Be transparent with financial
pain to business.
• Modify your sales reward system to cater
for black swan events and the expectations
from sales force if that happens including
asking them to work in other departments
ie call centre.
• More emphasis on building a stronger
pipeline and longer term customer
relationships.
WWW.EXASSEMBLY.COM.AU
IMPACT ON EMPLOYEE EXPERIENCE – COVID IMPACT
Onboarding
Speed to
Competence
Learning
Offboarding AlumniProspect
Growth
Acquisition Development ExitPerformance
• Fewer jobs
advertisements for
most jobs
• Hiring process
slowed
• Need to adapt skills in
fast changing business
conditions.
• High degree of
uncertainty
• Need for security – job & $
• Mental wellness
• Contractors are suffering
more
PERSONAL
JOURNEY
WORK
WWW.EXASSEMBLY.COM.AU
KEEP IN TOUCH
www.exassembly.com.au
@exassembly
www.facebook.com/exassembly
www.linkedin.com/company/ex-assembly/

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EX Assembly: COVID19 and its Impact on Employee Peformance & Rewards

  • 1. WWW.EXASSEMBLY.COM.AU @exassembly fb.me/exassembly Sydney | Melbourne |Brisbane SessionTips • Use the chat window to post your questions, comments and insights. • This is a free and frank discussion. Diversity of views is welcome. • This session is being recorded and will be available on www.exassembly.com.au
  • 2. WWW.EXASSEMBLY.COM.AU PANEL Jeevan Joshi or Jeeves Community Manager – EX Assembly Darin Fox Chief Research Officer, HFL Steve Giles GM Workforce Strategy & Organisation Design, NAB
  • 3. WWW.EXASSEMBLY.COM.AU 1 ● Intros/About EX ● Definition ● Discussion 2 ● Case Study ● Concept/Idea ● Q&A 3 ● Impact on EX ● Discussion 4 ● Conclusions ● Resources ● Next Steps SESSION FLOW Use chat anytime
  • 4. WWW.EXASSEMBLY.COM.AU EMPLOYEE EXPERIENCE (EX) Employee Experience (EX) is the mindset and method where: - companies and their people working together - to create personalized, authentic experiences - that ignite passion and tap into purpose - to strengthen individual, team, and company performance. EX Assembly Framework Ver 0.8
  • 5. WWW.EXASSEMBLY.COM.AU EMPLOYEE EXPERIENCE (EX) Employee Experience (EX) is the mindset and method where: - companies and their people working together - to create personalized, authentic experiences - that ignite passion and tap into purpose - to strengthen individual, team, and company performance. EX Employee’s Personal Journey Growth & Value Add Values Alignment Lifestage Career/ Life Strategy Culture Improve Organisational Performance Physical SpaceWork Processes Systems & Tech Leadership EX Assembly Framework Ver 0.8 Employee Lifecyle
  • 6. WWW.EXASSEMBLY.COM.AU EMPLOYEE EXPERIENCE (EX) Employee Experience (EX) is the mindset and method where: - companies and their people working together - to create personalized, authentic experiences - that ignite passion and tap into purpose - to strengthen individual, team, and company performance. Our view is that : • recognising employee’s own personal journey is critical. • workforce experience is more accurate term. EX Employee’s Personal Journey Improve Organisational Performance Growth & Value Add Values Alignment Lifestage Career/ Life Strategy Physical Space Navigation Purpose Value Brand Culture Work Processes Systems & Tech Measurement Engagement NPSetc Leadership EX Assembly Framework Ver 0.8
  • 7. WWW.EXASSEMBLY.COM.AU Meetups Sydney 100 members Melbourne 40 members Brisbane – 20 members Gatherings Practice Leadership Unconference Sydney - Planned for after COVID Better Practices Collaborative Projects EX Assembly is a community of forward looking EX & HR professionals interested in frank discussions about current issues and trends in the science and art of Employee Experience; and its application at work. Building inspiring workplaces through Employee Experience “Building inspiring workplaces through better Employee Experience” EX Awards Webinars Building EX Capability Workshops/ Certification EX Consulting
  • 8. WWW.EXASSEMBLY.COM.AU LEARNER EXPERIENCE WE BUILD.WILL THEY COME ? WHAT IS COMING UP ? CANDIDATE EXPERIENCE CAN THE PAIN BE REDUCED ? THEME FOR MAY JUNE @exassembly
  • 9. WWW.EXASSEMBLY.COM.AU DOWE NEED TO ADAPT OR SUSPEND PERFORMANCE PROCESSES SPECIALLY FORWHERE WORK HAS BEEN DIRECTLY IMPACTED ? HOW DOWE RECOGNISE AND REWARD EMPLOYEES DURING THESE CHALLENGING TIMES ?
  • 11. WWW.EXASSEMBLY.COM.AU HOW HAS COVID19 IMPACTEDYOUR BUSINESS PLANS? On a scale of 1 (No impact) - 5 (Very high impact) ?
  • 12. WWW.EXASSEMBLY.COM.AU AUSTRALIAN STATS New data suggest 780,000 people had lost their jobs by April 4 Young and old hardest hit by job losses Hospitality (25% loss) and the arts (18.7%) Education and training was the least-affected sector (0.1%) abc.net.au 22 April 2020
  • 13. WWW.EXASSEMBLY.COM.AU HAS THEWORKTHAT EMPLOYEE DO CHANGED DUE TO COVID ? On a scale of 1 (No impact) - 5 (Very high impact) ?
  • 14. WWW.EXASSEMBLY.COM.AU WHAT ISYOUR PREFERRED APPROACHTO PERF MGT & REWARDS ? On a scale of 1 (No impact) - 5 (Very high impact) ?
  • 15. WWW.EXASSEMBLY.COM.AU CASE STUDY– BOYD – NEW BUSINESS DEVELOPMENT MANAGER How is performance measured ?  Sales Achievement (65%)  Customer Rating for Project Delivery (15%)  Team work and company values (10%) Rewards and Rem  Fixed Salary  Achievement of SalesTarget - BonusTiers - 90% of Target = 80 % of Bonus, 100 % of Target = 100% Bonus, 110% of Target = 120% of Bonus etc  Name - Boyd  Age - 48  Industry - IT Services  Organization Size - 5001-10,000 employees Company  Major IT Services company with a national presence. 50% of workforce is overseas.  Competitive environment.  Sales are to large complex organisations Job Role  Business Development for New Sales in the Education and Manufacturing industry.  Satisfactory delivery of IT Services contracted with customer. Aspirations  Make bigger and better deals / bigger bonus  Half hearted interest in promotion
  • 16. WWW.EXASSEMBLY.COM.AU CASE STUDY– BOYD – NEW BUSINESS DEVELOPMENT MANAGER Impact of COVID  Business has slowed as companies are careful about spend  Increased business from existing projects  Sales in next year may also be impacted negatively. Company measures  Targets have not been changed.  20% of Project Delivery consultants have been laid off.  Top management have taken a 20% pay cut. Dividends reduced.  Year End performance appraisals as planned at end of June. Per Annum. FY – Jul to Jun 2018 2019 2020 (Projected) Before COVID After COVID SalesTarget Achieved 90% 110% 110% 50% Salary 80,000 80,000 85,000 85,000 Bonus 16,000 30,000 42,000 0 Total 96,000 110,000 127,000 85,000 Increase or (decrease YOY) 14,000 17,000 -25,000 Customer Satisfaction 6/10 8/10 9/10 9/10 TeamWork/Company Values 7/10 7/10 8/10 8/10
  • 17. WWW.EXASSEMBLY.COM.AU CASE STUDY– BOYD – NEW BUSINESS DEVELOPMENT MANAGER Which Option ? No changes Modify Reduce targets Reward on achievement before COVIDScrap Performance Appraisals for this year Lay off Sales Force Any other ? Would you change the Performance Appraisal process in any way for this year? Would you modify rewards scheme for cater for similar situations in the future ? What approach will you take to communicate changes to workforce ?
  • 18. WWW.EXASSEMBLY.COM.AU  WHAT DOYOU THINK SHOULD BE DONE  USETHE CHAT WINDOW TO GIVE USYOUR APPROACH
  • 19. WWW.EXASSEMBLY.COM.AU Performance Appraisal process • Adjust weighting to be lighter on sales and heavier on customer rating and values (assumes emphasis on development rather than dollars) • I would look to pay out individual bonuses where applicable, provided all national/regional targets are met • Scrapping bonuses entirely would be considered • Reducing salaries would be considered, although there are legal and workload considerations to this Communication Approach • Its more important to secure jobs and share the impact vs. impacting a percentage of workforce in entirety (despite some layoffs have already occurred) • Leaders modelling with the 25% pay cut is important
  • 20. WWW.EXASSEMBLY.COM.AU • Hold on to the sales force as long as I can but get everyone to take as much annual leave as possible. • I'd modify the working hours if I could. • Performance bonuses will be cut as well but I'd change the performance goals to something that is achievable. • Perhaps get the sales force focusing on supporting the improving the quality of the products during the down time?
  • 21. WWW.EXASSEMBLY.COM.AU Short term Longer term Rewards Performance Measurement • Reduce targets and sales commissions proportionately. • Measure performance till before COVID, with a focus on development & improvement. Comms • Recognise unforeseen nature of COVID and that everyone is sharing the pain. • Be transparent with financial pain to business. • Modify your sales reward system to cater for black swan events and the expectations from sales force if that happens including asking them to work in other departments ie call centre. • More emphasis on building a stronger pipeline and longer term customer relationships.
  • 22. WWW.EXASSEMBLY.COM.AU IMPACT ON EMPLOYEE EXPERIENCE – COVID IMPACT Onboarding Speed to Competence Learning Offboarding AlumniProspect Growth Acquisition Development ExitPerformance • Fewer jobs advertisements for most jobs • Hiring process slowed • Need to adapt skills in fast changing business conditions. • High degree of uncertainty • Need for security – job & $ • Mental wellness • Contractors are suffering more PERSONAL JOURNEY WORK