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Get rid of those payday blues!



     by Toronto Training and HR

            March 2013
3-4     Introduction to Toronto Training and HR
           5-7     Areas to identify
Contents   8-11    Pay structure decisions
           12-16   Adopting global payroll systems
           17-18   Drill A
           19-20   Monitoring wage rates
           21-22   Base pay increases
           23-25   Merit increase budgets
           26-27   Drill B
           28-30   Pay trends-engineering and
                   manufacturing
           31-32   Pay trends-hospitals
           34-37   Pay trends-HR
           38-41   Pay trends-IT
           42-44   Pay trends-public relations
           45-46   Pay trends-retail
           47-48   Case studies
           49-50   Conclusion and questions
                       Page 2
Introduction




     Page 3
Introduction to Toronto Training
              and HR
Toronto Training and HR is a specialist training and
human resources consultancy headed by Timothy Holden
10 years in banking
10 years in training and human resources
Freelance practitioner since 2006
The core services provided by Toronto Training and HR
are:
              Training event design
              Training event delivery
              HR support
              Services for job seekers

                         Page 4
Areas to identify




       Page 5
Areas to identify 1 of 2
            • What are the areas that are
              critical and how do I define
              key and critical talents?
            • What is inside employees’
              minds in terms of key and
              critical talent?
            • What does the company
              need to do to reward these
              people?
            • What does it take to recruit
              them?

          Page 6
Areas to identify 2 of 2
            • What is the company doing
              relative to other peer
              companies?
            • What does it take to be an
              employer of choice?
            • How does the company
              incorporate these re-ward
              packages?
            • What is the cost benefit?




          Page 7
Pay structure decisions




          Page 8
Pay structure decisions 1 of 3
               • Developing pay levels
               • Product market and labour
                 market comparisons
               • Rate ranges
               • Key jobs
               • Non-key jobs
               • Problems created by job-
                 based pay structures




             Page 9
Pay structure decisions 2 of 3
                DEVELOPING A PAY
                STRUCTURE
                • Market survey approach
                • Pay policy line
                • Pay grades




             Page 10
Pay structure decisions 3 of 3
                THE PROCESS
                • Participation
                • Communication




             Page 11
Adopting global payroll
       systems




          Page 12
Adopting global payroll systems
            1 of 4
                • Do the maths
                • Recognize that saving
                  money is not the only
                  reason
                • Decide why you need to
                  move to more global
                  payroll system and select a
                  vendor to meet those
                  needs



              Page13
Adopting global payroll systems
            2 of 4
                 • Remember payroll can get
                   complicated and a vendor
                   may be needed to provide
                   solutions on tricky issues
                 • Evaluate your existing
                   payroll vendor or payroll
                   software for a particular
                   country




              Page 14
Adopting global payroll systems
            3 of 4
                 • Do an inventory and
                   determine where your
                   employees are, what type
                   of compensation they get
                   and what kind of equity
                   programs you offer before
                   devising your plan
                 • Don’t move too fast
                 • Examine the regulatory
                   requirements of each
                   country to determine what
                   level of service is needed
              Page 15
Adopting global payroll systems
            4 of 4
                 • Plan for expansion
                 • Keep an eye on global
                   vendors that outsource to
                   other organizations
                 • Select an accountable firm
                   that offers a single point of
                   contact




              Page 16
Drill A




  Page 17
Drill A




    Page 18
Monitoring wage rates




         Page 19
Monitoring wage rates
            • Purchase compensation
              data
            • Conduct competitive
              analyses
            • Work with economic
              development bodies




         Page 20
Base pay increases




       Page 21
Base pay increases
          •   Executives
          •   Management
          •   Professional
          •   Office/clerical/technical
          •   Trades/production service




       Page 22
Merit increase budgets




         Page 23
Merit increase budgets 1 of 2
                •   Consumer products
                •   Electric and gas utilities
                •   Financial services
                •   Healthcare
                •   Insurance
                •   Manufacturing
                •   Media
                •   Oil/gas/services
                •   Pharmaceutical/chemical
                •   Professional services

             Page 24
Merit increase budgets 2 of 2
                •   Real estate/construction
                •   Restaurants/hospitality
                •   Retail/wholesale
                •   Technology
                •   Transportation and
                    transportation services




             Page 25
Drill B




  Page 26
Drill B




    Page 27
Pay trends-engineering
  and manufacturing




         Page 28
Pay trends-engineering and
   manufacturing 1 of 2
              •   Electrical engineer
              •   Engineering director
              •   Engineering manager
              •   Environment health &
                  safety manager
              •   Machine operator
              •   Manufacturing engineer
              •   Mechanical engineer
              •   Plant manager


           Page 29
Pay trends-engineering and
   manufacturing 2 of 2
              •   Production technician
              •   Process engineer
              •   Quality assurance engineer
              •   Quality assurance manager
              •   Welder




           Page 30
Pay trends-hospitals




        Page 31
Pay trends-hospitals
           •   Chief Executive Officer
           •   Other executives
           •   Nursing
           •   Professional/technical
           •   Administration
           •   Support services




        Page 32
Pay trends-HR




     Page 33
Pay trends-HR 1 of 4
         EXECUTIVES
         • HR with labour relations
         • HR without labour relations
         • Compensation and benefits
         • Talent management
         • Labour relations
         • Compensation
         • Benefits
         • Training and development
         • Environmental, health and
           safety
         • HRIS
Pay trends-HR 2 of 4
           NON-EXECUTIVES
           • Compensation and benefits
             generalist/multidiscipline
           • Labour relations discipline
           • Organization development
             discipline
           • Recruitment-management
             discipline
           • Employee relations
             discipline
           • Compensation
             generalist/multidiscipline
        Page 35
Pay trends-HR 3 of 4
           NON-EXECUTIVES
           • Environmental science
             discipline
           • Environmental, health and
             safety with no applicable
             discipline
           • Safety discipline
           • Equal opportunities
             discipline




        Page 36
Pay trends-HR 4 of 4
           NON-EXECUTIVES
           • HRIS discipline
           • Industrial hygiene discipline
           • HR generalist/consultant
             generalist/multidiscipline
           • Recruitment-
             professional/technical
             discipline




        Page 37
Pay trends-IT




     Page 38
Pay trends-IT 1 of 3
           •   IT Manager
           •   Information Architect
           •   Systems Architect
           •   Data Architect
           •   Project Manager
           •   Security Engineer
           •   Systems Developer
           •   Network Design
           •   MIS Manager
           •   Software Engineer
           •   Database Developer
        Page 39
Pay trends-IT 2 of 3
           •   Database Administrator
           •   Applications Developer
           •   Business Analyst
           •   Client/Server Developer
           •   Security Analyst
           •   Programmer/Analyst
           •   Technical Writer
           •   QA Tester
           •   Network Engineer
           •   Web
               Developer/Programmer
        Page 40
Pay trends-IT 3 of 3
           •   IT Technical Training
           •   Systems Administrator
           •   Web Administrator
           •   Network Manager
           •   Web Designer
           •   Technical Support
           •   Desktop Support Specialist
           •   Help Desk
           •   PC Technician



        Page 41
Pay trends-public relations




            Page 42
Pay trends-public relations 1 of 2
                  AGENCIES
                  • EVP
                  • SVP
                  • VP
                  • Account supervisor
                  • Senior account executive
                  • Account executive




               Page 43
Pay trends-public relations 2 of 2
                  CORPORATE
                  COMMUNICATIONS
                  • SVP
                  • VP
                  • Director
                  • Manager
                  • Communications specialist




               Page 44
Pay trends-retail




       Page 45
Pay trends-retail
         • Executive/senior
           management
         • Middle
           management/seasoned
           professional
         • Supervisory/junior
           professional
         • Clerical/operations people




      Page 46
Case studies




    Page 47
Case studies




    Page 48
Conclusion and questions




          Page 49
Conclusion and questions
Summary
Videos
Questions




                Page 50

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Pay March 2013

  • 1. Get rid of those payday blues! by Toronto Training and HR March 2013
  • 2. 3-4 Introduction to Toronto Training and HR 5-7 Areas to identify Contents 8-11 Pay structure decisions 12-16 Adopting global payroll systems 17-18 Drill A 19-20 Monitoring wage rates 21-22 Base pay increases 23-25 Merit increase budgets 26-27 Drill B 28-30 Pay trends-engineering and manufacturing 31-32 Pay trends-hospitals 34-37 Pay trends-HR 38-41 Pay trends-IT 42-44 Pay trends-public relations 45-46 Pay trends-retail 47-48 Case studies 49-50 Conclusion and questions Page 2
  • 3. Introduction Page 3
  • 4. Introduction to Toronto Training and HR Toronto Training and HR is a specialist training and human resources consultancy headed by Timothy Holden 10 years in banking 10 years in training and human resources Freelance practitioner since 2006 The core services provided by Toronto Training and HR are: Training event design Training event delivery HR support Services for job seekers Page 4
  • 6. Areas to identify 1 of 2 • What are the areas that are critical and how do I define key and critical talents? • What is inside employees’ minds in terms of key and critical talent? • What does the company need to do to reward these people? • What does it take to recruit them? Page 6
  • 7. Areas to identify 2 of 2 • What is the company doing relative to other peer companies? • What does it take to be an employer of choice? • How does the company incorporate these re-ward packages? • What is the cost benefit? Page 7
  • 9. Pay structure decisions 1 of 3 • Developing pay levels • Product market and labour market comparisons • Rate ranges • Key jobs • Non-key jobs • Problems created by job- based pay structures Page 9
  • 10. Pay structure decisions 2 of 3 DEVELOPING A PAY STRUCTURE • Market survey approach • Pay policy line • Pay grades Page 10
  • 11. Pay structure decisions 3 of 3 THE PROCESS • Participation • Communication Page 11
  • 12. Adopting global payroll systems Page 12
  • 13. Adopting global payroll systems 1 of 4 • Do the maths • Recognize that saving money is not the only reason • Decide why you need to move to more global payroll system and select a vendor to meet those needs Page13
  • 14. Adopting global payroll systems 2 of 4 • Remember payroll can get complicated and a vendor may be needed to provide solutions on tricky issues • Evaluate your existing payroll vendor or payroll software for a particular country Page 14
  • 15. Adopting global payroll systems 3 of 4 • Do an inventory and determine where your employees are, what type of compensation they get and what kind of equity programs you offer before devising your plan • Don’t move too fast • Examine the regulatory requirements of each country to determine what level of service is needed Page 15
  • 16. Adopting global payroll systems 4 of 4 • Plan for expansion • Keep an eye on global vendors that outsource to other organizations • Select an accountable firm that offers a single point of contact Page 16
  • 17. Drill A Page 17
  • 18. Drill A Page 18
  • 20. Monitoring wage rates • Purchase compensation data • Conduct competitive analyses • Work with economic development bodies Page 20
  • 22. Base pay increases • Executives • Management • Professional • Office/clerical/technical • Trades/production service Page 22
  • 24. Merit increase budgets 1 of 2 • Consumer products • Electric and gas utilities • Financial services • Healthcare • Insurance • Manufacturing • Media • Oil/gas/services • Pharmaceutical/chemical • Professional services Page 24
  • 25. Merit increase budgets 2 of 2 • Real estate/construction • Restaurants/hospitality • Retail/wholesale • Technology • Transportation and transportation services Page 25
  • 26. Drill B Page 26
  • 27. Drill B Page 27
  • 28. Pay trends-engineering and manufacturing Page 28
  • 29. Pay trends-engineering and manufacturing 1 of 2 • Electrical engineer • Engineering director • Engineering manager • Environment health & safety manager • Machine operator • Manufacturing engineer • Mechanical engineer • Plant manager Page 29
  • 30. Pay trends-engineering and manufacturing 2 of 2 • Production technician • Process engineer • Quality assurance engineer • Quality assurance manager • Welder Page 30
  • 32. Pay trends-hospitals • Chief Executive Officer • Other executives • Nursing • Professional/technical • Administration • Support services Page 32
  • 33. Pay trends-HR Page 33
  • 34. Pay trends-HR 1 of 4 EXECUTIVES • HR with labour relations • HR without labour relations • Compensation and benefits • Talent management • Labour relations • Compensation • Benefits • Training and development • Environmental, health and safety • HRIS
  • 35. Pay trends-HR 2 of 4 NON-EXECUTIVES • Compensation and benefits generalist/multidiscipline • Labour relations discipline • Organization development discipline • Recruitment-management discipline • Employee relations discipline • Compensation generalist/multidiscipline Page 35
  • 36. Pay trends-HR 3 of 4 NON-EXECUTIVES • Environmental science discipline • Environmental, health and safety with no applicable discipline • Safety discipline • Equal opportunities discipline Page 36
  • 37. Pay trends-HR 4 of 4 NON-EXECUTIVES • HRIS discipline • Industrial hygiene discipline • HR generalist/consultant generalist/multidiscipline • Recruitment- professional/technical discipline Page 37
  • 38. Pay trends-IT Page 38
  • 39. Pay trends-IT 1 of 3 • IT Manager • Information Architect • Systems Architect • Data Architect • Project Manager • Security Engineer • Systems Developer • Network Design • MIS Manager • Software Engineer • Database Developer Page 39
  • 40. Pay trends-IT 2 of 3 • Database Administrator • Applications Developer • Business Analyst • Client/Server Developer • Security Analyst • Programmer/Analyst • Technical Writer • QA Tester • Network Engineer • Web Developer/Programmer Page 40
  • 41. Pay trends-IT 3 of 3 • IT Technical Training • Systems Administrator • Web Administrator • Network Manager • Web Designer • Technical Support • Desktop Support Specialist • Help Desk • PC Technician Page 41
  • 43. Pay trends-public relations 1 of 2 AGENCIES • EVP • SVP • VP • Account supervisor • Senior account executive • Account executive Page 43
  • 44. Pay trends-public relations 2 of 2 CORPORATE COMMUNICATIONS • SVP • VP • Director • Manager • Communications specialist Page 44
  • 45. Pay trends-retail Page 45
  • 46. Pay trends-retail • Executive/senior management • Middle management/seasoned professional • Supervisory/junior professional • Clerical/operations people Page 46
  • 47. Case studies Page 47
  • 48. Case studies Page 48