2012 Talent Management & Rewards Study
|
|
- Aldous Malone
- 7 years ago
- Views:
Transcription
1 2012 Talent Management & Rewards Study The Next High Stakes Quest: Balancing Employer and Employee Priorities Presentation to Prince William SHRM January 9, 2013 Theresa Lynch 2012 Towers Watson. All rights reserved.
2 Companies face serious challenges when it comes to attraction, retention and engagement of talent. Our research reveals what it takes to get it right. 5X Companies that have adopted an increasingly integrated approach to Total Rewards strategy, design and delivery decisions supported by an overarching Employee Value Proposition are: more likely to report their employees are highly engaged 2X more likely to report achieving financial performance significantly above their peers 2
3 About the survey The 2012 Talent Management & Rewards Survey 17th annual study of employers views on trends and issues in rewards and talent management 1,605 participants 30 markets Fielded between April and June of 2012 Employee views captured via our Global Workforce Study 32,000 full-time workers 29 markets globally Fielded between February and May of % TM&R participants by region 25% 26% 41% AP EMEA LA NA 3
4 Discussion outline The strategic value of the Employee Value Proposition (EVP) Towers Watson EVP & Total Rewards Index The EVP and better outcomes Building blocks for effective design and delivery Best practices in design and delivery Processes and tools to support effective execution Conclusion 4
5 The Strategic Value of the EVP The EVP and Total Rewards Index and Outcomes 5
6 A company s Employee Value Proposition (EVP) and Total Rewards portfolio should stem directly from business strategy 6
7 The evolution of an effective EVP and Total Rewards strategy We defined four groups of organizations based on our EVP and TR Index Tactical Group 1 32% Have not progressed in formally articulating an EVP or in developing a total rewards strategy Integrated and Strategic Group 2 26% Have formally articulated an EVP and adopted a Total Rewards approach Greater focus on an integrated strategy for managing rewards and talent management Have stated objectives for each reward and talent management program Communicating and Delivering Group 3 23% Have effectively communicated their EVP to employees and delivered on their EVP promises Have differentiated their EVP from other organizations with whom they compete for talent Group 3 has accomplished the steps described for Groups 2 and 3 Group 4 has accomplished the steps described for Groups 2, 3 and 4 Segmenting and Differentiating Group 4 18% Have customized EVPs for critical workforce segments More likely to employ organizational analytics to test the effectiveness of total rewards programs 7
8 Organizations that have progressed their EVP and Total Rewards strategy are less likely to report attraction and retention Global Fast-growing economies Developed economies 100% Group 1 Group 4 Group 1 Group 4 Group 1 Group 4 90% 86% = Global sample 80% 70% 73% 70% 75% 66% 72% 78% 60% 60% 58% 60% 50% 50% 49% 56% 40% 40% 30% 20% 10% 0% Problems attracting critical-skill employees Problems retaining critical-skill employees Source: Towers Watson 2012 Talent Management and Rewards Study Global. 8
9 Organizations that have progressed their EVP and Total Rewards strategy are realizing better financial and engagement outcomes 50% Global Group 1 Group 4 Fast-growing economies Group 1 Group 4 Developed economies Group 1 Group 4 = Global sample 40% 30% 28% 30% 27% 30% 26% 22% 20% 14% 13% 16% 19% 13% 10% 6% 6% 7% 0% Financial performance is substantially above peer group Highly engaged workforce Source: Towers Watson 2012 Talent Management and Rewards Study Global. 9
10 Building Blocks for Effective Total Rewards Design & Delivery From Job Architecture to Workforce Segmentation 10
11 Companies with a highly effective EVP are more likely to have a common job architecture and linked reward and career programs Formal job architecture accompanied by a systematic approach to job leveling establishes the basis for consistency and integration in the design of talent management and reward programs Group 1 Group 2 Group 3 Group 4 My company has a common job architecture that is used to define all jobs 60% 72% 79% 87% The reward and career programs at my organization are linked to a common job architecture 48% 67% 78% 82% Pay progression is aligned with career progression at my organization 65% 78% 84% 87% Source: Towers Watson 2012 Talent Management and Rewards Study Global. Percentage agreeing with the above statements 11
12 Aligning competencies to job levels correlates with more effective performance management processes Organizations with a job architecture, global job leveling and scaled competencies report higher levels of performance management effectiveness JA, Job Leveling and Scaled Competencies Other Organizations Percentage Difference Percentage agreeing that their organization's performance management process is effective at Creating a high performance culture Incorporating competencies into our performance management process Incorporating career development into the performance 73% 63% 44% 36% 66% 75% management process 57% 31% 84% Percentage agreeing managers are effective at Conducting career development discussions as part of the performance management process Explaining possible career opportunities or available career paths Utilizing performance results to determine development 51% 42% 28% 23% 82% 83% plans 60% 31% 94% Source: Towers Watson, 2012 Talent Management and Rewards Study Global. 12
13 Aligning competencies to job levels supports higher effectiveness around pay Organizations with a job architecture, global job leveling and scaled competencies report being more effective at linking pay to performance Percentage agreeing that their organization's performance management process is effective at Linking salary increases to individual performance results Linking bonus payouts to individual performance results Differentiating pay based on performance even for employees who receive the same performance rating JA, Job Leveling and Scaled Competencies 82% 79% 60% Other Organizations 57% 61% 39% Percentage Difference 44% 30% 54% Percentage agreeing managers are effective at Fairly reflecting overall performance in the employee's final performance rating Differentiating performance between high and low performers Fairly reflecting performance in pay decisions 75% 76% 74% 48% 48% 49% 56% 58% 94% Source: Towers Watson, 2012 Talent Management and Rewards Study Global. 13
14 More highly effective EVP organizations are more likely to segment their workforces and communicate In all but the most effective EVP companies (Group 4), fewer than half of employees identified as high-potential have been informed of their status This creates a retention risk for a workforce segment that is hard to attract and retain Group 1 Group 2 Group 3 Group 4 Formally identifies employees with critical skills 38% 64% Formally identifies top-performing employees 54% 76% Formally identifies high-potential employees 47% 69% 69% 82% 74% 81% 87% 88% Informs employees who have been identified as high-potential employees 23% 33% 38% 65% Percentage agreeing that their organization fulfills these statements Source: Towers Watson 2012 Talent Management and Rewards Study Global. 14
15 Best Practices in Design & Delivery Getting Total Rewards Right 15
16 An effective Total Rewards strategy optimizes the Total Rewards portfolio to meet business and workforce objectives 16
17 Foundational rewards: Base pay is the #1 driver of attraction and retention globally Organizations need to ensure the baseline competitiveness of salaries to support their attraction and retention goals Organizations with high EVP and TR Index scores are about 90% more likely to report that their base pay program supports attraction and retention goals Percentage agreeing with statements about the way the base pay program is currently designed and implemented Group 1 Group 2 Group 3 Group 4 Employees understand how their base pay is determined 39% 61% 63% 75% Our managers execute our base pay program well 38% 54% 67% 72% Our base pay program supports our attraction and retention goals Our base pay program supports our long-term business goals, strategy and objectives 42% 62% 67% 82% 40% 51% 65% 76% Our base pay program supports our desired culture 34% 54% 64% 79% Sources: Towers Watson 2012 Global Workforce Study, 2012 Talent Management and Rewards Study Global. 17
18 Performance-based rewards: Achieving best practice in annual incentive design and delivery Group 4 companies are more likely to indicate effective execution of STI programs Short-term Incentive Programs Employees understand how their short-term incentive payouts are determined Our managers execute our short-term incentive programs well Our short-term incentive programs support our desired culture Group 1 Group 2 Group 3 Group 4 51% 73% 76% 83% 44% 58% 65% 83% 34% 60% 71% 84% Source: Towers Watson 2012 Talent Management and Rewards Study Global. 18
19 Performance-based rewards: Well-designed recognition programs reinforce desired culture, behaviors and results Recognition programs are better received when offered in the context of a highly effective EVP Group 4 organizations report better outcomes across the board in relation to design and implementation of recognition programs Percentage agreeing with statements about performance-based recognition at their organization 85% 65% 45% 87% 77% 72% 47% 76% 61% 53% 33% 88% 80% 70% 54% 83% 75% 60% 41% Group 4 Group 3 Group 2 Group 1 25% Employees understand how recognition awards are determined Our managers execute our recognition programs well Our recognition programs support our desired culture Recognition programs have a specific role in our Total Rewards portfolio Source: Towers Watson, 2012 Talent Management and Rewards Study Global. 19
20 Career & environmental rewards: Leadership is the top driver of sustainable engagement While employers rate their leadership development programs highly; a majority of employees express concerns about leadership interest and support Effectiveness of leadership development programs increases as the EVP evolves Our organization s leadership development programs (percentage agreeing): Group 1 Group 2 Group 3 Group 4 Support attraction and retention goals 61% 66% 84% 89% Support long-term business goals, strategy and objectives 75% 93% 85% 94% Support the desired culture 75% 85% 84% 94% Sources: Towers Watson 2012 Global Workforce Study, 2012 Talent Management and Rewards Study Global. 20
21 Processes and Tools to Support Effective Execution Performance Management, Effective Managers, Technology & Monitoring 21
22 Performance management: Clarity of goals and objectives is a top driver of sustainable engagement Communication and differentiation are critical to effective performance management Group 4 organizations are twice as likely as those with less evolved EVPs to report that their performance management program creates a high-performance culture and are three times more likely to incorporate career development into the performance management process Percentage agreeing that their performance management process is effective at the following 90% 70% 50% 30% 80% 66% 56% 45% 78% 67% 61% 46% 45% 37% 32% 30% 66% 39% 35% Group 4 Group 3 Group 2 Group 1 10% Communicating expectations for organizational performance Creating a highperformance culture Incorporating competencies into our performance management process 19% Incorporating career development into the performance management process Sources: Towers Watson 2012 Global Workforce Study, 2012 Talent Management and Rewards Study Global. 22
23 Performance management: Differentiating pay based on performance Group 4 organizations are twice as likely as those with less evolved EVPs to report that their performance management process supports differentiating pay based on performance Percentage agreeing that their performance management process is effective at the following 85% 65% 45% 81% 69% 64% 46% 79% 72% 66% 49% 85% 80% 74% 58% 66% 50% 42% Group 4 Group 3 Group 2 Group 1 25% Linking salary increases to individual performance results Linking bonus payouts to individual performance results Linking bonus payouts to organizational performance results 29% Differentiating pay based on performance even for employees who receive the same performance rating Sources: Towers Watson 2012 Global Workforce Study, 2012 Talent Management and Rewards Study Global. 23
24 Manager effectiveness: Relationship with supervisor/manager is a top driver of retention; effective supervision is a top driver of sustainable engagement Investing to improve the effectiveness of managers in HR management yields returns Group 1 Group 2 Group 3 Group 4 Working with employees to set appropriate individual performance goals 34% 54% 62% 70% Giving employees regular coaching and feedback on their performance 20% 39% 48% 64% Differentiating performance between high and low performers 33% 59% 64% 76% Fairly reflecting performance in pay decisions 75% 63% 36% 54% Percentage agreeing that their organization fulfills these statements Sources: Towers Watson 2012 Global Workforce Study, 2012 Talent Management and Rewards Study Global. 24
25 Leveraging available technology tools is essential to effective execution of Total Rewards designs Companies with an execution focus rely on technology to help them prioritize delivery and focus Functional area HRMS system helps meet talent management objectives Compensation - Base pay 78% Total rewards statements 76% Performance management (goal setting, assessment) 77% Compensation - Global grading/job leveling 71% Competency models 65% Career development/planning 61% The Towers Watson Global HR Service Delivery Survey shows effective HR service delivery and operations functions help meet talent management objectives Source: Towers Watson 2012 HR Service Delivery Study - Global 25
26 Monitoring implementation against program objectives supports effective execution Group 4 companies are much more likely to regularly monitor the effectiveness of Total Rewards programs, an essential element to long-term success of program design and delivery Percentage of organizations that monitor the implementation of the following to make sure they are consistent with program objectives and guidelines: Group 1 Group 2 Group 3 Group 4 Rewards programs Recognition programs 47% 69% 76% 86% Base pay programs 49% 68% 75% 89% Short-term incentive programs 51% 71% 80% 90% Long-term incentive programs 41% 65% 67% 80% Sales force compensation programs 51% 70% 75% 86% Talent Management Programs Competency models and aligned behavioral expectations 32% 51% 69% 87% Career management programs 20% 29% 45% 67% Coaching and/or mentoring programs 42% 61% 58% 65% Employee learning and development programs 42% 66% 74% 83% Source: Towers Watson 2012 Talent Management and Rewards Study Global. 26
27 Conclusion The EVP is an effective tool in creating the right balance between employee preferences and employer needs leading to stronger overall performance and improved financial outcomes Improve design and execution of Total Rewards programs Communicate and deliver on promises to employees Segment and differentiate populations for greater engagement and cost management Realize improvements in sustainable engagement and stronger business performance 27
28 Questions 28
For Optimal Sales Force Performance, Pay Is Not Enough
For Optimal Sales Force Performance, Pay Is Not Enough Three must-have elements for optimal sales performance How to develop sustainable engagement of sales professionals How sales managers make a significant
More informationImprove Sales Performance
Improve Performance by Investing In Talent Management Competitive compensation programs have their place in motivating sales teams, but not all sales force performance problems can be solved with money.
More informationThe Next High-Stakes Quest
The Next High-Stakes Quest Balancing Employer and Employee Priorities 2012 2013 Global Talent Management and Rewards Study The Next High-Stakes Quest Balancing Employer and Employee Priorities Table of
More informationOptimizing Rewards and Employee Engagement
Optimizing Rewards and Employee Engagement Improving employee motivation and engagement, and identifying the right total rewards strategy to influence workforce effectiveness. Kevin Aselstine, Towers Perrin
More informationStrategic human resource management toolkit
19 205 Strategic human resource management toolkit The purpose of the toolkit is to provide the basis for conducting a strategic review of human resource management practices in order to develop and implement
More informationGlobal Talent Management and Rewards Study
Global Talent Management and Rewards Study At a glance Overview The 2014 Global Talent Management and Rewards Study provides an in-depth look at the practices and concerns of organisations around the globe.
More information5/30/2012 PERFORMANCE MANAGEMENT GOING AGILE. Nicolle Strauss Director, People Services
PERFORMANCE MANAGEMENT GOING AGILE Nicolle Strauss Director, People Services 1 OVERVIEW In the increasing shift to a mobile and global workforce the need for performance management and more broadly talent
More informationThe Leadership Mystery Defining Leadership Success through Competency Modeling and Workforce Analytics
viapeople Insight - Whitepaper The Leadership Mystery Defining Leadership Success through Competency Modeling and Workforce Analytics Karen N. Caruso, Ph.D. Amanda Seidler, Ph.D. The Leadership Mystery:
More informationRethinking Total Rewards
By: Horace McCormick Program Director UNC Executive Development Website: www.execdev.unc.edu Phone: 1.800.862.3932 Email: unc_exec@unc.edu Introduction T here is a perfect storm brewing in workplaces.
More informationUnderstanding the links between employer branding and total reward
8 September 2010 Understanding the links between employer branding and total reward An overview of our research findings and the implications for reward Limited is authorised and regulated by the Financial
More informationstructures stack up Tom McMullen
Making sure your organization structures stack up October 21, 2009 Tom McMullen Building effective organizations Trends in organization design Optimizing Focusing resources and reducing headcounts Removing
More informationEmployee Engagement FY15. 1. Introduction. 2. Employee Engagement. 3. Management Approach
1. Introduction This document forms part of our Disclosures on Management Approach (DMA) series, prepared in accordance with the Global Reporting Initiative s G4 Guidelines. The DMA series is designed
More informationDriving high performance
Driving high performance Towers Watson s Spring Conference Performance Management: Art or science Phil Merrell and Jim Crawley 12 March 2014 Performance Management Let s remind ourselves what it is - The
More informationREPRIORITIZING WHAT MATTERS MOST: A Focus on Career Management to Drive Business Results
REPRIORITIZING WHAT MATTERS MOST: A Focus on Career Management to Drive Business Results Keith Caver Towers Watson Melissa Jones CSAA IG Renée Smith Towers Watson April 1, 2014 Recent Headlines Highlight
More informationLeading Through Uncertain Times
The Talent Management and Rewards Imperative for 2012 Leading Through Uncertain Times The 2011/2012 Talent Management and Rewards Study, North America By articulating and documenting their employee value
More informationTransform HR into a Best-Run Business Best People and Talent: Gain a Trusted Partner in the Business Transformation Services Group
SAP Services Transform HR into a Best-Run Business Best People and Talent: Gain a Trusted Partner in the Business Transformation Services Group A Journey Toward Optimum Results The Three Layers of HR Transformation
More informationHealthcare in the Midst of Change: Linking Engagement and HR Transformation
Healthcare in the Midst of Change: Linking Engagement and HR Transformation Presented by Warren Cinnick Vice President, Talent Management Trinity Health Sayed Sadjady Talent Management/Org Design Leader,
More informationBenefits make up an important component of the employment. Employee Benefits in a Total Rewards Framework. article Business Case for Benefits
article Business Case for Benefits Employee Benefits in a Total Rewards Framework Benefits represent one of the largest investments a company makes in its talent. However, our tendency can be to design,
More informationRight: People Roles Recognition - Culture
Our HR Strategy sion Vi Our ambitious new strategy requires a workforce which can demonstrate speed and agility; to achieve this we need to recruit, develop and retain people with the right skills, knowledge
More informationConsulting Performance, Rewards & Talent. Making Employee Engagement Happen: Best Practices from Best Employers
Consulting Performance, Rewards & Talent Making Employee Engagement Happen: Best Practices from Best Employers The Challenge Companies across the globe are taking the initiative to administer and manage
More informationTurnover. Defining Turnover
Retaining Talent A guide to analyzing and managing employee turnover; By David G. Allen, Ph.D., SPHR SHRM Foundation s Effective Practice Guidelines Series Defining Turnover Turnover is defined as an employee
More information1/26/2016. Creating Leadership Bench Strength for the Future. Our Expert Panel. Talent Management & Succession Planning.
Creating Leadership Bench Strength for the Future Talent Management & Succession Planning January 26, 2016 Strong leadership is likely the single most important driver of overall organizational performance,
More information2015 Trends & Insights
Asia Pacific Mobility The Asia Pacific Mobility Brookfield Global Relocation Services Trends & Insights report is reflective of the global economy which is strongly tied with the economic realities of
More informationCareer Management. Making It Work for Employees and Employers
Career Management Making It Work for Employees and Employers Stuck in neutral. That s how many employees around the world would describe their career. In fact, according to the 2014 Global Workforce Study,
More informationFollow us: #LINKUS13. Talent Analytics: Big Data Benchmarks, Big Picture Answers
Follow us: #LINKUS13 Talent Analytics: Big Data Benchmarks, Big Picture Answers Follow us: #LINKUS13 Presenters Jeff Facteau, Ph.D. VP, Professional Services, SHL Michael Griffin Executive Director, HR
More information6. Chief human resources officer
6. Chief human resources officer A Chief Human Resources Officer (CHRO) is a corporate officer who oversees all human resource management and industrial relations operations for an organization. Similar
More informationCapitalizing on Effective Communication
Capitalizing on Effective Communication How Courage, Innovation and Discipline Drive Business Results in Challenging Times 2009/2010 Communication ROI Study Report Originally published by Watson Wyatt
More informationJob Architecture and a Career Framework Empower Employees at Piedmont Healthcare
Job Architecture and a Career Framework Empower Employees at Piedmont Healthcare A Case Study Piedmont Healthcare enhances efficiency by focusing on job alignment and job mapping, bringing them one step
More informationSuccession Planning Process
Planning Process INTRODUCTION planning is a systematic approach to: Building a leadership pipeline/talent pool to ensure leadership continuity Developing potential successors in ways that best fit their
More informationTalent Management. Recruiting and Retaining Top Talent Through Technology. Talent. Every organization wants it, and every organization runs
Talent Management Recruiting and Retaining Top Talent Through Technology Summer 2016 Lockton Companies Talent. Every organization wants it, and every organization runs the risk of losing it at some point.
More informationcover story Performance Ratings
cover story Performance Ratings ABANDON PERFORMANCE Performance management is a hot topic with organizations rethinking how they evaluate the work of their employees to improve performance and meet business
More informationEmployee Engagement Drives Client Satisfaction and Employee Success in Professional Services
Employee Engagement Drives Client Satisfaction and Employee Success in In professional services, business success is achieved through employee success. Organizations that prioritize top talent gain competitive
More informationLeveraging the Sales Manager Role to Improve Performance Role and Compensation Design Considerations
Leveraging the Sales Manager Role to Improve Performance Role and Compensation Design Considerations by Darren Tse and Jennifer Frei August 25, 2015 Discussion topics Why should we care about sales manager
More informationThe Truths About Change
The Truths About Change What It Takes to Get It Right A Spotlight on Effective Change Management Based on results from the 2011 2012 Change and Communication ROI Study This year s findings reveal that
More informationHow the Fundamentals Have Evolved and the Best Adapt
Change and Communication ROI The 10th Anniversary Report How the Fundamentals Have Evolved and the Best Adapt 2013 2014 Change and Communication ROI Study Report A Look Back 10 years and Six Groundbreaking
More informationProject Management Office Charter
Old Dominion University Office of Computing and Communication Services Project Management Office Charter Version: 1.0 Last Update: February 18, 2010 Created By: Anthony Fox, PMP OCCS Project Management
More informationHow to Culturally Embed Total Rewards into the DNA of Your Organization
How to Culturally Embed Total Rewards into the DNA of Your Organization Lisa Silcox Senior Communication Consultant Eckler Ltd. Companies spend millions every year providing benefits that employees don
More informationMillennials at Work. Presentation at the 2013 Financial Management Institute PD Week. Presenters. Lori Watson Partner. Ryan Lotan Director
www.pwc.com/ca Millennials at Work Understanding Your Future Workforce Presentation at the 2013 Financial Management Institute PD Week Presenters Lori Watson Partner Ryan Lotan Director Franck Hounzangbe
More informationThe Engagement Outliers
The Engagement Outliers How to Achieve Big Improvements in Employee Engagement October 2013 Consulting Performance, Reward and Talent 2013 Aon plc What Is Required for a Successful Space Mission? A business
More informationRoles and Responsibilities for the Human Resource Business Challenge
Roles and Responsibilities for the In 2006 the BC Public Service began a major change initiative; to reinvent the BC Public Service as an employer. The first corporate human resource plan for the province
More informationThe Missing Link: Driving Business Results Through Pay-for-Performance. For Small & Midsized Businesses. Copyright 2007 SuccessFactors, Inc.
The Missing Link: Driving Business Results Through Pay-for-Performance. For Small & Midsized Businesses Copyright 2007 SuccessFactors, Inc. I. Introduction More successful small and mid-sized companies
More informationHR COMPETENCY DEVELOPMENT OFFERINGS
HR COMPETENCY DEVELOPMENT OFFERINGS HR COMPETENCY DEVELOPMENT We offer a variety of learning experiences designed to build skill, performance, and selfawareness in HR professionals. We have workshops designed
More informationFOCUS MONASH. Strategic Plan 2015 2020
F CUS FOCUS MONASH Strategic Plan 2015 2020 2 Vice-Chancellor s Introduction 4 Over the last half century, Monash University has forged a path that reflects the ambitions of its beginnings and signals
More informationCase Study. We are growing quickly, and Saba is key to that successful growth.
Case Study In the dynamic energy industry, Mansfield Oil one of Forbes 50 Largest Private Companies fuels its employee engagement and retention with a new talent management strategy powered by Saba Software.
More informationThe 360 Degree Feedback Advantage
viapeople Insight - Whitepaper The 360 Degree Feedback Advantage How this powerful process can change your organization Karen N. Caruso, Ph.D. Amanda Seidler, Ph.D. The 360 Degree Feedback Advantage Champions
More informationeperformance Overview Campus Services
eperformance Overview Campus Services Talent Management: A Strategic Priority at Harvard A survey of our peer institutions shows that talent management is becoming a high priority among Universities Developing
More informationSelf-Assessment Duval County School System. Level 3. Level 3. Level 3. Level 4
Standard 1: Purpose and Direction 1.1 The system engages in a systematic, inclusive, and comprehensive process to review, revise, and communicate a system-wide propose for the student success. The system
More informationBuilding a Unique Total Rewards and HR System For A Unique Company At
Building a Unique Total Rewards and HR System For A Unique Company At Since Starbucks isn t your typical company, this isn t a typical case study. Rather than focusing on a single reward program or even
More informationCAREER PATHS IN HUMAN RESOURCE MANAGEMENT. Specializations within the Human Resource Management career path include but are not limited to:
Career Track Snapshot: HUMAN RESOURCE MANAGEMENT Human Resource Management (sometimes referred to as Human Capital or Organizational Development) is a critical function which is evolving, and handled in
More information7 DRIVERS FOR BUILDING EMPLOYEE ENGAGEMENT: FROM HIRE TO RETIRE
7 DRIVERS FOR BUILDING EMPLOYEE ENGAGEMENT: FROM HIRE TO RETIRE Insights from Ceridian s 4th Annual Pulse of Talent Survey EXECUTIVE SUMMARY The insights provided by more than 800 working Canadians show
More informationThe Insightlink 4Cs. Employee Survey Feedback and Action Planning Workbook
Insightlink Communications 80 South Lake Ave. Suite 680 Pasadena, CA 91101 USA w w w.insightlink.com - Tel: 866.802.8095 - Email: info@insightlink.com This guide is designed as a workbook to enable HR
More informationTalent as a Top Priority and Challenge
Talent as a Top Priority and Challenge Talent is viewed as source of competitive advantage and driver of performance, but it remains a challenge for today s organizations. Mercer s 2013 Talent Barometer,
More informationEight Recommendations to Improve Employee Engagement
REWARD STRATEGY AND PRACTICE Eight Recommendations to Improve Employee Engagement Tom McMullen, Hay Group * To start, let's de ne employee engagement as the level of commitment that employees feel toward
More informationPROJECT MANAGEMENT SALARY SURVEY 2014
ESI INTERNATIONAL ASIA PACIFIC PROJECT MANAGEMENT SALARY SURVEY 2014 An ESI International study SURVEY OBJECTIVES The inaugural Asia Pacific project management salary survey conducted by ESI International
More informationBuilding HR Capabilities. Through the Employee Survey Process
Building Capabilities Through the Employee Survey Process Survey results are only data unless you have the capabilities to analyze, interpret, understand and act on them. Your organization may conduct
More informationSales effectiveness and rewards
effectiveness and rewards Driving sales force performance As no single solution can provide the sales lift organisations seek, leading companies need to develop increasingly sophisticated approaches that
More informationJob levelling solutions
Towers Watson Job levelling solutions Global Grading System and Career Map Towers Watson s systematic approach to job levelling helps organisations manage the opportunities and challenges of rewards and
More informationCreating Line of Sight
Creating Line of Sight How to Get to the Bottom Line Through Your Employees Presented by: Ed Krow, SPHR, CCP, CHCM Objectives Identify key behaviors of all levels of employees and the link between those
More informationModern Performance Management and Next-Generation Recognition and Rewards
Modern Performance Management and Next-Generation Recognition and Rewards Stacia Sherman Garr Senior Analyst, Bersin & Associates Copyright 2011 Bersin & Associates. All rights reserved. About Bersin &
More informationPersonal Development Plan
I. ESTABLISH FOCUS and DIRECTION Personal Development Plan Provide better planning and structure to meetings Establish formal meeting agenda to be used during my 1:1 with direct reports, senior staff meetings,
More informationStop Tying Pay to Performance Really?
Stop Tying Pay to Performance Really? The POE Group, Inc. National management consulting firm est. in 1997 located in the Tampa Bay Area Clients range from small firms to the F1000 Areas of Expertise Executive
More informationHR Trends & Priorities for 2012. McLean & Company 1
HR Trends & Priorities for 2012 McLean & Company 1 Executive Summary McLean & Company fielded its 2012 HR Priorities Survey with both HR and business respondents. Of the seven main areas in HR, Leadership
More informationExplore the Possibilities
Explore the Possibilities 2013 HR Service Delivery Forum Client Story: Aetna Integrated Talent Management and Compensation on One Platform Leads to Success 2013 Towers Watson. All rights reserved. Agenda
More informationThe Importance of Succession Planning and Best Practices. Shellie Haroski, SPHR
The Importance of Succession Planning and Best Practices Shellie Haroski, SPHR Questions to consider What percentage of your employees will retire in the next 5 years? 10 years? What percentage of your
More informationEmployee Engagement Survey 2015. Nova Scotia Government-wide Report
Employee Engagement Survey 2015 Nova Scotia Government-wide Report Employee Engagement Survey 2015 This summary report provides information on the state of employee engagement in the Nova Scotia public
More informationOnline Performance Appraisal Tools Imagine the Possibilities. www.hr-consulting-group.com
Online Performance Appraisal Tools Imagine the Possibilities Agenda Online vs. Paper? Possibilities Features/Benefits Options Software Review Costs Q & A Trends HR continues to move to internet or web-based
More information1. LEADERSHIP 90 INFORMATION & ANALYSIS STRATEGIC QUALITY PLANNING 4. HUMAN RESOURCE DEVELOPMENT & MANAGEMENT 150
MANAGEMENT EFFECTIVENESS If you are interested in achieving quality management, service excellence and customer satisfaction, this is the audit used by Ritz Carlton to earn the national quality award.
More informationVice President Sales Operations Job Description
SALES FORCE JOB DESCRIPTIONS Vice President Sales Operations Job Description The Sales Management Association +1 312 278-3356 www.salesmanagement.org 2008 The Sales Management Association. All Rights Reserved.
More informationHuman Resources Management
Human Resources (08/15/16) Human Resources Human resources managers are an integral part of the leadership team charged with directing complex organizations and a diverse workforce. Managing people and
More informationA SilkRoad TalentTalk Whitepaper. Talent Management in Higher Education The Way Forward
A SilkRoad TalentTalk Whitepaper Talent Management in Higher Education The Way Forward 1 // Talent Management in Higher Education: The Way Forward Institutions of higher education face many challenges
More informationHR certification: basic course
HR certification: basic course What makes the program unique: It is a modular program covering all major areas of the integrated talent It combines theoretical and practical training components Trainings
More informationWhat specific talent groups will be necessary to achieving strategic business goals?
NORTH AMERICAN CRITICAL TALENT FEB 2014 INTRODUCTION In August 2013, Mercer surveyed Canadian and US organizations regarding their critical talent practices. As the economy cautiously rebounds, global
More informationSales Compensation Programs and Practices. research. A report by WorldatWork October 2010
Sales Compensation Programs and Practices research A report by WorldatWork October 2010 Contact: WorldatWork Customer Relations 14040 N. Northsight Blvd. Scottsdale, Arizona USA 85260-3601 Toll free: 877-951-9191
More informationBenefit Cost Savings Through Strategic Evaluation TINA MARIE WOHLFIELD, SPHR, SHRM-SCP MASB FALL CONFERENCE, OCTOBER 23, 2015
Benefit Cost Savings Through Strategic Evaluation TINA MARIE WOHLFIELD, SPHR, SHRM-SCP MASB FALL CONFERENCE, OCTOBER 23, 2015 The Financial Influence Are you leveraging your financial resources to maximize
More informationIntroducing Market Pricing and Broad Bands
Introducing Market Pricing and Broad Bands A New Compensation System for Boston College Administrative and Support Staff Presentation to Staff Fall 2008 Why A New System? The need for an updated salary
More informationImproving Employee Engagement to Drive Business Performance
w h i t e p a p e r Improving Employee Engagement to Drive Business Performance A Softscape White Paper May 2008 The Employee Engagement Revelation Executive leaders and human resources (HR) practitioners
More informationxxxxx Council Workforce Planning for the xxxxx HR Function Consultancy Proposal xxxxx
Ways HR Consulting Ltd 1 Portland Street Manchester, M1 3BE T. 0870 890 9882 F. 0871 431 0655 E. enquiries@wayshrc.com Council Workforce Planning for the HR Function Consultancy Proposal Prepared for:
More informationSTRATEGIC ALIGNMENT AND CAPACITY BUILDING FOR THE HR COMMUNITY
STRATEGIC ALIGNMENT AND CAPACITY BUILDING FOR THE HR COMMUNITY An Overview Designing, driving and implementing people management strategies, processes and projects for real business value HR Strategic
More informationHow to Upgrade Hotel Sales and Revenue Management Incentive Practices and Improve Plan Satisfaction
ZS and the HSMAI Foundation IPR Executive Summary How to Upgrade Hotel Sales and Revenue Management Incentive Practices and Improve Plan Satisfaction Tony Yeung ZS and the HSMAI Foundation IPR Executive
More informationCHANGING HRM PRACTICES WITH SPECIAL REFERENCE TO RETENTION POLICIES AT TCS
CHANGING HRM PRACTICES WITH SPECIAL REFERENCE TO RETENTION POLICIES AT TCS Ms. Ruchita Petkar Asst. Professor ATSS CBSCA, Chinchwad, Pune Dr. Suhas Sahasrabudhe Principal CSIT, Shahu Nagar, Pune Abstract:
More informationClass & Labor Implementation Committee Summarized Report of Action Steps & Ongoing Owners
Class & Labor Implementation Committee Summarized Report of Action Steps & Ongoing Owners The Class & Labor Implementation Committee has 17 members and began meeting in March 2013 to advice on the implementation
More informationKeywords- Talent Management, retain, Talent Management a part of an organizational structure.
Talent Management Nitesh Jaiswal Student PGDM MIT-school of business Pune. Abstract Despite of being of significance importance till today organizations are not approachable to Talent Management, they
More information2009 Talent Management Factbook
2009 Talent Management Factbook Executive Summary Karen O Leonard Principal Analyst May 2009 BERSIN & ASSOCIATES RESEARCH REPORT V.2.0 2009 Talent Management Factbook: Executive Summary i The Bersin &
More informationCLASS SPECIFICATION Human Resources Site Team Manager
City of Portland Job Code: 30000524 CLASS SPECIFICATION Human Resources Site Team Manager FLSA Status: Union Representation: Exempt Nonrepresented GENERAL PURPOSE Under general direction, serves on the
More informationBY KARI VAN DYKE VICE PRESIDENT & SALES LEADER RICHARDSON
BY KARI VAN DYKE VICE PRESIDENT & SALES LEADER All the time, money, and effort that go into hiring sales employees can be wasted if the right program isn t in place to bring them on board quickly and effectively.
More informationWINNING THE TALENT WAR ON THE HOME FRONT A GUIDE TO RETAINING TALENT USING REWARDS AND RECOGNITION
EXECUTIVE SUMMARY WINNING THE TALENT WAR ON THE HOME FRONT A GUIDE TO RETAINING TALENT USING REWARDS AND RECOGNITION In his book, War Memoirs, former British Prime Minister Lloyd George opined, the home
More informationCreating Line of Sight
Creating Line of Sight How to Get to the Bottom Line Through Your Employees Presented by: Ed Krow, SPHR, CCP, SHRM-SCP, CHCM Objectives Identify key behaviors of all levels of employees and the link between
More informationTALENT MANAGEMENT A LINK TO BUSINESS STRATEGY
TALENT MANAGEMENT A LINK TO BUSINESS STRATEGY Lets talk strategy Lets talk Value Creation/ Value Drivers 2 The Key Question????? What are the key value drivers/ thematic areas in our organizations? What
More informationConsulting Performance, Rewards & Talent. Measuring the Business Impact of Employee Selection Systems
Consulting Performance, Rewards & Talent Measuring the Business Impact of Employee Selection Systems Measuring the Business Impact of Employee Selection Systems Many, if not all, business leaders readily
More informationBUILDING A SUCCESSFUL BUSINESS CASE FOR TALENT MANAGEMENT TECHNOLOGY By Kelly McCombs and Tim Welsh, AON Hewitt
BUILDING A SUCCESSFUL BUSINESS CASE FOR TALENT MANAGEMENT TECHNOLOGY By Kelly McCombs and Tim Welsh, AON Hewitt Introduction Human Resources today sits smack-dab in the middle of the most compelling and
More information2015 UC STAFF ENGAGEMENT SURVEY RESULTS. January 12, 2016
2015 UC STAFF ENGAGEMENT SURVEY RESULTS January 12, 2016 AGENDA CUCSA Staff Engagement Survey background 2012 Staff Engagement Survey- outcomes and action items 2015 Staff Engagement Survey Results Our
More informationstrategic Building fit for today and fit for the future
Building strategic HR fit for today and fit for the future Given the increasing executive focus on people and talent, HR has an unprecedented opportunity to position itself as a true strategic partner
More informationPeople Strategy in Action
People Strategy in Action Welcome to Our People Strategy 2 The Bausch + Lomb People Strategy The Bausch + Lomb People Strategy 3 Introduction Transforming our company through our people Our transformation
More informationIt s All About Talent
It s All About Talent Strategies for Bolstering Your Employer Value Proposition A Discussion on Total Rewards TR/Strategy Mid-South Benefits (Nashville) May 15, 2015 It s All About Talent Strategies for
More informationLeadership and Innovative Management Center of Excellence
Leadership and Innovative Management Center of Excellence This center has developed a unique vision of how to help each client pave their way to greater success. Today's challenging economy calls for global
More information4.1 Identify what is working well and what needs adjustment. 4.1.1 Outline broad strategies that will help to effect these adjustments.
(Overview) Step 1 Prepare 1.1 Identify specific issues or choices that the planning process should address. 1.2 Develop an organizational profile. 1.3 Identify any information that must be collected to
More informationTALENT TRENDS AND PRIORITIES 2016
HEALTH WEALTH CAREER TALENT TRENDS AND PRIORITIES 2016 WEBCAST 27 APRIL HEALTH WEALTH CAREER 2016 GLOBAL TALENT TRENDS KEY FINDINGS TODAY S SPEAKERS EPHRAIM SPEHRER-PATRICK EuroPac Talent Strategy Practice
More informationTheory of Action Statements - Examples
Theory of Action Statements - Examples E. Robin Staudenmeier, Principal Consultant System of Support and District Intervention Division March 24, 2014 1. Establish specific district wide Goals and Objectives
More informationGuide To Employee Onboarding Programs. How To Engage New Hires From Day One
Guide To Employee Onboarding Programs How To Engage New Hires From Day One The business environment moves fast. It is constantly evolving. New technologies are introduced, processes are optimized, and
More informationFostering employee engagement, A Critical competency for HR practitioners
Rochester Institute of Technology RIT Scholar Works Presentations and other scholarship 2008 Fostering employee engagement, A Critical competency for HR practitioners Donna Dickson Follow this and additional
More information