HUMAN RESOURCES REVIEW - Chandeep Chhabra Q3, Financial Year 2015-16.

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Presentation transcript:

HUMAN RESOURCES REVIEW - Chandeep Chhabra Q3, Financial Year

This financial year we worked on 2 key areas… Rewards & Recognition Compensation & Benefits

Classified and Confidential | 3 Rewards and Recognition Rewards & Recognition Future CEO (Quarterly) The Pioneers (Monthly) On the Spot (Monthly) Trainer’s Reward (Quarterly)

Classified and Confidential | 4 Rewards and Recognition Rewards & Recognition Future CEO (Quarterly) The Pioneers (Monthly) On the Spot (Monthly) Trainer’s Reward (Quarterly) John Daniel, Head AMZ 27% increase in the profit for AMZ 98% team satisfaction score in the recent employee survey “ Recognize leadership qualities & superior talent ”

Classified and Confidential | 5 Rewards and Recognition Rewards & Recognition Future CEO (Quarterly) The Pioneers (Monthly) On the Spot (Monthly) Trainer’s Reward (Quarterly) “ Recognize outstanding behavior of trainers that lead directly to the accomplishments of the organizational goals ” Inga Napper, SME Functional Training 20% increase in productivity of employees 60 batches with 6000 man-days covered Alph Eve, SBM on Communication Skills 39% increase in positive feedback 84 batches with 5040 man-days covered

Classified and Confidential | 6 Rewards and Recognition Future CEO (Quarterly) The Pioneers (Monthly) On the Spot (Monthly) Trainer’s Reward (Quarterly) Rewards & Recognition “ Recognize employees for their day-to-day efforts in Organizational development ” Duke Person, Project Lead, Delivery 100% projects delivered projects Zero escalations Zero delivery errors April 2015 Alma Steve, Senior Executive-HR 4 x increase in employee engagement activities May 2015 Frank Fule, Manager-Administration 35% decrease in administrative cost June 2015

Classified and Confidential | 7 Rewards and Recognition Future CEO (Quarterly) The Pioneers (Monthly) On the Spot (Monthly) Trainer’s Reward (Quarterly) Rewards & Recognition “ Recognize individuals who have made significant contributions and constant efforts towards the growth of business ” Algena Alton, Senior Media Manager 100% achievement on KRAs 25% raise in market presence with no increase in budget April 2015 Frero Pinto, Delivery Manager, Project $3 million of additional business with 5 years recurring revenue May 2015 Zero attrition in this Qtr. 99% escalations handled on time June 2015 Pal Kame, Delivery Manager

Classified and Confidential | 8 Compensation & Benefits Groways Consultants 27% Less CTC as compared to similar companies SalaryVariable Pay + CTC = ESOP + SalaryVariable Pay CTC += Old CTC Structure New CTC Structure

Classified and Confidential | 9 Compensation & Benefits A deep dive into how this going to look like… 36% Higher Does that mean increase in expenses? ESOP Valuation Profitability Employee Performance & Productivity It means increase in Shareholder Value!

Classified and Confidential | 10 Compensation & Benefits Timelines Go Live ! With new CTC Structure Jan 2016Mar MonthsApr 2016 Increments, Promotions & Bonuses announced Valuation Exercise for ESOP Plan ESOP Plan announced