hr-it'2013. Леся Бобык. Доклад "Компенсационные пазлы...
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HR-IT'2013. Леся Бобык. Доклад "Компенсационные пазлы в It"TRANSCRIPT
Compensation PUZZLES in IT
Lesya Bobyk, HR Director at SoftServe Inc, For HT IT Conference
What wakes your company CEO
up at night?
MOTIVATION
SATISFACTION
RETENTION
ATRACTION
SELF- ACTUALIZATION
MOTIVATION
SATISFACTION
RETENTION
ATRACTION
SELF- ACTUALIZATION
MOTIVATION
SATISFACTION
RETENTION
ATRACTION
SELF- ACTUALIZATION
Wage Salary
Reward
Compensation
Reward System
Intrinsic Rewards
Extrinsic Rewards
Nonfinancial Financial
Direct Compensation
Base Wage/Salary
Merit & Incentives
COLA ( or CCA)
Indirect Compensation
Day-offs/Vacation
Protection programs
Employee Services &
Perks
Wage & Salary
Factors Influence Wage and Salary Structure
Organization’s ability to pay Supply and demand for labor Prevailing market rate Cost of living Job requirements Managerial attitudes Psychological and sociological factors
Salary Determination Process St
ep 1
Job Description
Step
2
Job Evaluating
Step
3
Salary Market Analysis
Step
4
Salary Structure
Step
5
Salary Payment
Wage & Salary
Concept
Performance Based
Grades Based
Competency Based
Wage and Salary Review Process
Monthly Salary Review Meeting
Employee’s Salary
Line Manager
Employee Career Advisor
Wage and Salary Review Process
Salary Review Rules
Employee’s
Salary
Salary Review Reason
Next Salary Review Steps
Salary Ranges
Frequency
% Increase
Wage and Salary Review Process
Salary Communication Rules
Why!
How much!
Why! Next
Steps!
Merit & Incentives
Short Term
• Technical Interviewer
• Internal Trainer
• Competency Expert
• Referral Bonus
• etc
Long Term
• Performance Bonus
• Profit Sharing
• Stock Options
• Period of Services
• etc
M&I Category
Individual Managerial Corporate
Piece Rate Gain Sharing Profit Staring
Bonuses Quality Improvement ESOP
Special Recognition Cost Reduction Deferred Compensation
M&I Levels Difference
Key Compensation Metrics
• % Salary of Revenue • Average Salary • Above Salary Ranges
Company-Related Outcomes
Forecasting ability Workforce flexibility Increase effectiveness of work teams Increase employee’s output per month Career-enhancement opportunity
HR-Related Outcomes
Job evaluation needs endorsement from management Compensation policy education Periodical policy review Take feedback from people
People do what they do to satisfied their needs
Long term security vs. sudden higher $sum
What you see is not what you get
As you sow, so you reap
To the End