HUMAN RESOURCES REVIEW Q 3 Financial Year 2015
- Slides: 10
HUMAN RESOURCES REVIEW Q 3, Financial Year 2015 -16 - Chandeep Chhabra
This financial year we worked on 2 key areas… Rewards & Recognition Compensation & Benefits
Rewards & Recognition Future CEO (Quarterly) Classified and Confidential | www. goodly. co. in Trainer’s Reward (Quarterly) On the Spot (Monthly) Rewards and Recognition The Pioneers (Monthly) 3
Rewards & Recognition Future CEO Trainer’s Reward (Quarterly) “ On the Spot The Pioneers (Monthly) Recognize leadership qualities & superior talent (Monthly) ” John Daniel, Head AMZ 27% increase in the profit for AMZ 98% team satisfaction score in the recent employee survey Classified and Confidential | www. goodly. co. in Rewards and Recognition 4
Rewards & Recognition Future CEO Trainer’s Reward (Quarterly) “ (Quarterly) On the Spot (Monthly) The Pioneers (Monthly) Recognize outstanding behavior of trainers that lead directly to the accomplishments of the organizational goals ” Inga Napper, SME Functional Training Alph Eve , SBM on Communication Skills 20% increase in productivity of employees 60 batches with 6000 man-days covered 39% increase in positive feedback 84 batches with 5040 man-days covered Classified and Confidential | www. goodly. co. in Rewards and Recognition 5
Rewards & Recognition Future CEO Trainer’s Reward (Quarterly) On the Spot (Quarterly) “ The Pioneers (Monthly) Recognize employees for their day-to-day efforts in Organizational development April 2015 May 2015 ” June 2015 Duke Person, Project Lead, Delivery Alma Steve, Senior Executive-HR Frank Fule, Manager-Administration 100% projects delivered projects Zero escalations Zero delivery errors 4 x increase in employee engagement activities 35% decrease in administrative cost Classified and Confidential | www. goodly. co. in Rewards and Recognition 6
Rewards & Recognition Future CEO Trainer’s Reward (Quarterly) On the Spot (Quarterly) (Monthly) The Pioneers (Monthly) individuals who have made significant contributions and “ Recognizeconstant efforts towards the growth of business ” April 2015 May 2015 Algena Alton, Senior Media Manager Frero Pinto, Delivery Manager, Project Pal Kame, Delivery Manager 100% achievement on KRAs 25% raise in market presence with no increase in budget $3 million of additional business with 5 years recurring revenue Zero attrition in this Qtr. 99% escalations handled on time Classified and Confidential | www. goodly. co. in Rewards and Recognition June 2015 7
Compensation & Benefits Groways Consultants 27% Less CTC as compared to similar companies + Salary = CTC ++ Variable Pay Salary Old CTC Structure Classified and Confidential | www. goodly. co. in = CTC Variable ESOP Pay New CTC Structure Compensation & Benefits 8
Compensation & Benefits A deep dive into how this going to look like… Does that mean increase in expenses? 1 11 10 Salary Valuation Bonus 36% Higher CTC ESOP Profitability 4 Employee Performance & Productivity 1 15 10 It means increase in Salary Bonus ESOP Classified and Confidential | www. goodly. co. in Shareholder Value! CTC Compensation & Benefits 9
Timelines Increments, Promotions & Bonuses announced ESOP Plan announced Jan 2016 Classified and Confidential | www. goodly. co. in Mar 2016 1 Months Apr 2016 Valuation Exercise for ESOP Plan Go Live ! Compensation & Benefits With new CTC Structure 10
- 2015 calendar year
- Iso 9001 2015 awareness training
- Management review iso 9001 version 2015 muster
- Becker and smith cpas performs a financial statement
- Transformation process
- Fixed resources definition
- Renewable vs nonrenewable resources worksheet
- Year 6 memories poem
- Human development report 2015
- Outdoor recreation resources review commission
- Mid year budget review