1. COMPENSATION Presenter - Marvin Johncilla HUMAN SYSTEMS LIMITED HRMATTs 9th Biennial Conference Hilton Trinidad & Conference Center May 14, 2013

2. HRMATTs 9th Biennial Conference May 13th & 14th, 2013 TRADITIONAL APPROACHES Trust 1 Unions Market Parity External Compensation Job Evaluation 4 2 3 3. HRMATTs 9th Biennial Conference May 13th & 14th, 2013 TRADITIONAL APPROACHES CHALLENGES 1 Place Specific Internal Equity Rewarding Individual Performance Flat-rate Valuation 4 2 3 4. EMERGING COMPENSATION APPLICATIONS TRUTH HRMATTs 9th Biennial Conference May 13th & 14th, 2013 5. HRMATTs 9th Biennial Conference May 13th & 14th, 2013 EMERGING WORK DELIVERY CHALLENGES 1 New work protocols No defined work times No physical place called work Remote Locations 6. HRMATTs 9th Biennial Conference May 13th & 14th, 2013 EMERGING WORK DELIVERY CHALLENGES 2 Emergence of new jobs Jobs emerging with untraditional boundaries What is work 7. HRMATTs 9th Biennial Conference May 13th & 14th, 2013 EMERGING WORK DELIVERY CHALLENGES 3 Definition challenges Cannot be quantified Cannot be easily valued Knowledge Workers 8. HRMATTs 9th Biennial Conference May 13th & 14th, 2013 EMERGING WORK DELIVERY CHALLENGES Technology 4 Stress Decreased Loyalty Employees managing multiple commitments Work-Life Challenges 9. HRMATTs 9th Biennial Conference May 13th & 14th, 2013 EMERGING WORK DELIVERY CHALLENGES 5 Output-based Rewards Ability to differentiate efficiency from effective 10. HRMATTs 9th Biennial Conference May 13th & 14th, 2013 EMERGING WORK DELIVERY CHALLENGES 6 Different promotion expectations Different compensation expectations Young workforce Work Life values 11. HRMATTs 9th Biennial Conference May 13th & 14th, 2013 SOLUTIONS New agreed value of work Definition of work 12. HRMATTs 9th Biennial Conference May 13th & 14th, 2013 SOLUTIONS Consultative Joint determination of compensation 13. HRMATTs 9th Biennial Conference May 13th & 14th, 2013 SOLUTIONS Bonuses Incentive Remuneration Performance Related Pay Pay for results 14. HRMATTs 9th Biennial Conference May 13th & 14th, 2013 SOLUTIONS Value-adding basis Managing talent Bottom line Input vs. Output 15. HRMATTs 9th Biennial Conference May 13th & 14th, 2013 SOLUTIONS Broad- banding Reduction of grade drift Growth possibilities Flexibility 16. HRMATTs 9th Biennial Conference May 13th & 14th, 2013 SOLUTIONS Value of Work Consultative Pay for results Value- adding basis Broad- banding 17. The future of Human Resources Management THE WAY FORWARD HRMATTs 9th Biennial Conference May 13th & 14th, 2013 18. What is required of HRM to receive prominence THE WAY FORWARD HRMATTs 9th Biennial Conference May 13th & 14th, 2013 Output , Resources & Results Expert Command of Work Processes Expert Command of Business Processes The human resource cost on the bottom line Managing poor productivity 19. HRMATTs 9th Biennial Conference May 13th & 14th, 2013 QUESTIONS & ANSWERS Marvin Johncilla MANAGING DIRECTOR #5 Fitt Street Woodbrook Trinidad Telephone: 1 (868) 625-6949; 1 (868) 624-8899 E-mail: humansystems@hslcaribbean.com Website: www.hslcaribbean.com Facebook: Human Systems Limited Management Consultants.