talent managment timeline 141205 draft
TRANSCRIPT
DataPath Inc. © 2014 All Rights Reserved
Talent Management Timeline FY15 DRAFT
DataPath Inc. © 2014 All Rights Reserved
Talent Management Timeline 2015
January
Company goals
Departmentgoals
Individual goals
February
Feb 2 - 13:Leader Salary planning Feb 13 – 20 : Review - MD & HR
Feb 20 – 28 : Information & review MD, HR & Unions
March
Mar 2 - 20: Leader & EmployeeMerit information
April
1 Apr : Merit effective (2015 with retro effect from 1 January.)
Goal setting
June:
Mid year discussion Leader & Employee
Jan 12 – 31 : Leader & EmployeeYear End discussion,Salary discussion and Individual goal setting
Jan 1: Merit budget
December 2014
Company Goals
Department Goals
DataPath Inc. © 2014 All Rights Reserved
Examples of salary criteria
Company Goals and
requirements
CompetenceEngagementResultsValues
DialougeLeader-
Employee
Salary review
What are the requirements to realize and support the business strategy and goals?
What characterizes ”the best”? Who should have a maximum merit
increase?
DataPath Inc. © 2014 All Rights Reserved
Salary process questions
• Salary process: – DataPath compensation philosophy/model and salary criterias - It should be clear
to all employees what DP wants to reward, how wages are set within DP and how the model links to the employees performance over the year.
– Salary cost over the company? What can the company afford to pay for various roles?
Career development q´s:– Employees should own their own career development and leaders should be
there to support by provide feedback and coaching – but we also need guidelines regarding the possibilities offered by DP and possible “roads” (also to be
discussed individual together with Manager).
DataPath Inc. © 2014 All Rights Reserved