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

2. HRMATT’s 9th Biennial Conference – May 13th & 14th, 2013
TRADITIONAL APPROACHES
Trust
1
Unions
Market Parity
External Compensation
Job Evaluation
4
2
3

3. HRMATT’s 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
HRMATT’s 9th Biennial Conference – May 13th & 14th, 2013

5. HRMATT’s 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. HRMATT’s 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. HRMATT’s 9th Biennial Conference – May 13th & 14th, 2013
EMERGING WORK DELIVERY CHALLENGES
3
Definition challenges
Cannot be quantified
Cannot be easily valued
Knowledge Workers

8. HRMATT’s 9th Biennial Conference – May 13th & 14th, 2013
EMERGING WORK DELIVERY CHALLENGES
Technology
4
Stress
Decreased Loyalty
Employees managing multiple
commitments
Work-Life Challenges

9. HRMATT’s 9th Biennial Conference – May 13th & 14th, 2013
EMERGING WORK DELIVERY CHALLENGES
5 Output-based Rewards
Ability to differentiate efficiency from
effective

10. HRMATT’s 9th Biennial Conference – May 13th & 14th, 2013
EMERGING WORK DELIVERY CHALLENGES
6
Different promotion expectations
Different compensation expectations
Young workforce
Work Life values

11. HRMATT’s 9th Biennial Conference – May 13th & 14th, 2013
SOLUTIONS
New agreed
“value” of
work
Definition
of work

12. HRMATT’s 9th Biennial Conference – May 13th & 14th, 2013
SOLUTIONS
Consultative
Joint
determination
of
compensation

13. HRMATT’s 9th Biennial Conference – May 13th & 14th, 2013
SOLUTIONS
Bonuses
Incentive
Remuneration
Performance
Related Pay
Pay for results

14. HRMATT’s 9th Biennial Conference – May 13th & 14th, 2013
SOLUTIONS
Value-adding
basis
Managing talent
Bottom
line
Input vs.
Output

15. HRMATT’s 9th Biennial Conference – May 13th & 14th, 2013
SOLUTIONS
Broad-
banding
Reduction of
grade drift
Growth
possibilities
Flexibility

16. HRMATT’s 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
HRMATT’s 9th Biennial Conference – May 13th & 14th, 2013

18.  What is required of HRM to receive prominence
THE WAY FORWARD
HRMATT’s 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. HRMATT’s 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.