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TRENDS & ISSUES OF REMUNERATION
STRATEGY IN PANDEMIC ERA
ERWIN MUNIRUZAMAN – HR EXPO 2020
ERWIN MUNIRUZAMAN
SVP HEAD OF STRATEGIC REWARD & HR OPERATIONS
INDOSAT OOREDOO
Erwin currently managing Strategic Reward & HR Operations at Indosat Ooredoo. Prior joining Indosat, he
was senior consultant at Willis Towers Watson Indonesia where he lead Talent Management & Organizational
Alignment business. Previously, he was GM Performance, Reward & Services at Trans Retail (Carrefour)
Indonesia and VP Services in Bank Negara Indonesia.
His areas of expertise include advising and assisting Companies with their Strategic Talent and Reward
development to be aligned with their Business Strategy. He is leveraging his strong background as a
seasoned HR senior consultant and practitioner with a span more than 15 years on overall HR experience
practice from developing HR strategy and policies into running HR Service operations in various industries
especially in Telecommunication, Banking and Retail in Indonesia. Developing HR strategy and practice
aligned with Business Strategy become his continuous goals.
Erwin holds a Bachelor of Science degree (Astronomy) from the Bandung Institute of Technology. He also
holds certifications : CHRP (Certified HR Professional) and CTPM (Certified Professional Talent
Management). He have finished course for Pension Funds Manager mandatory course and General
Insurance (IPGDI - Institute of Insurance & Risk Management). He frequently speaks at conferences and
seminars on a variety of current interest topics relating to Talent Strategy and Reward programs design.
SIMPLE FRAME WORK TO RESPONSETO STIMULUS
Process
Technology
People
Business Strategy
Current Business
Model &
Capability
Current
Organization Culture
Business Outcome
New Business Model
& Capability
Cultural
Transformation
HR STRATEGY
Talent
Strategy
Reward
Strategy
Culture
Strategy
Organization
Strategy
Business Strategy
Current Business
Model &
Capability
Current
Organization Culture
Business Outcome
New Business Model
& Capability
Cultural
Transformation
HR Strategy
WHATWE ARE DISCUSSING BEFORE COVID
Society 5.0
Deloitte’s Global Human Capital Trends:
• Purpose and meaning;
• Transparency and openness;
• Ethics and fairness;
• Growth and passion; and
• Collaboration and personal
relationships.
Artificial
Intelligence
RPA
Industry 4.0
THEN COVID HAPPEN
DIFFERENT IMPACT & RESPONSES TO PANDEMIC
Company Action as Pandemic Response
• What happened (we’re still going through this stage
since the pandemic is ongoing)React
• Adjust policies, support home office, creating better
tools for resilience, family care, and supportRespond
• Whenever that may be, in whatever form it might
takeReturn
• Changes our companies will have to make to operate
in a cleaner, safer, more hygienic fashionTransform
Source: Josh Bersin, Oct 2020, The World Just Changed Overnight
4 phase of Pandemic Response
WHAT
WE
EXPECT
Source: McKinsey, Nov 2020, Covid-19 Implication for Business – Briefing Note #30
Company Expectation for global economic condition
in next 6 months
WHAT
WE
REALIZED
NOW
REMEMBER FUNDAMENTAL ROLE OF REWARD
ADAPT FROM CASCADINGTO CO-CREATE HR SOLUTION
HR
Strategy
CoE
Design
BU
Implement
Platform
Measure
Compliance
Review
Problem
Identifi
cation
Cross
Functional
Team
Prototype
Test in
Field &
Iterate
Platform
Watch
Success
&
Iterate
LEVERAGE PLURALITY OFWORK OPTIONS
Traditional
worker
Outsourcing Contingent
Worker
Partnership /
Alliances
Talent
Platform
Volunteer Robotic Artificial
Intelligence
• understand the
many emerging
options for getting
work done, and
• identify the optimal
combinations of
human talent and
automation
REWARD STRATEGY – ISSUES FOR DISCUSSION
FOCUSTOWARD ORGANIZATION RESILIENCE &TRANSFORMATION
Rethinking Amid
Uncertainty
• Considered Future
Organization
• Rethink established pay
practice
• Look beyond pay
• Expect continued
uncertainty
June 2020 - SHRM
Work from Anywhere
Work Life Integration
Family Parental
Support
New Ways of
Working Support
Rethink Performance
Metric
Essential worker vs
Non-Essential worker
Revisit Short Term
Incentive
Redefine LongTerm
Incentive
Listening Strategy
Furlogh vsTermination
Sharing Employee
across industry
Work Portability
across the company
Omnibus Law Impact
(specific Indonesia)
Revisit Underlying
Reward
FINAL TAKE AWAY
• Applying lessons learned from the crisis.
• Embrace new business models and ways of working
• Reevaluate Reward Strategy
• whole-person approach to employee well-being
(physical, mental, social, financial, and emotional aspects)
• develop ability to respond to changes rapidly in turbulent
times to create resilient organization
THANKYOU
E.MUNIRUZAMAN@GMAIL.COM

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Trend & issues of remuneration strategy in pandemic era (for hr expo 2020)

  • 1. TRENDS & ISSUES OF REMUNERATION STRATEGY IN PANDEMIC ERA ERWIN MUNIRUZAMAN – HR EXPO 2020
  • 2. ERWIN MUNIRUZAMAN SVP HEAD OF STRATEGIC REWARD & HR OPERATIONS INDOSAT OOREDOO Erwin currently managing Strategic Reward & HR Operations at Indosat Ooredoo. Prior joining Indosat, he was senior consultant at Willis Towers Watson Indonesia where he lead Talent Management & Organizational Alignment business. Previously, he was GM Performance, Reward & Services at Trans Retail (Carrefour) Indonesia and VP Services in Bank Negara Indonesia. His areas of expertise include advising and assisting Companies with their Strategic Talent and Reward development to be aligned with their Business Strategy. He is leveraging his strong background as a seasoned HR senior consultant and practitioner with a span more than 15 years on overall HR experience practice from developing HR strategy and policies into running HR Service operations in various industries especially in Telecommunication, Banking and Retail in Indonesia. Developing HR strategy and practice aligned with Business Strategy become his continuous goals. Erwin holds a Bachelor of Science degree (Astronomy) from the Bandung Institute of Technology. He also holds certifications : CHRP (Certified HR Professional) and CTPM (Certified Professional Talent Management). He have finished course for Pension Funds Manager mandatory course and General Insurance (IPGDI - Institute of Insurance & Risk Management). He frequently speaks at conferences and seminars on a variety of current interest topics relating to Talent Strategy and Reward programs design.
  • 3. SIMPLE FRAME WORK TO RESPONSETO STIMULUS Process Technology People Business Strategy Current Business Model & Capability Current Organization Culture Business Outcome New Business Model & Capability Cultural Transformation
  • 4. HR STRATEGY Talent Strategy Reward Strategy Culture Strategy Organization Strategy Business Strategy Current Business Model & Capability Current Organization Culture Business Outcome New Business Model & Capability Cultural Transformation HR Strategy
  • 5. WHATWE ARE DISCUSSING BEFORE COVID Society 5.0 Deloitte’s Global Human Capital Trends: • Purpose and meaning; • Transparency and openness; • Ethics and fairness; • Growth and passion; and • Collaboration and personal relationships. Artificial Intelligence RPA Industry 4.0
  • 7. DIFFERENT IMPACT & RESPONSES TO PANDEMIC Company Action as Pandemic Response • What happened (we’re still going through this stage since the pandemic is ongoing)React • Adjust policies, support home office, creating better tools for resilience, family care, and supportRespond • Whenever that may be, in whatever form it might takeReturn • Changes our companies will have to make to operate in a cleaner, safer, more hygienic fashionTransform Source: Josh Bersin, Oct 2020, The World Just Changed Overnight 4 phase of Pandemic Response
  • 8. WHAT WE EXPECT Source: McKinsey, Nov 2020, Covid-19 Implication for Business – Briefing Note #30 Company Expectation for global economic condition in next 6 months
  • 11. ADAPT FROM CASCADINGTO CO-CREATE HR SOLUTION HR Strategy CoE Design BU Implement Platform Measure Compliance Review Problem Identifi cation Cross Functional Team Prototype Test in Field & Iterate Platform Watch Success & Iterate
  • 12. LEVERAGE PLURALITY OFWORK OPTIONS Traditional worker Outsourcing Contingent Worker Partnership / Alliances Talent Platform Volunteer Robotic Artificial Intelligence • understand the many emerging options for getting work done, and • identify the optimal combinations of human talent and automation
  • 13. REWARD STRATEGY – ISSUES FOR DISCUSSION FOCUSTOWARD ORGANIZATION RESILIENCE &TRANSFORMATION Rethinking Amid Uncertainty • Considered Future Organization • Rethink established pay practice • Look beyond pay • Expect continued uncertainty June 2020 - SHRM Work from Anywhere Work Life Integration Family Parental Support New Ways of Working Support Rethink Performance Metric Essential worker vs Non-Essential worker Revisit Short Term Incentive Redefine LongTerm Incentive Listening Strategy Furlogh vsTermination Sharing Employee across industry Work Portability across the company Omnibus Law Impact (specific Indonesia) Revisit Underlying Reward
  • 14. FINAL TAKE AWAY • Applying lessons learned from the crisis. • Embrace new business models and ways of working • Reevaluate Reward Strategy • whole-person approach to employee well-being (physical, mental, social, financial, and emotional aspects) • develop ability to respond to changes rapidly in turbulent times to create resilient organization