fairness and healthy organization from work to compensation

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Seta Wicaksana

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www.humanikaconsulting.com Fairness and Healthy organization Based on Effective Compensation System

Organization is … OPEN SYSTEM EVALUATION & FEEDBACK DRIVEN BY VALUE : Fairness & Healthy

Roadmap STAR Process in Organization Finance/Profit Customers VISION & STRATEGY Internal Business Process Learn and Growth STRATEGIC TURN TO ACTION !

Become an EFFECTIVE … All The Way VISION & STRATEGY Effective Compensation System

Common Compensation ConceptDetermining Pay Job Individual Internal Value External Value Individual Performance Job Value Performance Rating Pay

Objectives of an Effective Compensation System 1. Employee attraction, motivation and retention 2. Externally competitive 3. Equitable, fair and rewarding 4. Legal compliance 5. Cost-effective 6. Compatible with mission and culture

8 Steps in the Development of a Compensation System

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fairness and healthy organization from work to compensation

1. www.humanikaconsulting.com Fairness and Healthy organization Based on Effective Compensation System

2. Organization is … OPEN SYSTEM EVALUATION & FEEDBACK DRIVEN BY VALUE : Fairness & Healthy

3. Roadmap STAR Process in Organization Finance/Profit Customers VISION & STRATEGY Internal Business Process Learn and Growth STRATEGIC TURN TO ACTION !

4. Become an EFFECTIVE … All The Way VISION & STRATEGY Effective Compensation System

5. Common Compensation ConceptDetermining Pay Job Individual Internal Value External Value Individual Performance Job Value Performance Rating Pay

6. Objectives of an Effective Compensation System 1. Employee attraction, motivation and retention 2. Externally competitive 3. Equitable, fair and rewarding 4. Legal compliance 5. Cost-effective 6. Compatible with mission and culture

7. 8 Steps in the Development of a Compensation System

8. Questions

fairness and healthy organization from work to compensation

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fairness and healthy organization from work to compensation