the sara reward showdown - South African Reward Association

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the sara reward showdown - South African Reward Association

07:00 Registration

07:30 Networking Breakfast

SARA CONFERENCE 2011 PROGRAMME

26 – 28 OCTOBER 2011

GALLAGHER ESTATE

THE SARA REWARD SHOWDOWN

In the Ring with the Real Issues

Facilitated by

JEREMY MAGGS

PRE-CONFERENCE SESSION: WEDNESDAY, 26 OCTOBER 2011

08:10 "Remuneration Committees: Dobermans or Spaniels?"

Questions to be debated:







Facilitated by: Greg Volkwyn, the "Finance Fundi"

Are Remcos managing and upholding the principles of good remuneration governance?

Are companies embracing the principles of King III, or just paying lip-service to it?

How are Remcos influencing the management of performance and the executive reward

link including the performance setting processes?

What should be the composition of Remcos and what competencies are required in order to operate effectively

and fulfil the role expected by the Board?

How do and how should Remcos deal with ethical issues such as the salary and wage gap?

What should Remcos do to ensure that meaningful disclosure and reporting on remuneration is maintained?

Co-Hosted with the Institute of Directors

10:00 Tea Break and Registration

10:30 Rewards Think Tank

A workshop on the top reward challenges and issues you are currently facing.

The think tank session will look at how to retain the best and the brightest in the organisation.

Delegates will be divided into groups and will debate, under the guidance of the think tank leaders, how to identify

key talent, so that the organisation can focus its retention efforts on the critical skills it wants to retain. They will

also discuss which hard (monetary) and soft (non monetary) measures are most effective for retention.


The think tank leaders will present some leading practices in talent management and retention from successful

organisations in South Africa and around the globe. Delegates will be encouraged to share success stories.

All responses and suggestions will be compiled and given to delegates at the end of the session.

PANEL MEMBERS: John Rubino, Rubino Consulting Services / Nicolene de Beer, First National Bank /

Ronel Nienaber, Sasol / Diane Auld, Pick ‘n Pay

12:30

SPEED NETWORKING – Facilitated by Alan Hosking

Tried speed dating? Maybe not … Well now you can try Speed Networking! Join other delegates

“in the ring” over a light lunch and try this fun, fast way of networking with people you would not

normally get a chance to meet at a large conference. Expand your list of contacts in a light hearted,

controlled environment. If “cold calling” networking is not your thing, this is the answer!

Alan Hosking, HR Future

Alan Hosking wears three career caps: Publisher of HR Future magazine, Leadership Renewal Coach to senior executives, and Parenting

Authority and author of What nobody tells a new father. He has been a Contributing Editor for two UK-based international HR magazines, is a

member of the Advisory Board of the Nelson Mandela Metro University Business School in Port Elizabeth, and has appeared on national radio

and TV on numerous occasions.

18:00 Global Remuneration Professional Alumni Cocktail Party

The first opportunity for GRP Alumnis to meet with the President of WorldatWork, Anne Ruddy.

SARA CONFERENCE DAY 1: THURSDAY, 27 OCTOBER 2011

07:00 AGM & Breakfast

Including:




SAQA

Professionalisation

Reward Training

Motivational Speaker: Billy Selekane

09:45 KEYNOTE ADDRESS: “The new normal in Rewards”

The new Normal with respect to reward practices and trends as well as the changing role and

competencies for successful reward professionals.

Anne Ruddy, President of WorldatWork, USA

Anne C. Ruddy is the President of WorldatWork and its affiliate organisations, Alliance for Work-Life Progress (AWLP)

and WorldatWork Society of Certified Professionals.

10:30 Networking Break

Ring 1 Ring 2

11:00 The Total Rewards Concept:

Getting from Theory to

Practice

‣ Theory

Total Rewards

Employee Value Proposition

Why is this important?

‣ Practice

SARA Survey

Other Surveys

‣ Implications

Ray Harraway, Ernst & Young

Ray joined Ernst & Young in 2011 as a Partner in the Human Capital

service line of the tax business of Ernst & Young, with responsibility

for the Performance & Reward offering. Ray has 7 years consulting

Real issues in Employee

Benefits





In the ring with policy

makers knowing the

opponents strategy

Blow by blow account

of NHI and NSSF debate

– elements with impact on remuneration

Planning the show down – is there still room for

match fixing?

The final count down – the tactical plan

Joanna Legutko, Jacques Malan Consultants and

Actuaries and Reg Magennis – EON Health

Joanna graduated from the University of Cape Town in 1997 with a

BSc (Statistics) degree. She spent three years with Old Mutual before

moving to the UK to manage NIB International’s multi-manager fund


experience at big 4 professional services firms, including 2 years in

London. After qualifying as a Chartered Accountant he gained

consulting experience on all aspects of global mobility programmes

and policy development, employment and expatriate taxation

matters, employee benefit and policy development, and global share

based incentive schemes.

of funds products. She also worked for Jardine Lloyd Thompson in

London, where she gained exposure in the EB market in their

Pensions Consulting division. Joanna qualified as an actuary in 2003

and joined JMCA in 2006. She is a consulting actuary and a valuator

of retirement funds, and has in the past served as the Head of both

the Actuarial and the Retirement Fund Consulting Divisions.

11:45 Panel discussion: Is there still a business case for companies to provide their employees

with pension and medical aid benefits?

David Gluckman, MD Sanlam Umbrella Solutions

David Gluckman was appointed managing director of Sanlam Umbrella Solutions, a division of Sanlam Employee Benefits, in June 2007. He is

responsible for ensuring that Sanlam is the leader in the South African umbrella fund market. He also chairs the board of Sanlam Umbrella

Fund Administrators (Pty) Ltd.

Andrew Crawford, Partner in Seshego Benefits Conultants and Chair of FPI Employee Benefits Committee

Andrew is Director of Seshego Benefit Consulting (Pty) Ltd, a company established in 2005 by a team of specialist retirement fund consultants

with many years of industry experience. One of the company's founding principles was the recognized need for independent assistance and

advice. Seshego’s clients are based in Johannesburg, Tshwane/Pretoria, KwaZulu Natal and the Cape.

Janet Hugo, Founder Hugo Capital and Chair of Investment ISG for FPI – Financial Planner of the Year

Janet Hugo is a Certified Financial Planner. Using in-house and outsourced research systems, she optimises and monitors retirement investing

local and offshore selections, relative to client goals and market conditions. She has been in the retail client financial industry since 1998 and

managed JSE Shares.com and the Turning Point private client financial newsletter since 1992.

Facilitated by: Jerry Botha, Tax Consulting SA

Ring 1 Ring 2

12:50 Reward and Remuneration

Challenges in the Public

Service and State Owned

Enterprises

Riah Phiyega, Chairperson of the Presidential State

Owned Enterprises Review Committee

Riah Phiyega was appointed by President Zuma to lead the

committee appointed to review SOEs. A past Group Executive for

Absa Bank Limited. Past Group Executive at Transnet. She is a

Member of Council for the University of Limpopo .

Riah holds an MA degree from RAU and a post graduate diploma in

Business administration from Wales University. She also attended

Executive development programmes at the National University of

Singapore and Wharton University, Pennsylvania, USA.

13:30 Lunch Break

Expat Remuneration from Opposite sides of

the ring - The different Methodologies used

in Expatriate Remuneration

Nazlie Samodien, Ericsson

Nazlie completed her undergraduate degree at UCT and her postgraduate

studies at Wits and RAU respectively. She started her career

as a graduate HR trainee on the mines and subsequently spent ten

years in generalist HR roles with Randcoal, the CSIR and Nedbank.

Anesa Naidoo, Sasol

Anesa is Manager International Rewards and Benefits at Sasol. She

has worked at Sasol since July 2001 and in this time she has gained

valuable experience within the human resources generalist field,

expatriate management and most recently in the definition and

shaping of principles and processes that can be used by the global

business in the design of policies and processes aligned to Sasol’s

Global Rewards strategy for all employee groupings internationally

within defined geographies.

Hein Bischoff, Vodacom

Hein joined Vodacom in 2009 as the head of the international human

resources function, responsible for managing the international

mobility program of Vodacom Group. International HR is also

responsible for providing governance, reward, analytics and HR

channel support to the non-South African operating companies of

Vodacom.

14:20 Panel discussion: Do the use of surveys place a company at risk in terms of anticompetitive

laws?



Salary Surveys, both national and custom are not anti-competitive

Ethical utilisation of information is critical to ensure that it does not lean itself to anti-competitive

behaviour


What does the Competition Act say?

Information exchange as an indirect means of setting prices

Andries le Grange, DLA Cliffe Dekker Hofmeyr

Andries le Grange is a director in the competition law practice. Andries joined Hofmeyr (now Cliffe Dekker Hofmeyr) in 1998 and became a

director during 2000.

Rene Richter, PwC Remchannel

Rene Richter is an Associate Director at PricewaterhouseCoopers and manages the Reward division in the HRS practice which encompasses

the African continent. René started her career in training during the early 1980s at Boston House College and subsequently joined Vista

University in 1984. During this time it became evident that the international trends were based on real-time, web-based surveys and research.

René was in the position of Managing Director for 6 years prior to the PricewaterhouseCoopers buy-out and has extensive reward consulting

experience at Executive and Non-Executive levels obtained over a period of 17 years.

Hugo Lampbrecht, Tsogosun

A graduate in Industrial Psychology and Economics from the University of Stellenbosch, Hugo is an accomplished human resources

professional with extensive experience gained within the Hospitality and Tourism Industry. Previously Human Resources Director of Southern

Sun Hotels nationally, Hugo headed up a motivated team responsible for developing human resources strategies which anticipated and

responded to changes in their labour environment. Hugo is currently Director of HR Services for the Tsogo Sun Group and is actively involved

in numerous strategic HR initiatives within the hotel and gaming divisions of the Group. One of the founding directors and legal co-ordinator

for the Psychological Assessment Initiative, Hugo also serves on other industry boards and professional interest groups.

Facilitated by: Jeremy Maggs

15:05 Aspects of the agenda of the National Planning Commission that may

impact on executive and other remuneration issues in South Africa in the

next 10 years.

Dr Miriam Altman, National Planning Commission

Dr Miriam Altman is a Distinguished Research Fellow at the HSRC. She previously served as an Executive Director

from 2002 to 2010, establishing and leading two divisions focused on the economy, employment creation and poverty reduction. In March

2010, she was appointed as Commissioner to the National Planning Commission in the offices of the Presidency.

15:50 Cocktail Party at the Koi Deck, Gallagher Estate

SARA CONFERENCE DAY 2: FRIDAY, 28 OCTOBER 2011

09:00 Changing the Game – Reward Scenarios for Foxy Thinkers

Chantell will discuss some focused research she did to map out different scenarios for the

reward industry in South Africa, based on the very popular mythology set out in the “Mind of a

Fox” trilogy she co-authored with Clem Sunter. This session will enable attendees to be foxy

and pro-active in dealing with the many changes that face the reward industry.

Chantell Ilbury is one of South Africa's leading strategists and facilitators, working both locally and internationally.

She specialises in guiding companies and other organisations through their strategic conversations on the future,

and she believes passionately in the power of scenario thinking to unlock the best ideas on strategy. She completed her BSc. in Chemistry

and a postgraduate Higher Diploma in Education. She has since completed an Executive MBA from the University of Cape Town Graduate

School of Business and has also studied Strategic Negotiation at Harvard Business School in Boston.

Chantell and Clem Sunter shared their ideas on scenario planning that led to the writing of their best-selling book The Mind of a Fox. The

second book Games Foxes Play was launched in April 2005; and their third, Socrates & the Fox, in November 2007.

10:00 How the World's Most Admired Companies have adapted to the

changing economic climate in terms of reward, motivation and

innovation.




2011 WMAC rankings: methodology and results

Sustaining performance

How the WMACs do it: research findings

Shaun Barnes, Haygroup

At Hay Group, Shaun has delivered a variety of successful business solutions to a diverse set of clients. His experience spans a number of

geographies and industry sectors. Shaun specialises in providing assistance to multi-national companies (mnc). He has managed and

implemented a number of regional as well as global projects for MNCs.

11:00 Networking Break


11:15 Increasing the impact of pay through manager involvement

The company keeps pay information as if it were a national secret. The organization tries to keep

everyone happy by not explaining how the pay system actually works, but that just makes the

system more confusing and raises more questions.

I have been with the company for more than 15 years and have no idea how our profit

sharing/incentive plan works. I sometimes get some money but have no idea how the amount is

determined or what I could do to increase it. I have never seen anything in writing that defines

the plan. I don’t like that!

In a world where Google is just a few clicks away, employees want more information about their pay.

Nicolene de Beer, First National Bank

Nicolene is the Head of Reward at First National Bank and has worked for FNB for the past ten years. Nicolene has a Masters degree in

Human Resources Management and is a qualified Industrial Psychologist. She holds the Global Remuneration Professional qualification

through WorldatWork in the USA is also a Faculty Member of WorldatWork. Nicolene is a proud founding member of the South African

Reward Association. The FNB Reward team won the SARA Reward Team of the Year Award in 2009.

11:55 PANEL DISCUSSION: Are we managing remuneration so that it contributes to economic

growth?

Amongst the issues to be discussed are:





Quantity or Quality of Jobs

Lower the Wages and Employ More

Minimum Wages vs Productivity

Union Agendas

Dr Mark Bussin, 21 st Century Pay Solutions

Mark is the Chairperson of 21 st Century Pay Solutions Group, a specialist reward consultancy employing nearly 50 deep technical specialists.

He has remuneration experience across all industry sectors and is viewed as a thought leader in the remuneration arena. He serves on and

advises numerous boards and Remuneration Committee’s and has consulted in many countries. Mark holds a Doctorate in Commerce and

has published or presented over 200 articles and papers and has received awards for his outstanding articles in this field. He is the current

President of SARA (South African Reward Association) and is a Global Reward Practitioner (GRP) tutor.

Martin Hopkins, Vodacom

Martin is a specialist advisor to PricewaterhouseCoopers. He has a Master of Science degree from Carnegie Mellon University in the USA and

extensive experience in advising Companies and their Board Committees, with a particular focus on Executive Remuneration, Strategy

Development and Evaluation, Investment decisions, Value Driver Models, Balanced Scorecards, Performance Management and Information

Technology to deliver Value.

Gavin Hartford, Esop Shop

Gavin Hartford founded The Esop Shop three years ago. After graduating with an Industrial Sociology Honours degree, Gavin began his

professional career at SACHED, an educational NGO. In the mid-eighties he worked for the National Automobile and Allied Workers Union

(NAAWU) and later the National Union of Metalworkers of South Africa (NUMSA), becoming a National Organizer and negotiator.

Facilitated by: Jeremy Maggs

12:35 Global Work Life Initiatives: The latest and greatest from around the

world.

A great deal of attention is paid by human resources professionals in designing effective total

reward strategies and programs that are aligned with the business and culture of their

organizations…. and rightly so! However, it can be argued that many HR people spend a lot of

their time on the compensation and benefit components of total rewards, and not enough on

work-life programs. Global research confirms that the most carefully chosen, culturally

appropriate, integrated and aligned work-life initiatives are what employees truly value in their

reward packages. Additionally, many premier global organizations have already proven that these programs are

essential in creating a work force that is engaged intrinsically with the organization and its goals.

John A. Rubino, Rubino Consulting Services (RCS)

John A. Rubino is president and founder of Rubino Consulting Services (RCS), a global human resources consulting company based in Pound

Ridge, New York USA. His areas of expertise are in the design and implementation of corporate values/objectives and their linkage to human

resources strategies, performance-driven incentive plans, sales compensation programs, performance management systems, management

training programs, team dynamics, leadership skills, motivational training, and human resources communication programs.


13:15 Lunch

14:15 PANEL DISCUSSION: Possible Technical Knockouts from all corners of the world.

Challenges faced when going into Africa and the Middle East






Skills shortage and lag creates a skewed talent market limiting application of benchmarking

Limited industry-specific benchmark data available without expensive customised research

Old-fashioned and culturally specific attitudes to benefits

Salaries provided by employers often must be supplemented due to structural economic factors such as the

cost of power

Nationalistic backlashes to common multinational strategies such as off-shoring and outsourcing

Blair Mackenzie, Ericsson – HR Director West Africa

Blair was elected AIESEC director for Africa in 1990. He spent two years in management consulting/project management. He established his

own recruiting business, Stratex Prosonell in 1996 and later merged it with Ethoz Human Capital and transformed it in to a recruiting process

outsourcing business. Blair has worked as an independant strategy consultant to the staffing sector and was employed as managing director

of GoldenRule IT Labour Broker. In February 2009 Blair started as Director staffing for Ericsson sub-saharan region and was later promoted to

direcor.

Rafael Fernandes, AEL Mining Services

Rafael was appointed AEL's financial controller in 2007 and financial director in 2008. He is responsible for AEL's company finance and IT

functions. He is a registered chartered accountant and joined the company in 1996 as financial manager of a wholly-owned subsidiary. Rafael

moved to AEL's head office as finance manager and, thereafter, became business accountant. He left in 2001, returning to AEL two years later

and continued to provide financial and management support to sales and marketing business units.

Ronnie Moholane, Anglo Ashanti

Managed an HR Team responsible for providing HR Services to internal clients at their three Business Units, Mponeng Mine, Savuka Mine and

Mine Services.

Facilitated by: John Rubino, John Rubino Consulting Services

15:00 New Research on Compensation Change Management Processes

16:00 Closure

Enhancing employee pay perceptions through effective change management. The CLC

shares their insight on global surveys they conducted on this topic, which yielded

profound results and could guide companies to the achievement of exceptional results.

Lynne Mayers, Corporate Leadership Council

Lynne Mayers is an Executive Advisor with the Corporate Leadership Council. Currently a Senior Director, Lynne has

been with CLC for over eleven years, serving as a Strategic Research Consultant in CLC Human Resources and its

sister programme, CLC Recruiting before moving into the Advisory role in 2009. In her capacity as a Strategic Research Consultant Lynne

participated in the creation of several major best practice and quantitative research studies.

REGISTER NOW for the SARA Conference

The South African Reward Association (SARA) strives to keep members and supporters up to date with the issues, with the

best speakers, venues and programme, at conference fees that are extremely competitive.

Conference:

Early Bird Registration (up to 14 October 2011)

SARA members – R5500.00

Non – members – R6000.00

Registration fee (from 15 October 2011)

SARA members – R6500.00

Non – members – R7000.00

For pre- conference registration fees and to register please visit www.sara.co.za or call 011 789 1384

South African Reward Association (SARA)

Telephone: (011) 789 1384

Fax: (011) 789-1385

E-Mail: sara@vdw.co.za

Website: www.sara.co.za

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