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HCSP Deliverable : Reward & Recognition<br />
Business<br />
Strategy<br />
Accountability Policy / Strategies Deliverables 2015 KPIs Remarks<br />
Improve<br />
Employee<br />
Engagement<br />
Compensation &<br />
Benefits<br />
- Design<br />
compensation,<br />
welfare and benefits<br />
package/scheme to fit<br />
with business needs<br />
and to support<br />
business operation,<br />
attract, retain, and<br />
motivate valuable<br />
staff<br />
Attract and retain<br />
talented employees,<br />
and motivate them to<br />
achieve results through<br />
3P Policy (pay for<br />
Performance, Person,<br />
Position)<br />
Competitive Pay Schemes<br />
1. New Salary starting Rate<br />
with wider the range for<br />
talents/quality candidates<br />
2. Incentive Point Program<br />
3. Non Traditional Benefits<br />
Program e.g. : Birthday<br />
make a wish, casual Summer<br />
ice cream<br />
1. Implement and<br />
effective in April,<br />
2015<br />
2. Propose in Q2,<br />
2015<br />
3. Propose at least x<br />
in Q3, 2015<br />
Co with <strong>HR</strong>R , RC<br />
Co with <strong>HR</strong>M , <strong>HR</strong>D<br />
(Incentive Point Program<br />
- Estimated Budget : 2 MB/yr.<br />
- In case of application<br />
purchasing<br />
- Installation THB 50,000<br />
- Monthly fee THB 20000 for<br />
PC,<br />
THB 40,000 for PC+Smart<br />
phone<br />
- Point fee = THB 1/point,<br />
free if total point exceeds 2M<br />
points)<br />
4. Workplace flexibility<br />
(Digital natives) :<br />
Telecommunicating (work at<br />
home), Flexi Time<br />
4. Propose in Q4,<br />
2015 (for 2016)<br />
5. Extra allowance /<br />
Competency for multi<br />
skills/Hot Skill<br />
5. Propose in Q4,<br />
2015 (for 2016)<br />
Design welfare &<br />
benefit programs to<br />
increase Organization's<br />
performance &<br />
productivity<br />
Flexible Benefits Program<br />
(cafeteria)<br />
Propose in Q4, 2015<br />
(for 2016)<br />
Estimated Budget : 5MB /<br />
year<br />
22
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