HG Total Rem Post Survey Presentation - EN- Handout Version C.pdfVIP

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HG Total Rem Post Survey Presentation - EN- Handout Version C.pdf

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HG Total Rem Post Survey Presentation - EN- Handout Version C

China HR: the journey to Great! Nov 2014 Joe Chu 2014 Total Remuneration Survey Insights Sharing 3? 2014 Hay Group. All rights reserved DAVE ULRICH: HR roles in building a competitive organization Management of Strategic Human Resources Management of Transformation Change Management of Firm Infrastructure Management Of Employee Contribution FUTURE/STRATEGIC FOCUS DAY-TO-DAY/ OPERATIONAL FOCUS PROCESS PEOPLE Sources: HR Champion 4? 2014 Hay Group. All rights reserved The future HR could be … Activities to Outcome Split Human Resources Dept Data driven People Operations Activities to Outcome CHANGING Economy Industries CHANGING Talent Landscape in China CHANGING Tech Reshapes HR CHANGING Career Opportunities Macro trends 7? 2014 Hay Group. All rights reserved Sources: The Economist 2.3 2.5 7.7 7.3 2.2 2.2 -4.0 0.0 4.0 8.0 12.0 16.0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Economic Growth Average CHINA UNITED STATES Global GDP growth comparison in advanced emerging markets 8? 2014 Hay Group. All rights reserved Sources: The Economist 7.3% 6.0% 5.2% 3.1% 2.4% 2.2% 1.3% 0.4% 0.4% 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% GDP China India Indonesia United Kingdom Hong Kong Uniteed States Germany Brazil Russian 2014 GDP growth comparison Salary movements and forecasts 10? 2014 Hay Group. All rights reserved 2014 pay forecasts painted a picture of a two speed world: High-speed Fast growing or emerging economies are set to receive the highest pay rises, although in most cases pay rises will be lower than last year. Low-speed Mature markets are more likely to experience minimal to modest pay rises. Global pay trends Sources: Hay Group 2014 Annual Compensation Study - PayNet 11? 2014 Hay Group. All rights reserved Sources: Hay Group 2014 Annual Compensation Study - PayNet 7.0% 6.6% 8.1% 9.0% 8.9% 9.2% 5.3% 6.9% 9.3% 9.4% 8.4% 7.3% 7.1% 1.0% 3.9% 1.9% 1.8% 3.0% 2.8% -0.7% 3.0% 5.3% 3.2% 2.6% 2.3% 3.1% 6.0% 2.7% 6.2% 7.2% 5.9% 6.4% 6.