People Management
Managing company’s business process seamlessly by managing the people.
Achieve Strategic Objectives of the Organization
About Performance Management System
Performance management system is a systematic process to achieve strategic objectives of the organization by setting and aligning goals, monitoring progress, providing feedback and coaching, evaluating and reviewing results and rewarding achievements.
Performance management system emphasizes on improving performance by clarifying expectations, communicating the goals, providing feedbacks and encouraging employee empowerment and motivation.
The Approach
Performance Management translates and aligns organization strategy into set of Key Performance Indicators (KPIs) to be measured against defined target, that will be cascaded down through the organization to individual level to ensure alignment of individual and organizational goals.
Performance Management also evaluates the required skills, abilities and behaviours to achieve the goals by measuring the employee competencies against the competency profiles of the positions.
Why SRW&Co.
SRW&Co. provides customized, integrated and implementable Performance Management content and process that will help clients to establish an effective Performance Management System.
Guidelines, simulations and communication programs will be provided to support the implementation based on client’s needs.
Reward Management System to support business goals and promote performance
About Reward and Recognition
Organizations need an equitable and defendable Reward Management structure that is able to attract, retain & motivate employees to continue to drive and grow the business. The competiveness of the Organization can be significantly improved with a well defined Compensation Strategy that focuses on structured Fixed Compensation, Short-term Variable Compensation, Long-term Variable Compensation and Employees Benefit.
Remuneration Studies can be undertaken to determine the strength of organization’s reward system to support the business goals and as well as to aggressively promote performance. There are Organizations that may also want to look into improving the Executive Compensation for their Top Management members and to design Sales Incentive schemes for the sales driven work units.
The Approach
Organization’s business strategy, values and culture will be translated into reward strategy and will be used as the basis in designing rewards system.
Budget/funding will surely be considered in the design as such it would balance the organization‘s financial capability and the rewards and recognitions strategy.
Why SRW&Co.
SRW&Co. provides customized, integrated, structured, and implementable system that will help clients in monitoring and managing their reward and recognitions.
Guidelines, simulations, and simple applications will be provided to support the implementation based on client’s needs.
Ensure internal equity in the organization
About Job Evaluation and Grading System
Job Evaluation System is a consistent and systematic approach to determine the relative value of all jobs (not the incumbent) based on their overall contribution to the organization.
By using Job Evaluation System, the value of each job will be quantified and a proper Grading System will be developed to ensure the internal equity in the organization.
The Approach
Competency and/or Job Evaluation factors will be used in developing Job Evaluation System as per company’s profile and business process.
Determining the value of each job and mapping the value of all jobs in the organization will produce valid grading system that will be linked to other HR system in the organization.
Why SRW&Co.
SRW&Co. believes that each Organization is unique. Therefore, SRW&Co. provides customized, integrated and structured Job Evaluation & Grading System that will help clients in developing the Organization.
Besides Competency Based Human Resources Management’s job evaluation system, SRW&Co. also provides job evaluation system using various factors and weighting that could be customized depends on the profile and business process of the organization.
