Why you don’t need to compromise on your compensation strategy

The Vodafone Story

VODAFONE’sGlobal Reward System

November 2015

Challenges before implementation• Locally managed annual review

process• Local eligibility criteria• Different reward structures and

legal requirements• No global reward policy• Managed on various systems• Varying timelines• Local recognition plans• Data quality

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Solution• Workshops with all local markets• Defining global processes and

policies• Aligning ways of working• Tiered roll out approach• One source of data• One language• One global reward system built to

specific global requirements• Legally required localisations

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Successes Live in 23 local markets – 89,000

employeesGlobal Reward calendar - 15 working

days line manager processGlobally consistent line manager

experience for 13,000 managersGlobal policy alignmentGlobal salary increase guidelinesGlobal use of Reward StatementsHRBP reporting functionalityGlobal roll out of cash recognition

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beqom believes that happiness is the best driver for success

Because happy people leads to better performance

But happiness doesn’t come from paying your employees more money…It comes from understanding:

Why beqom?

the company directionhow they are rewarded and recognized for achieving these goals….and if it is fair

their individual goals and how they relate to the company direction

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beqom’s total compensation platform provides this level of understanding to your employees

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beqom provides a Total Compensation solution focused exclusively on managing compensation & performance.

What We Do

for Human Resources• Salary Management• Bonus Management• Long Term Incentives• Bonus Deferral• Planning, Budgeting• Simulation and Reporting

• Sales Incentive Management• Sales Performance Management• Objective and Quota Management• Territory Management• Channel Management• Simulation and Reporting

for Sales Performance

beqom’s total compensation platform is used by over 100+ industry leaders to manage their HCM + SPM processes including:

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Improved performanceo Employees clearly understand their objectives, performance and compensation. Increased retentiono Employees have a clear picture of their total compensation package, how their performance

is linked to their compensation and if it is fairIncreased efficiencyo Processes centralization & automationo Fully integrated, real-time reporting ensures you always have a correct picture of all

compensation and performance elementsComplianceo Internal process compliance, transparency & auditabilityo External process compliance (CRD IV, SEC)

Resulting in

And…..Happy Employees

Thank You