Hay Group Introduction

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Hay Group Introduction

• Consultant Lisete Harris

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Introduction

• Renwick Reward has been a major player in the
  industry since 1998
• The Hay Group acquired Renwick Reward on 1st Feb
  2004
• We are now able to offer both Renwick Reward and
  Hay products

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Product Offerings

• These products include
• Job Evaluations
• Reward Programs
• Compensation Information
• Executive Compensation
• Performance Management
• Strategy Alignment
• Assessment and Selection

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Product offerings

• Organisation Analysis and Design
• Accountability Assessment
• Role Clarification
• Employee Surveys
• Leadership Development
• Talent Management
• Team Development
• Executive Coaching

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Job Evaluations

• We offer two methods of job evaluation
• Hay Guide Chart and profile method of evaluation
  (traditional paper based method)
• JE Manager (computerised job evaluation tool)

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Reward Programs
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Compensation Information

• Internet based platform Hay PayNet
• Niche focused survey
• Top executive survey (published twice a year)

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Performance Management

• Assesses clients unique needs
• PerformXL
• Internet based performance management tool
• Places emphasis on Planning, Coaching, Reviewing,
  Rewarding and Dialogue
• Obliges goal setting with unambiguous and
  measurable targets
• Enables 360 assessments of soft skills, including
  developmentally scaled competencies

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Strategy Alignment
Strategy, Brand Culture
Guiding Principles
ReinforcementProcess
Natural Champions
Development
Thought LeadershipBehaviours/Competencies
Operational Model
Natural Champions
Dev Principles
PerformanceManagement
Development Support
Career Path
BehaviouralDevelopment
Recruitment
Reward Recognition
Reinforcement
LeadershipDevelopment
Bridging Gaps
Selection
Outcomes
Competencies
BusinessInterventions
Business Engagement
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Assessment and Selection

• Use validated tools and methodologies to assist
  clients in designing and implementing
  comprehensive selection systems and assessment
  centres

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Organisation Analysis and Design

• Integration of structure, processes, people,
  culture, systems and technology
• Our focus is on helping clients get the most
  value from their current and proposed work
  structures

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Accountability Assessment

• This involves the assessment of existing
  organisational structures to identify potential
  problem areas resulting from inter-relationships
  of accountabilities and the development of
  solutions to overcome these

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Role Clarification

• Hay helps clients design, assess and describe
  jobs in ways that enhance clarity, growth and
  contribution to business success
• Includes accountabilities and competencies

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Employee Surveys
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Leadership Development

• Hay has 40 years of research and experience in
  competency-based leadership development
• By establishing effective leadership development
  programs we are able to make a difference in
  individual and organisational performance

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Team Development

• We assist business leaders in improving the
  effectiveness of their top teams and increase
  their ability to execute their strategy

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Talent Management

• Definition of Key Leadership Positions
• Identification of high potential candidates
• Assessment of candidates readiness for the roles
• Provision of training and development to fill any
  gaps

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Emotional Intelligence
JOB COMPETENCY REQUIREMENTS
INDIVIDUAL COMPETENCE
ORGANIZATIONAL CLIMATE
MANAGERIAL STYLES
ORGANIZATIONAL EFFECTIVENESS
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Emotional Intelligence

• Hay/McBer, a unit of the Hay Group since 1985, is
  the organizational development consultancy that
  originated much of the thinking and research
  behind the emotional intelligence breakthrough.
• Dr. David McClelland, founder, began using
  competencies in 1973 to systematically assess and
  develop star performers and star leaders.
• Hay/ McBer has continued this research for 25
  years, building an unequalled bank of knowledge
  on how to develop and sustain high performance.
• Dr. Daniel Goleman and Dr. Richard Boyatzis,
  former students of Dr. McClellands, extended the
  research into emotional intelligence (EI)
  competencies.
• Hays exclusive alliance with Daniel Goleman and
  Richard Boyatzis has produced a full range of EI
  programs and services.

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A Total Reward Model
Supportive Environment

Recognition of Life Cycle

Work/Life
Needs/Flexibility
Security of Income

Social Environment

Inspiration/
Inspiration/
Values
Values
Enabling
Environment