2017 Pay Trend and Benefits Seminar - HKIHRM

2017 Pay Trend and Benefits Seminar Optimize Total Rewards Strategies with Creativity More Than Report Sharing: A New Merit Matrix for Talent Value – ...

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2017 Pay Trend and Benefits Seminar Optimize Total Rewards Strategies with Creativity More Than Report Sharing: A New Merit Matrix for Talent Value – You'll see a big difference. For decades, pay for performance has taken the form of raising base salaries based on ratings and compa-ratios; this creates differentiation, but puts enormous pressure on performance ratings and often fails to retain tomorrow's key talent. Come see a new model that aligns annual raises with talent value, a person’s forward-looking value to the company. This conference features survey results on expertise and assignee packages, latest market trends and benchmarks, trends on pay adjustments over 15 countries including Hong Kong, China, Macau, Taiwan and India. It is aimed at helping HR practitioners, C&B specialists and business leaders to re-examine policies to match with corporate needs. Hundreds of peers join us annually in reviewing the past economic conditions and its impact on staff. Participants are also inspired by speakers’ pioneering insights into reshaping HR and C&B management for the future. You will enjoy a great day of learning and networking opportunities, with strategies and visions shared by field experts and academia, including economists, HR professionals, legal advisors, as well as pay & benefits experts.

Topics Covered: 

Hong Kong’s Economic Trend – Mr Rocky Tung, Senior Economist, Hong Kong General Chamber of Commerce



HKIHRM 2017 Pay Trend Survey Result Highlights & 2018 Outlook – Ms Alice Wong, Co-Chairperson, Remuneration Committee, Hong Kong Institute of Human Resource Management



Pay and Benefits Trends in Asia Pacific Region – Ms Hyuna Choi, Principal, Career Business, Mercer Hong Kong



Legal Updates: Risk and Compliance Management – Mr Hong Tran, Partner, Employment & Benefits, Mayer Brown JSM



Taxation Updates: Plan Before You Act! – Mr Murray Sarelius, Head of Global Mobility Services, KPMG China



HKIHRM 2017 Topical Study: Adoption of Technology in HR – Ms Senna Cheung, Co-Chairperson, Remuneration Committee, Hong Kong Institute of Human Resource Management



CEO Sharing: Retirement – A New Beginning – Ms Ka Shi Lau, BBS, Managing Director & CEO, BCT Group



Flex and Wellness Without Spending More: Making the Business Case For Wellness in the Workplace –



Belt & Road and Its Impact for Hong Kong: Global Relocation Trend and Pay Analysis –

Managing Director, Hong Kong, CXA Group Mr Lee Quane, Regional Director – Asia, ECA International 

New Transformation – New Strategies on Pay and Performance Management: A New Merit Matrix for Talent Value – Mr Thomas Farmer, CCP, SPHR, ACTA

Disclaimer: Hong Kong Institute of Human Resource Management (HKIHRM) reserves the rights to change the event details without prior notice. All matters and disputes are subjected to the final decision of HKIHRM.

Date: 3 November 2017 (Friday)  Time: 9:00 am – 5:00 pm Venue: B/1 Regal Ballroom & Monaco Room, Regal Hong Kong Hotel

Standard Price – HKIHRM Member: HKD 2,400  Non-member: HKD 2,800 Platinum Sponsors

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Agenda (AM) Time

Duration

Sessions

Speakers

Registration begins at 8:45am 9:00am–9:30am

30 minutes

9:30am–10:00am

30 minutes

10:00am –10:45am

45 minutes

Hong Kong's Economic Trend  Review of economic conditions in the last year  Impacts of the downfall of Worldwide stock markets  What is next in the coming year?  Global Economic views and One Belt One Road Outlook HKIHRM 2017 Pay Trend Survey Result Highlights & 2018 Outlook  Annual base pay adjustment  Average adjustment by business sectors  Forecast base pay adjustment for 2018  Bonus payment  Other benefits Pay and Benefits Trends in Asia Pacific Region  The Future of Work  Roles HR will play in the disruptive world  Asia Pacific pay and reward analysis  Summary of pay and benefits trends impacting Hong Kong

Mr Rocky Tung Senior Economist, Hong Kong General Chamber of Commerce

Ms Alice Wong Co-Chairperson, Remuneration Committee, HKIHRM

Ms Hyuna Choi Principal, Career Business, Mercer Hong Kong

employees & employers 10:45am–11:15am

Coffee Tea Break (Souvenir presentation for speakers of AM session)

30 minutes

11:15am–11:45am

30 minutes

11:45am–12:15pm

30 minutes

Legal Updates: Risk and Compliance Management  An update on the law and some cases  Matters hitting my desk  Things on the horizon Taxation Updates: Plan Before You Act!  Strategic trends in managing your mobile employees  Think Smart – managing costs and professional

Mr Hong Tran Partner, Employment & Benefits, Mayer Brown JSM

Mr Murray Sarelius Head of Global Mobility Services, KPMG China

remuneration practices

12:15pm–12:45pm

30 minutes



Current and emerging cross-border employees issues around the world



Tax and compliance updates, including Common Reporting Standard (CRS) updates

HKIHRM 2017 Topical Study: Adoption of Technology in HR  Awareness and adoption of technology

in HR functional

areas



Drivers, barriers and challenges in implementation of HR technologies



Spending on and areas of investment in HR technologies To be continued – Refer to next page

Ms Senna Cheung Co-Chairperson, Remuneration Committee, HKIHRM

Agenda (PM) 12:45pm–2:00pm 2:00pm–2:45pm

Lunch Break (Registration begins at 13:45pm)

75 minutes 45 minutes

CEO Sharing: Retirement – A New Beginning  What a HR professional is able to do so as to help colleagues reaching a new stage in life

2:45pm–3:30pm

45 minutes



Contingent Staffing: importance of sound retirement planning



Practical ways on how to extend your talent pool to retired: how to attract those talents to strengthen your workforce

Flex and Wellness Without Spending More: Making the Business Case For Wellness in the Workplace  Aim for engaged, happier, healthier employees  How technology makes Flexible Benefits practical and

Ms Ka Shi Lau, BBS Managing Director & CEO, BCT Group

Mr Bob Charles ‎Managing Director, Hong Kong, CXA Group

effective

3:30pm–4:00pm 4:00pm–4:30pm



How data analytics measure the success of wellness strategies



How to control your health insurance costs

Coffee Tea Break (Souvenir presentation for speakers of PM session)

30 minutes 30 minutes

Belt & Road and Its Impact for Hong Kong – Global Relocation Trend and Pay Analysis  Expatriate compensation in Hong Kong and how it has

Mr Lee Quane Regional Director – Asia, ECA International

been impacted by Belt and Road initiatives

4:30pm–5:00pm

30 minutes



Recent developments in Hong Kong companies sending staff to China



China's belt and road initiative and the impact on Hong Kong companies' global mobility policies

New Transformation – New Strategies on Pay and Performance Management: A New Merit Matrix for Talent Value  Creates differentiation for pay for performance ratings

Mr Thomas Farmer CCP, SPHR, ACTA

strategies to retain tomorrow' key talent

 

New model that aligns annual raises with talent value Compare the pay trajectories for 3 employee profiles under traditional versus a talent value-based matrix

HKIHRM closing Hong Kong Institute of Human Resource Management (HKIHRM) reserves the rights to change the event details without prior notice. All matters and disputes are subjected to the final decision of HKIHRM.

Speakers Hong Kong's Economic Trend Mr Rocky Tung, Senior Economist, Hong Kong General Chamber of Commerce Rocky Tung took up the position of the Hong Kong General Chamber of Commerce’s Senior Economist in September 2015. Tung is responsible for macroeconomic research related functions at the Chamber. He is also the secretary for the Chamber’s Economic Policy Committee, Manpower Committee, and Hong Kong Coalition of Service Industries-Executive Committee. Prior to joining the Chamber, Tung worked at COFACE as Asia-Pacific Economist covering macroeconomic and sectoral development in the region, before which he managed the Global Supply Chain research project at Asia Global Institute (formerly Fung Global Institute). He also worked as a macroeconomic and metals and mining equity research analyst at

Rocky Tung

China Construction Bank International and as an investment strategist at Fubon Bank.

HKIHRM 2017 Pay Trend Survey Result Highlights & 2018 Outlook Ms Alice Wong, Co-Chairperson, Remuneration Committee, HKIHRM Alice Wong is currently Human Resources Director, Group Health & Beauty of The Diary Farm Group looking after HR for the Health & Beauty Brands in the Group, key brands including Mannings, Guardian & Rose Pharmacy in Asia covering 10 markets with 1,700 shops and 17,000 employees.

Alice has over 25 years of HR experience In the commercial sector. Prior to Dairy

Farm, Alice has worked with the Jardine Matheson Group both at group level as well as with their logistics/transportation and engineering arm.

Alice spent considerable time working with

management teams in driving changes and people strategy in support of the business direction. Other companies she has worked with besides Jardines are HSBC, Swire & the Hong Kong

Alice Wong

Government.

Alice holds a degree in Psychology from the Chinese University of HK and a

Masters degree in Occupation Psychology from the University of London.

Alice serves as

member to the Hong Kong Institute of Human Resource Management (HKIHRM) in the capacity of Vice President to the Executive Council, Co-Chairperson for the Remuneration Committee and Organisating Committee for the Annual Conference 2017.

Pay and Benefits Trends in Asia Pacific Region Ms Hyuna Choi, Principal, Career Business, Mercer Hong Kong Hyuna is a principal consultant for Mercer’s Career business, and she is based in Hong Kong. She has more than 20 years of consulting experience with a wide range of focus areas, including executive rewards, broad-based rewards, workforce planning, total reward design, organization and talent strategy, employee value proposition, change management and communication, leadership and succession planning, performance management, and organization design. Hyuna has worked in Asia Pacific for most of her career and has obtained a deep knowledge of local market practices for the region, covering emerging markets and mature markets. She has

Hyuna Choi

also worked with many worldwide resources to support her clients for projects with a global scale. She leads Mercer’s Japanese MNC service for the ASEAN region and helps organizations develop an effective people strategy and implement to optimize value and performance.

Speakers Legal Updates: Risk and Compliance Management Mr Hong Tran , Partner, Employment & Benefits, Mayer Brown JSM Hong Tran is a partner of Mayer Brown JSM. He advises employers on compliance with employment, discrimination and privacy legislation. He also advises on strategic labour force issues including the structure of employment relationships; risk management in the employment and discrimination context; the introduction of changes to employment arrangements; the handling of union relations; and recruitment, disciplinary and termination issues. He is experienced in handling employment disputes, discrimination and privacy complaints/issues. He represents employers engaged in legal proceedings at the various court levels from the Labour Tribunal through to the Court of Final Appeal. He also advises

Hong Tran

employers in responding to investigations by the Labour Department, Equal Opportunities Commission and the Office of the Commissioner for Personal Data Privacy.

Taxation Updates: Plan Before You Act! Mr Murray Sarelius, Head of Global Mobility Services, KPMG China Murray is the Head of Global Mobility Services (GMS) for KPMG in mainland China, Hong Kong and Macau. Murray has over 20 years’ experience with international aspects of personal and corporate tax planning. Murray advises multinational organisations on matters arising from their mobile workforce, including tax, equity compensation and expatriate policies and he works extensively with businesses and individuals operating or investing internationally. Prior to moving to Hong Kong, Murray has worked in the Financial Sector M&A Tax group for KPMG in London and also KPMG in New Zealand where he led the New Zealand GMS and private client practice. The breadth of industry and tax experience allows Murray to understand the broader context in which clients operate, and to provide practical, decision-useful advice

Murray Sarelius

that centers on the business issues that clients face.

HKIHRM 2017 Topical Study: Adoption of Technology in HR Ms Senna Cheung Co-Chairperson, Remuneration Committee, HKIHRM Senna is a full-fledged HR leader with extensive experience in sizable multinational and local companies and in both private and public sectors, covering university, regulatory body, insurance and public utilities. Currently working in Towngas, she takes charge of the HR function for the Hong Kong Core business of Towngas and its subsidiary companies in Hong Kong and China. Ms Cheung has served in the Remuneration Committee of the Hong Kong Institute of Human Resource Management for 6 years and she has been appointed as the co-chairperson of the

Senna Cheung

Remuneration Committee since Feb 2013. Ms Cheung possesses a Bachelor of Arts degree from the University of Hong Kong and an MBA degree from the University of Strathclyde. She was also accredited as a Registered Corporate Coach by the World Wide Association of Business Coaches.

Speakers CEO Sharing: Retirement – A New Beginning Ms Ka Shi Lau, BBS, Managing Director & CEO, BCT Group Ka Shi Lau is the Managing Director & CEO of BCT Group (comprising BCT Financial Limited (“BCTF”) and Bank Consortium Trust Company Limited (“BCTC”)), a major provider of MPF/ORSO products and asset servicing for investment funds and pensions with BCTC being one of the largest trust companies in Hong Kong. She is a strong advocate of corporate governance, social inclusion and diversity, health care, and retirement protection through active participation in industry dialogues. Apart from her current role as Vice Chairman of Hong Kong Trustees’ Association, she serves on

Ka Shi Lau, BBS

the MPFA, the SFC, Hong Kong Retirement Schemes Association, Asian Corporate Governance Association, HKICPA, Asia-Pacific Financial Forum (APFF) – Retirement and Long-Term Investment Working Group, and the Independent Commission (on Remuneration for Members of the Executive Council and the Legislature, and Officials under the Political Appointment System of the HKSAR). Her previous public service includes the Minimum Wage Commission, Hospital Authority and Women’s Commission. Graduated from Cornell University (USA) with an MBA, Ka Shi also completed an Executive Leadership Programme in Global Finance of the “Institute of Global Economics and Finance” in the Chinese University of Hong Kong.

Flex and Wellness Without Spending More: Making the Business Case For Wellness in the Workplace Mr Bob Charles, ‎Managing Director, Hong Kong, CXA Group Armed with a first class honours degree in Maths from Oxford University, Bob Charles started his career as an actuary in London before he caught a travel bug that led him to Asia to build an employee benefits business across India. Over a 13-year stint in Hong Kong with Towers Watson he provided HR and employee benefits advice to some of Asia's largest companies and climbed the career ladder to run the Asia Pacific business as part of the global executive team. Bob led the integration of multiple new businesses and grew Towers Watson to become a leading HR

Bob Charles

consulting force in the region across 13 countries. Bob then caught the start-up bug and accepted CXA Group's mission to transform the employee benefits industry in Asia as part of CXA Group's leadership team and the Managing Director of CXA's Hong Kong operations. In the past 12 months CXA has rapidly expanded in Hong Kong: enabling HR to implement flexible benefits and wellness programs within current budgets using CXA's cutting edge technology.

Speakers Belt & Road and Its Impact for Hong Kong: Global Relocation Trend and Pay Analysis Mr Lee Quane, Regional Director – Asia, ECA International Lee has been based at ECA International’s Asia operations since 2003 and has been Regional Director since 2009. Lee works with major organisations in the Asia-Pacific region, providing advice and support in the field of Compensation and Benefits and International Assignment Management, thereby ensuring that ECA’s clients can respond effectively to challenges they face in a rapidly changing globalised business environment. Lee has led multiple projects assisting companies who have either just set up their international

Lee Quane

assignment operations or established organisations looking to update and ensure that their policies remain competitive. Since taking over ECA’s Asia operations, Lee has been heavily involved in the establishment of ECA as one of the most authoritative HR data and solutions providers in the region. Lee has spoken at several international HR seminars and contributes to industry publications in the region regularly.

New Transformation – New Strategies on Pay and Performance Management:

A New Merit Matrix for Talent Value Mr Thomas Farmer, CCP, SPHR, ACTA Tom is owner and managing director of Freelance Total Rewards Pte Ltd, in Singapore. Tom has been a WorldatWork certification faculty member since 2008 and has contributed to advanced course material and exam items. He contributed to WorldatWork’s Elements of Sound Base Pay Administration in 1988. Previously he was a regional Principal with Mercer. Prior to Mercer, Tom was VP Compensation & Benefits,

InterContinental Hotels Group, for the Americas and then

for Asia Pacific where he was responsible for managing IHG’s global salary review process for

Thomas Farmer

over 100 countries. Tom recently managed the global annual salary review for Nexperia, for 11,000 employees in 18 countries.

Hong Kong Institute of Human Resource Management (HKIHRM) reserves the rights to change the event details without prior notice. All matters and disputes are subjected to the final decision of HKIHRM.

2017 HKIHRM ENROLMENT FORM

Payment Deadline

2017 Pay Trend and Benefits Seminar 3 November 2017 (Friday); 9:00am – 5:00pm Date & Time:

EXTENDED - 30 October 2017

Fax

Email

Mail

Phone

(Allow 5 working days for processing) (852) 2881-6062

(Allow 5 working days for processing) [email protected]

(Allow 2-3 weeks for processing) Suite 1503, 15/F, 68 Yee Wo Street, Causeway Bay, Hong Kong

(For enquiry only) (852) 2837-3834

S17-NN-LD-PTS-091 Venue:

B/1 Regal Ballroom & Monaco Room, Regal Hong Kong Hotel

Standard Price

Please put quantity in the boxes provided 2017 Pay Trend and Benefits Seminar 2017 Pay Trend and Benefits Seminar and Pay Trend & Pay Level Survey Full Set Report 2017 Special Offer for Seminar (Pay Level Survey#1 / Pay Trend Survey#2 participant / Report subscriber)* *Successful #1 participants will receive an e-copy of #1 report; #2 participants will receive the full report – refer to FAQ below.

HKIHRM Member Join Member

Non-member

 HK$2,400  HK$7,030

 HK$2,800  HK$8,300

 HK$2,000

 HK$2,400

ENJOY BUNDLE OFFER with workshops below!

1.

2. 3. 4.

Seminar: Qualitative vs. Quantitative Approach to Manage Staff Performance (12 Dec) Seminar: HR as an Auditor (14 Nov) Full day Seminar: Manage the Annual Salary Review (02 Nov) Seminar: Managing Directors Remuneration for Companies Listed in Hong Kong (06 Dec)

HKIHRM coupons are not applicable in this event Enquiry:

Please contact Learning & Development at (852) 2837-3834/2837-3819 or via email [email protected] *Please contact Research & Development at (852) 2837-3815 or via email [email protected] for survey participation & subscription

Surname (Mr/Ms/Mrs)

First Name (Full Name)

HKIHRM Member Number (individual/corporate)

E-mail (required for sending confirmation)

Job Title

Company/Organisation

Mailing Address Phone (office/mobile) Note: For enrolment under corporate membership, HKIHRM would deem such enrolment authorised by the corresponding corporate member. Enrolment will be considered as non-member if membership number is not provided. How do you know about this programme?  HKIHRM Daily e-Newsletter  HKIHRM E-mail  HKIHRM Website/Mobile App  Newspaper  Social Media (Facebook/LinkedIn)  Others (please specify): __________________

Terms and Conditions Note of Membership: All HKIHRM memberships are non-transferable, either to another individual or group companies. Member must fill in their membership number for verification.

Confirmation:  Registration form received will be acknowledged by email in 3 business days.  Seat confirmation will be secured and confirmed by email in 3 business days upon receipt of full payment.  In case, the event is over-subscribed, priority will be given to those registrants who have fully paid the programme fee on a first-come-first-served basis. Payment:  Full payment must be received by the respective deadlines stated. HKIHRM reserves the rights to decline entry to the event for unpaid parties.  Cheque, PPS, direct debit, bank transfer, American Express card and telegraphic transfer will be accepted. Please visit our website for more details: http://www.hkihrm.org/index.php/component/phocadownload/category/95-resource?download=605:payment-methods-pdf  Crossed Cheque should be made payable to Hong Kong Institute of Human Resource Management Ltd., and sent with a copy of the registration form to Learning & Development Department, Suite 1503, 15/F, 68 Yee Wo Street, Causeway Bay, Hong Kong..  e-Receipt will be sent with confirmation email upon receipt of full payment.. Cancellation Policy:  All fees paid are NON-refundable unless written notice is received 10 days prior to the programme.  For cancellations made on or before10 days of commencement date, 30% of programme fees will be forfeited.  No refund for cancellations received within 10 days of commencement date but substitutions will be accepted.  For substitution, HKIHRM reserves the rights to charge the difference between member and non-member rate wherever applicable. Please note that no partial refunds or credits will be given should the rate difference be lower.  No deferment or credit transfer to another programme will be allowed. Weather:  Please visit our website for the most updated class arrangement during severe weather. http://www.hkihrm.org/index.php/component/phocadownload/category/95-resource?download=603:severe-weather-arrangement-pdf Attendance Proof: An administrative fee of HK$100 will be charged for certificate of attendance upon request. Use of Information: The information you provide to HKIHRM will be used for the purpose of administering enrolments .It may also be used for the promotion of other related functions and services from third parties. If you do not want to receive any promotion from HKIHRM and third parties, please put a  in this box . Promotion: The event will be photographed and videotaped and these images and video footages may be used for promotional materials for HKIHRM in the future. Kindly note that by attending the programme, you are giving full consent for your image and likeness to be used any promotional materials or video recordings. Change of Programme Information: HKIHRM reserves the rights to change the programme details and registrants will be notified in the programme of such changes. All matters and disputes are subjected to the final decision of HKIHRM. DECLARATION I have read and accept all the terms and conditions in this enrolment form. I understand that all handout materials obtained in the programme are strictly for my own learning purposes.`

Sign:

Date: Frequently Asked Questions:

Q:

Who are eligible for Special Seminar Offer?

Q:

What if there are 3 staffs who want to join the seminar – and we would like to order the full report too (HKIHRM members)?

A:

A:

Q: A:

Those who have filled in Pay Level Survey #1 (opened to public) or Pay Trend Survey #2 (sent by invitation only); People who already subscribed our report online/through our research team Please note Pay Level #1 participants will only receive e-copy of #1 Survey results (does not include Pay Trend #2) and therefore ordering full report is recommended. For Pay Trend #2 participants, you will receive a full report (include both #1 & #2 results; in both hardcopy and e-copy). Your fee will be: HKD 11,030 (7030+2000+2000) – one person entitles to full report so the rest can enjoy special offer.

What is the difference between Pay Level #1 and Pay Trend #2 Survey Report?

You may find details here. As explained above, #1 participants will only receive e-copy of #1 results, while #2 participants will get the full report (results #1 and #2) in both e-copy and hardcopy.