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4th Compensation & Rewards Summit

2017 / 2016 / 2015 / 2014 / 2013 / 2012 / 2011




SUB THEME :

  • Linking Compensation to Performance : How Successfulhas it been in Practice
  • Have companies been able to differentiate adequately for performance?
  • What have been the fall outs of differentiating between employees?
  • Have companies been able to differentiate between performance and external factors?
  • Have companies been able to create alignment on goals?
  • How much differentiation can be made for performance
  • Performance Metrics for Rewards : Sharing of Experience
  • Have companies been able to differentiate adequately for performance?
  • What have been the fall outs of differentiating between employees?
  • Have companies been able to differentiate between performance and external factors?
  • Trends in Performance : research findings by Cerebrus
  • Should Performance linked rewards be restricted to senior and top management who can drive performance?
  • Audience Interaction
  • Recognition Programs
  • Do they Help in Building a Performance culture
  • Experience sharing on using recognition effectively
  • Rewards : Incentivising Short term and Long term performance





  • CHAIRPERSON


    ANITA RAMACHANDRAN

    Managing Director

    Cerebrus Consultants Pvt. Ltd.

    ANITA RAMACHANDRAN

    Managing Director

    Cerebrus Consultants Pvt. Ltd.

    Profile

    Anita Ramachandran is the Founder of Cerebrus Consultants and a well known authority on Rewards.

    Anita began her career in the Management Consultancy division of AF Ferguson & Co. in Mumbai in 1976 as the first woman consultant in the firm. In her nineteen years stint with AFF, she worked in various parts of the country and was finally a Director of the firm.

    Anita founded Cerebrus Consultants in 1995 to focus on HR consulting including Organisation transformation. Her reputation and innovative work helped her build Cerebrus into a national presence in 5 years. Cerebrus has offices in 5 major cities and has worked with over 400 companies in South Asia in the last fifteen years. With over 50 consultants, Cerebrus has established itself as a specialist firm in the HR field.

    Anita is known as an authority in Reward management in the country and her work in the compensation and rewards area is well recognized. She advises about 100 companies each year on various aspects of rewards and addresses several issues related to top management Compensation and Rewards including Variable pay, ESOP and the enabling Performance Management Systems.

    Anita has written widely on the Rewards area in several local and international magazines. She wrote for 8 years in Business India, a well known column called "Job Watch".

    Anita is a MBA from the Jamnalal Bajaj Institute, Mumbai and has won several academic honours. She has graduated from R.A. Poddar College of Commerce, Mumbai University. She was a Dorab Tata scholar for 6 years through her college education and won several prizes at the University level in both graduate and post graduate level. She also pursued several extracurricular activities in her college days and has won several prizes for debating and writing.

    Anita champions several women's issues and is currently the Chairperson for TiE Stree Shakti.

    Anita is an independent Director on the board of several well known companies including UTI AMC, HCL Infosystems, Geometric Software and Godrej & Boyce.

    Anita is married and has two children, who live in the USA


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    SPEAKERS


    POOJA MINOCHA

    HR Leader

    Compensation and Benefits, MSD India

    POOJA MINOCHA

    HR Leader

    Compensation and Benefits, MSD India

    Profile

    Pooja is currently the Compensation and Benefits Head with MSD /Merck, India Region. She has over 14 years of wide expertise in Human Resource Management with specialization in Compensation & Benefits, HR Strategy and HR Business Partnership. Pooja has lead several projects in Total Rewards, Talent Management, Employee Engagement, Innovation in HR, HR scorecard, Organisation Structuring, Job Evaluation and Performance & Rewards and HR for HR.

    After a MBA from ITM, Mumbai, Pooja has worked in industries like Pharmaceuticals, Insurance , Telecom and BPO both in MNC and Indian companies like Merck, AXA, IBM , Reliance Telecom BPO, Spanco Telesystems.

    Whilst having an India focus, Pooja's work has also taken her to work for various international HR strategic projects for the APJ and EEMEA regions.

    Pooja is married and has two children age 1 year (daughter) and 8 years (son). She is a visiting faculty in MBA institutes and is associated with an NGO to support under privilege children.

    Pooja is a enthusiast who loves biographies, being a full time mother and advocating creativity in every walk of life.


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    A.THIRUNAVUKKARASU

    President - Group HR

    Vedanta (Sterlite Industries (I) Ltd.)

    A.THIRUNAVUKKARASU

    President - Group HR

    Vedanta (Sterlite Industries (I) Ltd.)

    Profile

    Mr Aiyasaamy Thirunavukkarasu, popularly known as "Thiru ", currently the President - Group HR of Vedanta Resources Plc, based at Mumbai. He has a total work experience of 25 plus years in the field of HRM.

    A 1984 batch of Social Work (PM & IR) of Loyola College, Chennai, Thiru's first assignment was that of Asst. Professor in the same department teaching Personnel Management and Organizational Behavior to his immediate juniors which was a unique experience, he re-calls where students were involved in selection of their teacher, a unique 360 degree selection process, pioneered quarter century ago.

    Thiru's next assignment was at English Electric Company of India Limited at their HO and Pallavaram Works near Chennai where he joined them as the first ever Management Trainee (P & A) and quickly groomed to handle key multi - disciplinary roles including labour relations wherein his sincere home work brought a few cases concluded in favour of management which was unheard in EE's history. During his stint of 5 years and a few people related issues which were handled by the HR team members in the most righteous manner has turned around the future of the company. Thiru proudly recollects his initial grooming under the then legends like M M Rao and Anto Vincent at English Electric as the strong foundation.

    Attracted to designation such as Dy Personnel Manager / Dy Manager - HRD, Thiru moved to Wimco followed by brief stints in export oriented Chinese and Korean start ups wherein he could establish basic rules of the game, aptly balancing tremendous pressure to improve production numbers and securing fair wages and welfare measures, especially the women who were engaged in large numbers at MEPZ. The production incentive scheme introduced in a simple and transparent manner helped employees to realize their dream - namely saving a substantial portion of monthly wages for their marriage, which Thiru recalls as a significant contribution impacting their lives.

    Hindustan Lever Limited (currently HUL) was setting up a green field whool on sheep skin tannery as part of their Exports division near Neyveli, Tamil Nadu in 1993 and when they were looking out for a Personnel Professional, the natural choice zeroed down to Thiru who by then was ready to head HR function of an upcoming manufacturing facility. Thiru worked closely with the expats from Sawyer of Nepa, California and recruited students from Gandhigram Institute , near Madurai ( who are trained in traditional tanning methods ) and trained them in modern tanning methodology and achieved dream ramp up of the project - global productivity and quality standards in record time. The unit was under external pressure always being a tannery and Thiru managed the external relations well, projecting the image of the company in the right perspective without compromising the ethical values of the company. He became the obvious choice when HLL was establishing its green field Detergents, Personal Products and Beverages factories in Pondicherry, to head HR functions for these new units and provide support to existing Foot Wear and Chemical units besides units acquired through Pond's merger. From 1995 - 2002, Thiru was actively involved in establishing these new units, achieved record productivity levels, introduced TPM, signed productivity linked settlements besides effectively managing the external pressures on the company including land-grab. These units had their own learning curve when young leaders were mis-guided by vested interests and ultimately Thiru could bring them back on track, due to his straight forward, fair and firm and humane approach in handling the people related issues. Even today, after a decade, employees and the union members of HUL, Pondicherry keep sharing their achievement whether they built their own homes or children joining in professional colleges and getting employed in reputed firms. Integrating TOMCO units and Modern Foods and closure of erstwhile Pond's unit were some of the experiences which further sharpened his skill sets. Needless to mention that Thiru got couple of Chairman's awards and promotions during this period. Nearly a decade tenure in HLL, made Thiru transforming from a young Personnel Professional to a all rounder in the sphere of HRM. Thiru claims proudly HLL always stood behind his decisions when it comes to establishing principles and never compromised for short term gains.

    Thiru moved to Chennai and joined TVS Electonics as its Head - Employee Relations in 2002 and worked for two years till 2004. Customer orientation, quality focus and welfare orientation were key learning during this stint for Thiru, who never hesitated to sit along with Contract Labour in the canteen, meticulously plan family events, sitting on the floor during meetings or cleaning the toilets on the May day as a mark of respect for the dignity of labour.

    During 2004, when Sterlite Industries India Limited advertised for the position of GM-HR for their Copper Smelter at Tuticorin - the inner voice directed Thiru to apply for the same. No doubt after a brief meeting with the consultant at Chennai, Thiru was advised to meet the top brass of Sterlite at Mumbai. The high powered panel met him for an hour or so and Thiru was astonished of the size and scale of projects and investments in the pipe line. He was asked to meet the Vice Chairman, Mr Navin Agarwal on the same day. The Bhagavat Gita which was kept in the VC's table created the right impact and Thiru joined the group and there is no looking back. During 2004 - 2007, Thiru served Sterlite Copper at Tuticorin , started initially as GM-HR and had risen to VP / Sr VP within a short span of time, providing leadership to HR, TQM, PR, Security and Admin, CSR functions. During his tenure Sterlite Copper figured as one of the Top Ten companies in BT survey in HR metrics and several accolades in TQM and CSR at National / International levels, besides local communities including women and youth experienced a "new Sterlite ", impacting their life more positively. The competency based assessment and the global leadership program piloted in the Copper business became the model across group companies.

    Thiru moved to Mumbai in 2007 as Head - Corporate HR for Vedanta Group through an internal selection process and became member of the prestigious "Executive Committee "of Vedanta Resources Plc. He was subsequently elevated as President - Group HR, driving strategic HR initiatives such as leadership hiring, revitalizing performance pay schemes, implementing HR score card across group, covering young talents in Vedanta's Long Term Incentive Plans, senior management compensation and brand building at campuses. He also co ordinates Chairman Anil Agarwal's employee workshops which is a unique feature being carried out religiously. He is very keen to improve the diversity at Vedanta and has formulated policies to prefer women professionals, hire young talents from remote locations and minority institutions. One of the group companies, HZL emerged as one among the top three companies in Hewitt's best employer survey in the recent past and Thiru encourages all his group companies to apply for such or similar awards just to get a feel, where we stand and evolve action agenda to where we want to be.

    As a global HR head for Vedanta, Thiru provides support to HR counterparts at KCM- Zambia and the Zinc International's facilities in South Africa, Ireland and Namibia besides Sterlite's copper mine in Australia. Post merger integration excites him but he does it quietly influencing the" vital few " and leaving the rest to the operating companies whether it is KCM at Zambia or Sesa Goa in India, Anglo Zinc Assets in South Africa, Ireland and Namibia or the new member of Vedanta family namely the oil and gas vertical - Cairn India Limited.

    Being humble and firm where required, always available for the core management team of operating companies to bounce concerns and ideas, ability to connect at all levels, understanding ground realities and providing practicable solutions seems to be the hall mark of Thiru. Aligning the HR function with the company's vision of emerging as the most respected natural resources major is the top most agenda for him and his HR team. Given Vedanta's Chief Anil Agarwal's relentless focus best practices and his renewed thrust on Safety, Governance, Innovation and Technology, the day is not too far for Thiru and his team to rejoice such a moment.

    On the personal front, Thiru is a gold medalist of Loyola College, Chennai and is married to M. Poonkuzhali an Electronics and Instrumentation Engineer. The couple recently celebrated their 25th wedding anniversary. They are blessed with a only child, A T Kaarthik, who is currently undergoing his MBA - HR (2012-2014 ) at NMIMS, Mumbai, in parallel completing courses in Six Sigma, Competency Framework and a project on Management Capability Index.


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    MADHAV KESWANI

    Regional Head of Performance Reward & Benefits)

    India & South Asia Standard Chartered Bank

    MADHAV KESWANI

    Regional Head of Performance Reward & Benefits

    India & South Asia Standard Chartered Bank

    Profile

    Madhav Keswani is the Regional Head of Performance Reward and Benefits (PRB), India and South Asia for Standard Chartered Bank, based in Mumbai. Madhav is a Reward Specialist with over 10 years of experience in the areas of talent management performance management, reward management and benefits. He is responsible for the Performance and Reward strategy for India and South Asia including subsidiaries working closely with the India and South Asia Management Committee.

    Madhav has successfully led the talent retention strategy for the Bank in India and has been involved in various acquisitions involving rewards and benefits harmonization and continues to build focus on people investments and reward strategies to complement Standard Chartered India's record income and profits for the 7th successive year in 2009! . Madhav enjoys using the total reward approach to develop and implement interventions that are both high impact and cost efficient.

    Prior to joining Standard Chartered in 2006 Madhav had held senior positions in Watson Wyatt (now Towers Watson) and Sapient Corporation. Madhav is a Chartered Accountant and B.Com from Mumbai University.


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    BIJAY SAHOO

    President – HR

    Reliance Industries Ltd.

    BIJAY SAHOO

    President – HR

    Reliance Industries Ltd.

    Profile

    Bijay has over 25 years of experience in leadership positions in leading National and Global corporations. He specializes in the areas of Human Resource Management, Leadership Development, Organization Development and Change Management.

    Bijay is currently the President – HR in Reliance Jio Infocomm. Before this role he was President – HR in Reliance Retail. He has been on the board of multiple Reliance Retail companies as a part of the Central Leadership Team and "Executive Council Member" of Reliance Retail.

    Prior to this role, Bijay was the Vice President and Global Head HR of Wipro Technologies. In this role, he developed and practiced many innovative and successful Talent Strategies, Policies, Processes, Compensation and Benefits programs for Wipro's global operations and handled many Mergers and Acquisitions internationally.

    Prior to Wipro, Bijay was the Principal Consultant in PricewaterhouseCoopers where he was the leader of the HRM consulting practice of the Management Consulting Division of PwC in India.

    Prior to PwC, he was the Manager / Head HR in two large commercial banks in India.

    He was for over 5 years the Chairman of Conference Board's HR Council in India. He also served SHRM India in its "Advisory Board".

    Bijay is currently the Chairman of RASCI i.e. Retail Skills Council of India which is promoted by Retailers' Association of India (RAI) and the leading Retail companies of India with aid from NSDC(National Skills Development Corporation).

    He is also the Chairperson of RAI's HR Committee.

    He serves on the Governing / Advisory Boards of many reputed Universities and Educational Institutions.

    Bijay has been a speaker in the areas of Talent Management and Leadership Development in India and abroad.


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    HARSHU GHATE

    Co - Founder & CEO

    ESOP Direct

    HARSHU GHATE

    Co - Founder & CEO

    ESOP Direct

    Profile

    Bijay has over 25 years of experience in leadership positions in leading National and Global corporations. He specializes in the areas of Human Resource Management, Leadership Development, Organization Development and Change Management.

    Bijay is currently the President – HR in Reliance Jio Infocomm. Before this role he was President – HR in Reliance Retail. He has been on the board of multiple Reliance Retail companies as a part of the Central Leadership Team and "Executive Council Member" of Reliance Retail.

    Prior to this role, Bijay was the Vice President and Global Head HR of Wipro Technologies. In this role, he developed and practiced many innovative and successful Talent Strategies, Policies, Processes, Compensation and Benefits programs for Wipro's global operations and handled many Mergers and Acquisitions internationally.

    Prior to Wipro, Bijay was the Principal Consultant in PricewaterhouseCoopers where he was the leader of the HRM consulting practice of the Management Consulting Division of PwC in India.

    Prior to PwC, he was the Manager / Head HR in two large commercial banks in India.

    He was for over 5 years the Chairman of Conference Board's HR Council in India. He also served SHRM India in its "Advisory Board".

    Bijay is currently the Chairman of RASCI i.e. Retail Skills Council of India which is promoted by Retailers' Association of India (RAI) and the leading Retail companies of India with aid from NSDC(National Skills Development Corporation).

    He is also the Chairperson of RAI's HR Committee.

    He serves on the Governing / Advisory Boards of many reputed Universities and Educational Institutions.

    Bijay has been a speaker in the areas of Talent Management and Leadership Development in India and abroad.


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    M. T. Lakshmanan

    Head - Talent Management and Total Rewards

    Larsen & Toubro Limited

    M. T. Lakshmanan

    Head - Talent Management and Total Rewards

    Larsen & Toubro Limited

    Profile

    M. Lakshmanan (Laks as he is called by his friends and collegues) isHead – Talent Management and Total Rewards, Corporate HR, Larsen & Toubro Limited, Mumbai.

    Lakshas over 23 years of work experience and has held Senior positions with Reliance Industries Limited, Patni Computers (now iGate), Mphasis Ltd, HexawareTechologies and Tata Communications (fka VSNL). Laks has worked and managed teams across Global Geographies.

    Laks has extensive "hands on" and "minds on" experience in Global Talent Management, Compensation and Benefits, Talent Acquisition, M&As, Enterprise Process improvements and Operations.

    Laks is a active member of HR Infotech Association, NHRDN and was President of HR Infotech Association in the year 2009-10. Laks is a regular speaker in various forum and also guest lectures at leading Management Institutes in Mumbai.

    Laks is married and his spouse teaches in a Management Institute in Mumbai and his son is 18 years studying Engineering in the US.


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    SUDIPTO MANDAL

    Head Rewards

    Asian Paints Ltd.

    SUDIPTO MANDAL

    Head Rewards

    Asian Paints Ltd.

    Profile


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    HRUSHIKESH M.

    VP – HR

    CapGemini India

    HRUSHIKESH M.

    VP – HR

    CapGemini India

    Profile


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    SANJAY GAWDE

    Sr. GM - HR & IR

    John Deere India Pvt. Ltd.

    SANJAY GAWDE

    Sr. GM - HR & IR

    John Deere India Pvt. Ltd.

    Profile


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    EMMANUEL DAVID

    EVP & CHRO

    Voltas Ltd.

    EMMANUEL DAVID

    EVP & CHRO

    Voltas Ltd.

    Profile


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    PRIYA KHARE

    Head - HR

    BNP Paribas ISPL

    PRIYA KHARE

    Head - HR

    BNP Paribas ISPL

    Profile


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    VENKATTESH R.

    Head - HR

    DCB Bank

    VENKATTESH R.

    Head - HR

    DCB Bank

    Profile


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    COLIN MENDES

    General Manager & Head - HR,

    DPG Voltas Limited

    COLIN MENDES

    General Manager & Head - HR,

    DPG Voltas Limited

    Profile


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