Total Reward Strategy

Challenges in The New Era

Dr. Alex Denni

Chief Human Capital & Transformation Officer
25th July 2019
The Rise of Talent War…
 Market Value: 150 Million Euro (sekitar 2,4 T Rupiah)
Salary: 40 million euro/year (sekitar 623 M Rupiah)

Lionel Messi (32 years old)

Barcelona
 Transfer Fee : 117 million euro (sekitar 1,85 T Rupiah)
Market Value: 90 million euro (sekitar ± 1,4 T Rupiah)
Salary : 31 million euro/year (sekitar 483 M Rupiah)

Christiano Ronaldo (34 years old)

Juventus
 Transfer Fee : 135 million euro (sekitar 2 T Rupiah)
Market Value: 200 million euro (sekitar ± 3T Rupiah)
Salary : 17,5 million euro/year (sekitar 273 M Rupiah)
Projected salary : 50 million euro/year (sekita Rp 780 M Rupiah)

Kylian Mbappe (20 years old)

PSG
 Transfer Fee : 126 million euro (sekitar 1,96 T Rupiah)
Market Value: 70 million euro (sekitar ± 1,1T Rupiah)
Salary : 3,5 million euro/year (sekitar 54,5 M Rupiah)
Projected salary : ??

Joao Felix (19 years old)

Atletico Madrid
 AGENDA
01 INTRODUCTION

02 HUMAN CAPITAL ARCHITECTURE

03 TOTAL REWARD

04 Q&A
 Our Economy in 2050

E7 : Top 7 Emerging Countries

G7 : Top 7 Developed Countries
Source : PWC 2017
 2030
1. China
2. USA
3. India
4. Jepang
5. Brazil
6. Russia
7. Indonesia

Source: McKinsey Global Institute, 2012

 ASEAN ECONOMIC COMMUNITY Since 2015

Regional Single Market and Production Based: Free flow of Goods, Service,
Investment, and Skilled Labour (Knowlede Worker)
Talent Shortage Dilemma
 Global Talent Competitiveness Index (2019)

High ranking countries share key traits, including educational

systems that meet the needs of the economy, employment
policies that favour flexibility, mobility and entrepreneurship, and
high connectedness of stakeholders in business and
government.
Indonesia’s Demography Dividend

80% Millennials!
 Setelah pekerjaan besar
infrastruktur, kita bergeser ke
Investasi SDM.
APBN 2019 difokuskan untuk
pengembangan SDM

Sumber : Kompas, 15 Maret 2018

Big Company Falls Down...
Big Company Falls Down...
Big Company Falls Down...
Big Company Falls Down...
WORLD
“Saat ini kita telah memasuki era revolusi industry 4.0 dan
dalam era ini akan muncul 3,7 juta pekerjaan baru sebagai
dampak ekonomi digital dan 52,6 juta pekerjaan
berpotensi akan hilang.”

“Perkembangan teknologi dapat memicu perubahan

model bisnis dan PHK bisa muncul sebagai dampak.
Perusahaan dapat melakukan PHK selama prosesnya
benar sesuai aturan.”
 Imagine how they learn…

The largest transportation the world's most popular media

company, owns no vehicles owner creates no content

One of the world's most valuable The world's largest

retailer, has no inventory accommodation provider,
owns no real estate
What skills needed?
 Learn the differences…

Traditional Industry Industry 4.0

Process Rigid and Manual Agile and Automated

Product Standardized Personalized and Customized

Scale of Company Large Company Structure at Small Company Structure at

Structure Centralized Location Decentralized Location

High Return on Capital Employed

Success Metric Low Cost, High Efficiency
(ROCE)

Client Relationship Low and Indirect High and Direct

 AGENDA
01 INTRODUCTION

02 HUMAN CAPITAL ARCHITECTURE

03 TOTAL REWARD

04 Q&A
 Talent &
Succession

Human Capital Architecture

Technology is the enabler &

EVP
Leadership is the driver !

Learning &
Reward & Development
Recognition
 AGENDA
01 INTRODUCTION

02 HUMAN CAPITAL ARCHITECTURE

03 TOTAL REWARD

04 QUICK WINS
The Goals

MOTIVATE

ATTRACT
RETAIN

Targeted Talent
The Art of Balancing Reward

FIX TO FIX

VARIABLE TO VARIABLE

SHORT TO SHORT

LONG TO LONG
 Total Rewards

Foundation
FoR al Rewards

MoRe Motivational
Rewards

Benefit Benefit &

Allowance

Working
Enter your
WE Environmen
text here
t

Growth
GO Opportunity

FoR MoRe Benefit WE GO

 Foundational Rewards Trends

Fix portion : declining,

Personalized
broadband & small overlap

Person
Person
Value Competency Education Experience
Value
Concept
 Motivational Rewards Trends

Variable & Differentiation More Frequent

Spot Bonus, Peer Bonus

 Benefit & Allowances
1 2 3
Iuran BPJS TK
4 5 6 7 8
Perjalanan Perjalanan Penghargaan
Remunerasi & BPJS Baporseni
Dinas Kesehatan Asuransi Dinas Masa Kerja
Paska Kerja Kesehatan Karyawan

9 10 11 12 13 14 15
Perolehan
Pakaian Transportasi & Keselamatan
Ongkos Cuti THR Rekreasi Sertifikat Ijin
Dinas Komunikasi Kerja
Kerja

Flexible Benefit
1. Ditentukan oleh karyawan
2. Optimal sesuai pilihan karyawan
3. Relevan dengan kebutuhan
karyawan
4. Bersifat personal

Usia <30 Usia 30 - 45 Usia 46 - 56

Working Environment

Flexi time
SOHO
Mobile Office
Working anytime from any
where…
 Learning & Development
70%
Learn and
20%
Develop through
Experiences Learn and Develop
10%
• Apply learnings in a real situation through Others
•
•
Try a new approach to an old problem
Take on new tasks and responsibilities
Learn and Develop
• Solving Problems in your current role •
•
Seeking feedback, work debriefs
Seeking advice, asking for
through Formal
• Substitute for superiors in meetings
• Cover for others on leave
•
opinions
Seeking 360 degree feedback
Sources
• Take part in project or working group
• Job rotation or seconments • Feedback from an assessment • Formal education (e.g. College,
• Take on stretch assignments • Observing others University, Qualifications)
• Lead a team and/or project • Participating in communities of • Training Courses

Growth •
•
Increased span of control
Increased decision making •
practice
Interacting with others,
conversations
•
•
Development Programs
Visit seminars, conferences
• Champion and/or manages changes • eLearning, Webinars, MOOCs
Opportunity •
•
Delivering team work
Cross functional collaboration
•

•
Reflecting on interactions with
others
Testing ideas with others
•
•
Participate in workshops
Accreditation, certification
• Conduct site/customer visits • Read books, articles, reports,
• Apply standards and best practices • Brainstorming with others
• Coaching manuals
• Work with consultants and experts
• Presenting / Public Speaking • Mentoring • Browse website, read blogs
• Take part in project reviews • Networking and social activities • Watch videos
• Volunteering • Peer group learning • Etc
• Interviewing • Group Discussions
• Budgeting • Asking Questions
• Etc • Etc
 Learning & Development

JMLW
Jasa Marga Daily Quiz
Learning Wallet for
everyone
Daily Quiz aims
to check
personalized
learning needs

Collaborative
Adult Learning
Peer Assist, Find Coach, JM Click as a
Find Expert, Find Mentor,
Group Learning
Digital Platform
Timely, bite size, multiple entry-
multiple exit and personalized
Prepare for Big Data, Machine Learning learning based on employee’s
and Artificial Intelligent capability preferences
 Formal Learning?

Top 20 Universities more for Employee Experience &

Employer Branding
 AGENDA
01 INTRODUCTION

02 HUMAN CAPITAL ARCHITECTURE

03 TOTAL REWARD

04 Q&A
THANK YOU