www.eoh.c

o.za

www.eoh.c

o.za

ESOP’s : The Softer Side

Sharon Nieuwoudt

Agenda

Setting the Scene

Golden Key

Closure

Setting the Scene

History of ESOP

Implement

Communicate

?

Design

Setting the Scene

Golden Key Golden Key

Sustainable

Employee

Engagement

Back to the drawing board…..

Engagement is NOT…..

Happiness

Satisfied

Sustainable Engagement is…….

The commitment the

have for the organisation and its

goals

What does the STATS say?

Exte

rnal E

nvir

onm

ent

Legislation

Eskom

Labour

Unrest

SA

Economy

Credit

Ratings

Fuel

Prices

World

Economy

Bullseye !

Source: Marketing Innovators, ROSEMONT, IL, FEBRUARY 23, 2015

Let’s talk MONEY !!

Source: BI Worldwide, The Global Engagement Agency, 2014

Engagement –

understanding the myths

Source: Michael C . Fina. Celebrate Success, White Paper, 2014

Creating a tail wind on current reality

2015

Economic

Climate on

Home Ground

Economic growth has been

reduced to 1.5% for 2015

(the weakest since the

2009 recession).

electricity crises

lack of

capital

projects

weak rand

Inflation Rate to be 5% and

increase to 5.25% in Q1

2016.

Source: South African Reserve Bank

The secret of Sustainable Engagement

Source: Towers Watson Global Talent Management and Rewards Survey.

1,637 companies worldwide, 32,000 employees selected from research panels that represent the populations of full-time employees working in large and midsize organizations across a range of industries in 26 markets around the world.

1 Leadership

• Effective and growing

the business

• Sincere interest in

employees’ well-being

• Behaves consistently

with organisation’s core

values

• Trust and confidence in

job being done

2 Goals &

Objectives

• Good understanding of

organisation's business

goals and steps needed

to reach those goals

• Understanding of how job

contributes to the

organisation achieving its

business goals

3 Workload &

work/life

• Health balance between

work and personal life

• Work arrangements are

flexible

• Enough employees in

work group to get job

done right

• Amount of work required

is reasonable

4 Image

• Organisation highly

regarded by general

public

• Organisation conducts its

business with honesty

and integrity

5 Empowerment

• Management involves

employees in decisions

that affect them

• Organisation seeks

opinions / suggestions of

employees

• Organisation acts on

employee suggestions

What does the Hand do?

Our Fingerprint

•Camaraderie

•Collegial Work Environment

•Co-worker Quality

•Manager Quality

•People Management Reputation

•Senior Leadership Reputation

•Base Pay (Compensation)

•Health Benefits

•Retirement Benefits

•Vacation

•Discretionary time off

•Performance bonus

•Ownership

•Professional Development Opportunities

•Future Career Opportunities

•Organisational Growth Rate

•Management Development Opportunities

•Organisational Stability

•Advancement through performance

•Company Reputation

•Diversity in the workplace

•Empowerment

•Professional ethics

•Informal Work Environment

•Market Position

•Respect

•Social Responsibility

•Technology level

•Environmental Responsibility

•Business Travel

•Innovation on projects

•Positive job impact

•Job interest alignment

•Location of office or projects

•Recognition of performance

•Schedule of flexibility

Source: Corporate Leadership Council, 2015 .

Let’s bring it home

Implement

Communicate

Employee Value Proposition

Design

Closure