Human resource management

HR is changing. In an ever-evolving business environment, tremendous forces are radically reshaping the workplace.

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There are new workforce management, business talent solutions, and technology challenges to be faced as business leaders wrestle with disruptive innovation, global trade, skills mismatches and the constant tests of risk and regulation. Inside each of these challenges is an opportunity to redefine and reinvigorate the performance of your organisation through the way work gets done. Building greater enterprise value with a resilient and dynamic workforce means your business will be agile enough to navigate any scenario with a team that not only adapts, but thrives. 

Let us show you what is possible and work side by side with you based on our deep consulting experience in human resources (HR) management to help your company build differentiated capabilities to win in the market competition.

How we can help

PwC helps clients cope with the challenges of talent and improve the effectiveness of HR functions. Our design solutions are backed by one of the world's most robust database of human resources metrics - Saratoga, which covers industry sectors worldwide with more than 300 metrics relating to workforce productivity, span of control, succession, recruiting costs and efficiency, quality of hire, labour costs, turnover, diversity, human resource department cost, and organisational structures.

Our services include job management, compensation and long-term incentive, staff performance management, talent development and learning.

Our experiences:

  • For a global energy company seeking a comprehensive assessment of its global performance management processes applying to more than 100,000 employees, we helped the client review and optimise the compliance and quality of its performance assessment framework and provided tools and support to ensure the effective implementation of new processes.
  • For a large and state-owned company funded by State-owned Assets Supervision and Administration Commission (SASAC) in China seeking job and compensation system optimisation, we helped the client identify pivotal roles, build a scientific and effective job management system based on our industry-leading job evaluation tool and proposed optimisation programs to ensure the improvement of performance.

Job management

Job is the organisational unit at the most basic level of the corporate strategy. PwC’s job management takes the job value as the core. By evaluating each job with the STRATA method, we provide structure and hence clarity, transparency and comparability with regard to the comparative worth of each job within the company. This helps companies to create consistency and transparency as a basis for a variety of HR policies and instruments. Once jobs have been evaluated in line with the STRATA grading structure, different HR instruments can be linked to it (e.g. compensation, benefits, career paths, etc).

 

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Compensation and long-term incentive

We are able to provide one-stop consulting services for human resources, regulations, taxation, finance and valuation in compensation and long-term incentive design. The “one-stop” consulting team consists of experts who specialise in various fields to provide comprehensive solutions for clients.

  • Workforce rewards consulting helps you plan, execute and monitor the employee rewards programs and make sure you attract, retain and motivate your people with the right package.
  • Benefits consulting helps you plan, execute and monitor the employee benefits and other HR programs, focusing on their regulatory compliance and administration efficiency.
  • Executive compensation consulting helps you consistently reward superior performance, attract and retain key executives and talents.

At the same time, PwC conducts annual executive compensation and equity incentive research around the world, paying close attention to global market development trends and advanced practices. In China, we have conducted four executive compensation and long-term incentive research since 2008. We collect first-hand practice information, including domestic and overseas listed and unlisted companies based on surveys, and continue to provide Chinese companies with the most targeted and representative in-depth research results. By carrying out comprehensive and targeted analysis, we are able to provide advices on long-term incentive design, decision-making and implementation management.

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Staff performance management

Staff performance management needs to be seamlessly linked to organisational performance management. We cascade business objectives into performance indicators at all levels of the organisation, and then extract the differentiated indicators through the analysis of job characteristics - use this as the standard for performance assessment to support and ensure the realisation of corporate strategic goals. At the same time, we help you establish a system-based performance management reporting system that reflects the employee's work status in real-time and provides accurate decision support for staff performance management.

 

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Talent development and learning

Talent development and learning enable and ensure the sustainable growth of a business. The development of a competitive talent pool has gradually become one of the key success factors for building winning companies. We help clients design customised competency models and specific development and learning schemes based on the demands of individual talent groups and link them to the corresponding training programs. At the same time, we connect design solutions with performance management, compensation and long-term incentive, culture and other relevant modules to ensure the sustained competitiveness of clients’ talent pool.

 

 

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Contact us

Johnny Yu

Johnny Yu

China Consulting Partner, PwC China

Tel: +[86] (10) 6533 2685

Lukia Xing

Lukia Xing

Partner, PwC China

Tel: +[86] (10) 6533 7018

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