中国移动人力资源项目薪酬及期权项目报告说明会

ChinaMobileHumanResourcesEnhancementProjectMeetingAcentureConsultancyCo.,LtdJuly,2001Page2Agenda‹ProjectdeliverableDiscussionPartI：MarketComparisonResultPartII：SalaryStructureDesignPartIII：BenefitPlanSuggestionPartIV：StockOptionPlanSuggestionConfidentialDraftforDiscussiononlyPage3PartII.SalaryStructurePage4ConsiderationsinSalaryStructuredesign‹BasedontheproposedsalarystructurediscussedinlastmeetingonJune1st,andtheinterviewwithChinaMobiletopmanagement,consideringthecurrentsalarysituationofChinaMobilethreepilotsites,suggestedsalarystructureisdesignedbasedonthefollowingpayphilosophy：–Allemployees’GuaranteeCashshouldbecorrespondtoMarketmedian(P50).Andbasedonthemarkettrend,widentheGCgapamongdifferentlevelsofemployeesgradually,thuschangethecurrentsituationthatGCvariesslightlyamongdifferentlevels.–AdjustthepercentageofVariablePayVsGuaranteeCash,thuschangethecurrentsituationthatVPpercentageistoohigh.–WidentheTotalCashsalarygapamongdifferentlevelsbasedontheMarkettrend.–TimeframeforachievingTargetMarketPosition:3yearsPage5ConsiderationsinSalaryStructuredesign‹Inordertoincreasetheaccuracyofthenewsystemdesign,andmakeiteasiertodocostanalysis,theproposednewsalarystructureadoptstheactualsalarydataofallemployeesprovidedbyHRdepartmentofChinaMobileBeijing,HebeiandShandong‹ThegradinginformationadoptedinthenewsalarystructureisbasedonGGS,whichisjustforsalarystructuredesignuse,notthefinalgradingresultforChinaMobile‹AccordingtoAcenturesurvey,annualsalaryincreaseratevariesfrom5%to11%,soweassumetheaveragesalaryincreaserateofmarketwillbeat8%inthenextthreeyearsPage6SalaryStructureDesign-GuaranteeCash‹ThefirststepforsalarystructuredesignistosettheGuaranteeCashforeachgradebenchmarkingwithmarketsituation.Thedetailprocessisasfollowing:SettheAnchorpointforMid-PointadjustmentSettheAnchorpointforMid-PointadjustmentSettheSalaryProgressionSettheSalaryProgressionSettheRangeSpreadforeachgradeSettheRangeSpreadforeachgradePage7GuaranteeCash－AnchorPoint‹Grade11areselectedtobetheanchorpointsforsalarystructuremidpointdesign,followingisthedetailinformationforthreetimesadjustment:BeijingHebeiShandongPage8‹Mid-pointprogressionreferstothepercentagedifferencebetweenthepaygrademid-points.Thelargerthemid-pointsprogression,thefewerthenumberofjobgradeswithinapaystructure.‹Therearetwoconsiderationswhensettingmid-pointprogressionÈiftheprogressionistoohigh,possibleresultcouldbecostlypromotionalincreasesÈiftheprogressionisrelativelylow,possibleresultcouldbesalarycompressionissuesanddifficultyinmatchingpromotionswithappropriatecompensationreward‹Consideringthewholestructure,theprogressionisadjustedgraduallybygrade,tillintheendthestructureisadjustedtothesituationthatthehigherthegradeis,thebiggerthepaygapis.Grade17~19(SeniorMgt.)12~24%(Increase)18~23%(Increase)10~23%(Increase)Grade12~16(MidMgt.)12~23%(Increase)17~23%(Increase)10~23%(Increase)Grade6~11(Supervisor)5~23%(Increase)10~22%(Increase)10~21%(Increase)Grade1～5(GeneralStaff)5~21%(Increase)5~20%(Increase)1~20%(Increase)BeijingShandongGuaranteeCash－Mid-pointProgressionHebeiPage9GuaranteeCash－Mid-pointProgressionBeijingHebeiShandongPage10‹Asalaryrangeconsistsofaminimumpayvalue,amaximumpayvalueandamid-point.Thedifferencebetweenthemaximumandtheminimumistherangespreadorthethewidthoftherange‹Rangespreadsvarybasedonthelevelofsophisticationofskillsrequiredforajob.Jobsrequiringskillswhichcanbemasteredquicklyusuallyhaveanarrowerpayrange.Seniorjobswhichrequirealongerlearningcurveandoftenhavelimitedopportunitiesforadvancementtendtohaveawiderpayrange‹CurrentlyChinaMobileBeijing’srangespreadisrelativelybig,thusweadjusttherangespreadgraduallybasedonthemarkettrend.Intheend,thesituationisthatthehigherthegradeis,thewidertherangespreadis.Grade17~19(SeniorMgt.)35~45%(Increase)35~45%(Increase)35~40%(IncreasGrade12~16(MidMgt.)35~40%(Increase)35~40%(Increase)35~35%(NoChanGrade6~11(Supervisor)35~30%(Decrease)35~30%(Decrease)35~30%(DecreasGrade1～5(GeneralStaff)35~20%(Decrease)35~20%(Decrease)35~20%(DecreasGuaranteeCash－RangeSpreadBeijingShandongHebeiPage11GuaranteeCash－RangeSpreadBeijingHebeiShandongPage12GuaranteeCash－Mid-PointAdjustmentProcessBeijingHebeiShandong0100,000200,000300,000400,000500,000600,000700,000800,000900,000135791113151719GradeGuaranteed(RMBp.a.)1stAdjustment2ndAdjustment3rdAdjustment2001MarketMedium2002MarketMedium2003MarketMedium0100,000200,000300,000400,000500,000600,000135791113151719GradeGuaranteed(RMBp.a.)1stAdjustment2ndAdjustment3rdAdjustment2001MarketMedium2002MarketMedium2003MarketMedium0100,000200,000300,000400,000500,000600,000700,000800,000135791113151719GradeGaranteedCash(RMBp.a.)1stAdjustment2ndAdjustment3rdAdjustment2001MarketMedium2002MarketMedium2003MarketMediumPage13‹SincecurrentlyinChinaMobile,theGuaranteeCash(BaseSalary)isquitelowcomparingwiththemarketsituation.Sobasedontheabovedesign,aftertheadjustment,theGuaranteeCashhasbeenincreased,andthehigherthegradeis,thebiggeradjustmentforGuaranteeCashhasbeenmade.GuaranteeCashIncreasingrateBeijingHebeiShandongGrade17~19(SeniorMgt.)122~146%60~61%149~178%