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Click to edit Master title style Total Rewards Strategy 5-year Plan HUMAN RESOURCES DEPARTMENT
14

Click to edit Master title style - Home | IPMA-HR

Nov 27, 2021

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Page 1: Click to edit Master title style - Home | IPMA-HR

Click to edit Master title style

Total Rewards Strategy 5-year PlanHUMAN RESOURCES DEPARTMENT

Page 2: Click to edit Master title style - Home | IPMA-HR

Purpose of Briefing

• Present findings from the Mercer

evaluation

• Present human resources workforce

strategy recommendations

• Goals and next steps - discussion

Hennepin County | 2

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Findings of Mercer Study

• Focus groups input

• Benchmark comparison

• What Hennepin County does well

Hennepin County | 3

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HR strategy Recommendations

• Benefits

• Culture

• Compensation

• Communication

• Leadership support

Hennepin County | 4

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Total Rewards Goal

To attract and retain a well-qualified

and diverse workforce by creating

a comprehensive Total Rewards*

strategy that communicates the value

of working for Hennepin County.

*Definition: "Total rewards" encompasses not only

compensation and benefits but also personal and

professional growth opportunities and a motivating

work environment (for example, recognition, valued

job design, and work/life balance).

– Society for Human Resource Management

Hennepin County | 5

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Philosophies

Hennepin County | 6

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Benefits Strategies

Hennepin County | 7

ALREADY IN THE WORKS

• Trade time for fitness

• Tuition reimbursement

• Paid parental leave

• Wellness platform

• Additional benefit options

and advantage plan

• Pay and benefits statement

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Benefits Strategies

Hennepin County | 8

SHORT AND LONG-TERM RECOMMENDATIONS

• Bring benefits to benchmark

• Life and AD&D

• Dental plan

• Deferred compensation

• Increase benefits communication and education

• Retirement planning and financial literacy

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Culture Strategies

Hennepin County | 9

ALREADY IN THE WORKS

• Leadership development

• Career development

• Mentoring

• Strengths Culture

• Volunteering / giving

• Employee Resource Groups

and Communities of Practice

• Core Values

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Culture Strategies

Hennepin County | 10

SHORT-TERM RECOMMENDATIONS (2017)

• New employee orientation expansion

LONG-TERM RECOMMENDATIONS (2017 – 2021)

• Career development framework

• People management training

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Compensation Strategies

Hennepin County | 11

SHORT AND LONG-TERM RECOMMENDATIONS (2017 - 2021)

• Non-organized performance / merit pay pilot

• Compensation structure

• Comprehensive market pay assessment

• Pay + benefits negotiation

• Job classification structure

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Communication Strategy: A New Approach

• Total rewards philosophy statement

• Health and work-life benefits launch

• Retirement education campaign

• Compensation program education

• People management training launch

Hennepin County | 12

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Leadership Support

• “One Hennepin” messaging

• Organizational accountability

• Leadership expectations

• Managerial courage

• Manager ownership of outcomes

• Manager training expectations

Hennepin County | 13

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Goals and Next Steps