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Q: What are the phases of Performance Appraisal Cycle?
A: Performance Appraisal Cycle usually contains three phases: Performance Planning, Performance Coaching and Performance Review. In the Performance Planning phase, the appraiser and appraisee will discuss together and agree on the performance standard for the coming year whereas in the Performance Coaching phase, the appraiser should provide guidance as well as feedback on the appraisee’s performance to help the appraisee achieve the performance standard. Finally, the appraiser will assess the performance of the appraisee in the Performance Review phase according to the achievement of the agreed performance standard. |
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 Seminar on Coping Strategies for HR Challenges in Macau |
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| Kingdee International Software Group (H.K.) Ltd. / T.G. Cyber-Tech Co. Ltd. - 15 July 2011 |
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We are glad that HMI Consulting Limited was invited by Kingdee International Software Group (H.K.) Limited and T.G. Cyber-Tech Co. Ltd. to give a speech on the topic of 'Coping Strategies for HR Challenges in Macau' in an HR sharing event on July 15, 2011.
The speech, delivered by Mr. Victor Tsang of HMI Consulting Limited, aimed to provide practical tips to the HR practitioners in Macau in overcoming the specific challenges they face in Macau. With the rapid growth of the entertainment / hospitality industry in recent years, HR professionials in Macau have been suffering from problems such as talent shortage, high turnover, rapid salary increase, staff training / readiness, and etc. During the speech, Victor clarified the organization issues related to HR strategies and functions, as well as the handling of new generation workforce's expectation. He further shared the practical steps that HR practitioners can easily apply to their organization to enhance their talent management strategies, and to overcome the challenges they face in Macau.
"The seminar provided me with good insights", said Mr. Patrick U, Managing Director of T.G. Cyber-Tech, "and the general HR practices of organizations in Macau should be enhanced as Victor described so that Macau enterprises can overcome the even bigger challenges in the future."
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Training Workshop on Team Building and Communication
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| Shiseido (Hong Kong) Limited - 18 July 2011 / Protechnic Machinery Limited - 21 July 2011 |
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We are proud to announce that HMI Consulting has successfully conducted Team Building Workshops for Shiseido Hong Kong Limited and Protechnic Machinery Limited on July 18 & 21, 2011 respectively.
In today’s business world, job knowledge is not enough to guarantee work success as we also need to work effectively with different team members in order to get tasks done. Furthermore, the culture of a company cannot be formed if team members are not aligned with the same vision, mission and values. Therefore, in order to enhance team spirit, staffs' understanding of company's cutlure and cross-team colloaboration, Team Building Workshops with embedded core messages can be adopted to strengthen team work and communication of different divisions, departments, or the company as a whole.
Shiseido (HK) Limited, a renowned cosmetic company with product marketing and distribution capabilities, and Protechnic Machinery Limited, a leading industrial machinery distributor in Hong Kong / China, recently appointed HMI Consulting to customize different team-building workshops to heighten the creativity, problem solving, communication and team management skills of their staff. Through interactive lectures, games, role plays, case studies and etc, HMI assisted employees of both companies to realize the benefits and importance of teamwork. The participants enjoyed the interactive workshops very much, and were inspired by the meaningful activities on team works. They were also commited to practice the lessons learnt in the workplace.
The size of team building workshops can be varied according to different needs too. Some clients like to hold a company-wide workshop to fortify the company's culture. In this case, workshop size would be 100 to 200 participants. In other cases, cross-team or department team work enhancement is the focus, and the workshop size would be 20 to 30 participants.
To learn more on how HMI Consulting can help your company to enhance team work and company culture, please call (852) 3627 3673 or email to info@hmi.hk.
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Upcoming Event
Training Workshop on Strategic Human Resources Management for Non-HR Managers |
To remain competitive in nowadays business environment requires not only good planning, execution and control but also committed people working in alignment with corporate directives. Recruiting, developing, motivating and retaining good people have become a critical success factor for every organization. To maximize the investment return of human capitals, line managers need to understand the function of the HR Department and how they can leverage the HR systems in place for managing their staff. Through this interactive training workshop, we aim to assist participants in recognizing the fundamental principles of HR management as well as different people management know-how.
Workshop Outline:
Introduction to Human Resources Management
• The Role and Function of the HR Department
• Latest Trends of HRM and Approaches
• From Personnel Administration to HRM
• Alignment of Human Resource Management to Business Strategies
• The HRM Cycle and Process
1.) Recruiting and Selecting Staff 2.) Developing Staff Competencies
3.) Measuring and Excelling Staff Performance 4.) Attracting, Motivating and Retaining Staff
Involving Line Managers in HRM
• Roles and Responsibilities of Line Managers in HRM
• Aligning Team/ Departmental Objectives with Business Strategies
• Understanding How Your Team/ Department Interacts with Other Functions/ Business Processes
• Understanding the Job Responsibilities and Competency Requirements for Different Positions
• Interviewing Skills for Recruiting & Selecting the Right People
• Setting Staff Performance Standards and Assessment Criteria
• Coaching Skills and Effective Empowerment for Better Team Performance
• Giving Positive and Constructive Feedback on Staff Performance
• Appraisal Skills for Conducting Performance Review with Staff
• Developing Staff Development/ Performance Improvement Plan
• Handling Difficult and “Problematic” Staff
• Essential Motivation & “Heart-winning” Techniques for Line Managers
• Leveraging Company’s Compensation & Benefits Policy in Staff Motivation & Retention
Date: 30 August 2011 (9:30am to 5:00pm)
Venue: 4/F Opulent Building, 402-6 Hennessy Road, Wanchai, Hong Kong
Medium: Cantonese with English materials
Fee: HK$1,100
To register for this workshop, please click HERE. To learn more on how HMI Consulting can help your company's management team to enhance corporate and departmental performance, please call (852) 3627 3673 or email to info@hmi.hk. Free Strategic HR System Demonstration |
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What can enable you to do value-added HR strategy planning rather than repetitive administrative HR tasks?
HMI Consulting now partners with SuccessFactors Inc to offer 1-hour free advisory meeting to help transform HR managers into strategic partners of your CEOs, enabling HR executives to make higher impact on business results. SuccessFactors Inc. is the leading provider of on-demand employee performance and talent management solutions that enable organizations of every size, across every industry and geography, to realize their employees’ potential and thus drive business results.
"PROFILE [SuccessFactors rebranded for internal use] has totally changed the motivation of performing and tracking the appraisal process of my executives, It’s very interactive and relevant and all people involved find it very beneficial and effective. I am delighted with the first results and look forward to the ongoing process over this year.” - Clemens Hoerth, General Manager, Mandarin Oriental Prague
For more information about the free Strategic HR System Demonstration, please call Mr. Victor Tsang at (852) 3627 3673 or email to victortsang@hmi.hk.
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| July 2011 HR Highlights |
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Economic Overview
The LegCo has approved the proposal to raise the minimum level of income for Mandatory Provident Fund contribution from $5,000 to $6,500 per month, which will come into effect on 1 Nov 2011 to allow employers and service providers to adjust their administrative systems accordingly. [Source: Apple Daily (A20)/ Ming Pao Daily (A28), 1 Jul 2011]
Many companies could be facing higher compensation and training costs for junior positions as 42% graduates were looking for pay packages between $11,000 and $13,000 per month, according to a survey of 300 local graduates by an international HR consultancy. A further 34% of respondents were hoping for a year-end bonus. Graduates’ salary expectation is closely tied to the improved economic condition. The survey also found many graduates seemed to be flexible on salary as long as training and career development are provided. Also, many graduates appear to be highly motivated by company size. 49% said they wished to work for an organisation with at least 100 to 1,000 employees. The HR consultancy said smaller firms might attract candidates by its company culture and personality of line managers. [Source: SCMP (Classified Post p.30), 16 Jul 2011]
The seasonally adjusted unemployment rate remained unchanged at 3.5% (Apr-Jun 2011) and the number of unemployed persons increased by 1,900 from 134,900 to 136,800, according to the Census and Statistics Department. Decreases in unemployment rate were mainly observed in the construction and insurance sectors, while increases were recorded in the wholesale, and accommodation and food services sectors. The underemployment rate declined from 1.9% to 1.8% and the number of underemployed persons decreased by 3,400 from 69,600 to 66,200. The unemployment rate for youngsters aged 15-19 rose from 16.7% to 18.6%.
In addition, the number of persons with a monthly salary over $100,000 rose by 36% from 43,100 to 58,900. The median monthly income for male employees increased 8.3% to $13,000, while that for female employees remained at $9,000. [Source: HKET (A21)/ HKEJ (P.9)/ Ming Pao Daily (A10)/Apple Daily (A16), 20 Jul 2011]
The Consumer Price Index (CPI) rose to 5.6% in Jun 2011 over the same month a year earlier, up from 5.2% in May 2011 and at three-year record high, according to the Census and Statistics Department. Private housing rents and food prices are the two major driving forces, accounting for about 70% of the year-on-year increase. The underlying inflation rate was 5.5% which takes away the effects of relief measures such as a one-month extra payment to welfare recipients and two months’ rents for public housing tenants. It is expected the economy would continue to see upward pressure on prices in the coming months. A local economist forecast inflation for the year will reach 6% or higher. [Source: HKET (A22)/ HKEJ (P.1)/ SCMP (C4)/ Ming Pao (A10), 22 Jul 2011 011]
Guangdong Vice-governor Zhao Yufang announced measures to help HK factory owners manufacturing in the province, including tax exemptions on imported machinery and simplified administrative procedures for business licences. Meanwhile, Zhao said that the bulk of manufacturers which use imported raw materials to produce goods for exports deemed labour-intensive, energy-consuming and environmentally unfriendly are longer welcomed by Guangdong. The Federation of HK Industries said the Guangdong provincial government had softened its attitude on weeding out the processing trade manufacturing. According to the Federation’s last poll on the number of HK processing trade manufacturers in the delta in 2008, there were about 60,000 factories employing about 10 million migrant workers. Some industrial sources said the number had dwindled to 35,000 at the end of last year. [Source: SCMP (B1), 8 Jul 2011]
According to the National Bureau of Statistics, China’s consumer price index climbed 6.4% in Jun, a sharp jump over May’s 5.5%. The producer price index, the factory-gate measurement of inflation, also swelled 7.1% year on year in Jun, compared with 6.8% in May. [Source: Ming Pao Daily (A8) /HKET (A6)/ Shanghai Daily (online), 10 Jul 2011]
Disclaimer: Should there be any different views in the interpretation, please always refer to the original media source as reference. HMI Consulting accepts no liability in respect of the accuracy and truthfulness of the materials included in this Economic Highlights.
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| About HMI Consulting Limited |
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HMI Consulting is a leading HR consulting firm specializing in Performance Management, Compensation & Benefits Design, Talent Development & Business Process Improvement. With the primary focus in Hong Kong, PRC and Taiwan, our experienced consultants have worked across a wide range of industries covering Manufacturing & Industrial, Trading, Transportation & Logistics, Financial & Insurance.
Partners:
Contact: HMI Consulting Limited 20/F, Central Tower, 28 Queen's Road, Central, Hong Kong Tel: (852) 3627 3673 Fax: (852) 3629 1056 Email: info@hmi.hk http://www.hmi.hk |
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