Workshop: Managing Performance Awards

Transcription

1 Workshop: Session H6: May 26, 2017, 11:00 a.m. 12:15 p.m. Neta Pyasi, Director, US Large Market Client Services Michael Esposito, Product Manager Jen Tardif, Vice President Core Market, Senior Relationship Manager

2 CPE Credits Continuing Professional Education (CPE) Credits are available! You will receive one (1) CPE credit after attending this session. You must attend the entire session to be eligible. In order to earn the available credit(s) for this session, you must see the room monitor before and after the session to get checked-in and out of the session. Electronic certificates will be ed to you a few weeks after the conference with the cumulative number of credits earned Solium is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. Web site:

3 Agenda Overview of Performance Awards from the Shareworkers perspective Workshop exercise to practice working with performance awards Review the key concepts

4 Getting to Knoooooooow Yooooooooou Who here has performance awards? Don t be shy, tell us about them Are you from HR, Finance, Tax etc.? Anyone have performance awards that are NOT in Shareworks today?

5 And Getting to Know our Shareworkers Shareworkers: Lisa Stock Plan Admin Stan Participant Dave Finance Admin How can we make Performance awards work for everyone?

6 Administration and Setup What Lisa needs to know first are her OWN details! Who has performance awards? Are they all measured the same? Is it a variable payout? (what is the min and max?) Finance market/non-market? Finance are there multiple metrics being measured at the same time of different market/non-market types?! Playing with adding factors to show how things are added and taken away

7 Administration and Setup Why is this important? It helps determine how performance awards, and their performance criteria should be set up in Shareworks! Let s take a look!

8 Performance Rules What s in a Name? Use the name to tell everyone what the performance rule is measuring:

9 Performance Rules Setup Starting in the right place

10 Performance Rules Settling Up End of the road! (what happens though?? What happens in between??)

11 Performance Award Playground! Let s see what our Shareworkers see!

12 Participant View Customization Total Value Participant Dashboard Showing Value Including All Award Types

13 Participant View Customization Total Value Participant Dashboard Showing Value Including Only PSUs

14 Participant View Customization Headers and Columns

15 Participant View Details When Andrew drills down on the vest schedule, he will see the performance rule(s). Also, Lisa can attach additional documents to the grant agreement template, and/or on the documents tab to give more details around the performance criteria and measurements to Andrew.

16 Now for Admin Tools and Reports There are reports and tools that can make your life easier with: Reports that naturally call out performance activity for quick reference Custom reports you can create to manage ongoing needs or very specific requests for information Dig deeper to find the details you need, at your fingertips

17 Custom Reporting Column Fields Available Ad Hoc Reports Columns: Performance Rule Quantity Factor Performance Satisfaction date Shares added by performance

18 Custom Reporting Cancels Due to Performance

19 System Defined Reports Continuity Report

20 System Defined Reports Award Summary Report

21 Tools The Audit Trail of this Performance Rule Tools Performance Rules More Actions The Audit Trail of this Performance Rule

22 Tools The Audit Trail of this Performance Rule

23 Tools Grants Which use this Performance Rule

24 Finance Reporting Performance Award Widget Available on ANY financial report s parameters, making Betty Lou very happy

25 What did we Learn? Prepare and plan ahead What makes sense to participants, what makes sense to you? Finance + HR = best friends

26 Workshop Exercise

27 Review of Key Concepts The setup is key to future success Award Summary, Continuity and Ad Hoc Reports show specific details Finance reporting widget is used when running Expense reports Remember the useful tools like the audit trail and view of grants that use the rule

28 Additional Resources Need more? Online Learning Shareworks Certification Shareworks Workshops Convenient and completely selfdirected, our online lessons provide you with industry context and the how-to in Shareworks. Shareworks Certification is a great way to quantify your knowledge, develop key technical skills and prove yourself invaluable to your company s administration team. Roll-up your sleeves and join us all year round, either in person or online, for hands-on workshops on a variety of Shareworks topics. Visit solium.com/education

29 Additional Resources Online Help

30 Contact Us Neta Pyasi Director, US Large Market Client Services Solium Jen Tardif Vice President Core Market, Senior Relationship Manager Solium Michael Esposito Product Manager Solium