Presentation given by Paulo Calderon - HRIS Manager, Paragon Offshore at the WorkforceNEXT July Forum: Workforce Acquisition & Management Strategies in Oil & Gas on July 24, 2014.

1. WORKFORCE ACQUISITION
& MANAGEMENT
STRATEGIES IN OIL & GAS
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2. GLOBAL MOBILITY & HR AGILITY
How Paragon Offshore Is Solving TwoMajor HR Challenges
Paulo Calderon HRIS Manager, Paragon Offshore
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3. Managing HRIS Continuity for a Spinoff
WorkforceNext/Westin Memorial City
July 24, 2014
www.paragonoffshore.com

4. Managing HRIS Continuity for a Spinoff
Company Profile & Presenter
Paragon Offshore
• Paragon Offshore was created to be the leading pure-play standard specification
drilling company in the industry. We own a fleet of 42 Mobile Offshore Drilling Units
(MODUs), one Floating Production, Storage and Offtake (FPSO) vessel and
conduct contract labor operations on the Hibernia Platform offshore eastern
Canada.
Paulo Calderon, SPHR
• Started with Noble in November 2011
• HRIS Team of 4 Kicked off in January 2012
• Primary Analyst & Configuration Specialist
• Organization Design & Security Administrator
• Implemented Workday, Taleo, Workforce by July 2012
• Retired Ultipro
• Deployed & Trained Europe, Brazil, Middle East, Mexico
www.paragonoffshore.com 4

5. Managing HRIS Continuity for a Spinoff
Background
• September 24, 2013: Noble announced a plan to create an independent standard
specification drilling company
• April 30, 2014: Noble announced its plans to proceed with spin-off of Paragon
Offshore through a 100 percent dividend of Paragon shares to Noble shareholders
• June 10, 2014: Noble’s shareholders approved the spin-off transaction at Noble’s
Annual General Meeting
• July 11, 2014: Noble Corporation Board of Directors Approves Spin-Off of Paragon
Offshore; Sets July 23 Record Date and August 1 Distribution Date
www.paragonoffshore.com 5

6. Managing HRIS Continuity for a Spinoff
Spinoff Trends
Seeking Fair Market Valuation for Both
Sides. Notable Spinoffs
• Noble Corporation (2014)
• Occidental Petroleum (2014-2015)
• General Electric (2015)
• DuPont (2014)
• FMC Corporation (2015)
Each spinoff has unique circumstances,
but challenges are the similar
• Managing a Global Workforce
• Business Continuity
• HCM Data management
• Human Capital Retention
6www.paragonoffshore.com

7. Managing HRIS Continuity for a Spinoff
Leveraging Our Past Wins
Adoption Rate at Year 1
94%
6%
7www.paragonoffshore.com
HCM Successes
• 94% Adoption Rate after year 1
• Over 25 Manual Processes
Eliminated
• Real Time Data
• Globally Consistent Reporting
• Full Headcount Visibility
• 20% of All Sign ons from Mobile
Devices
• Business Process Cycle Times of
Less than 3 days
• In-system document delivery (No
Mail!!)
• Less than 0.5% On Demand Checks

8. Managing HRIS Continuity for a Spinoff
Paragon Spinoff
Challenges
• Retain vital historical information from HCM
• Manage mobile assets including Human Capital and Rigs
• Maintain continuity of HR Functions (Payroll, Benefits, Comp)
• Minimize End-User disruption (ESS, MSS, HR Activity)
Questions Impacts
How do we retain Performance & Job history
that is crucial for daily operations?
How do we properly target the right
population for extraction and conversion?
How do we ensure everyone gets paid on
time and by the right entity?
How do we keep our Administrators,
Managers and Employees engaged?
Difficulty in determining Promotion timing,
time in job, time on rig, jobs performed
Unable to action subordinates, approve
transactions, or view reports and analytics
Most people like to be paid. Financial
reporting downstream impact
Slower processing times. Re-training becomes
a necessity on limited bandwidth

9. Managing HRIS Continuity for a Spinoff
Data Conversion & Record Retention
9www.paragonoffshore.com
What do we bring?
•Transactional Data
•Performance Data
•Current Bio Data
•Current Demo Data
•Current Payroll Data
•Employee Documents
What do we leave behind?
•Historical Bio Data
•Historical Demo Data
•Proprietary Documentation
•Legally Protected Benefit Data
Identifying Data Scope
Considerations
• What does the new company need?
• What is authorized under the terms of the spinoff?
• What does the new company lose?

10. Managing HRIS Continuity for a Spinoff
Population & Asset Selection Criteria
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Identifying Who & What
Who
• Identify core population and
report on variances
• Track worker movement
• Use initiated transactions to
anticipate changes
• Leverage Transactional
reports to identify anomaliesStructure
People
Assets
What
• Locations
• Organizations
• Configuration and Setup
• Developed Analytics and Verification tools

11. Managing HRIS Continuity for a Spinoff
Payroll Continuity
11www.paragonoffshore.com
Paying Everyone Correctly
Rate Time Process Pay
Cross-Company Coordination
• Joint payroll processing
• Total Headcount and Pay
Validations
• Compensation and Benefits
Validations
Payroll History
• YTD Earnings & Deductions
validations
• Comp and Contribution Cap Testing
• Tax, Deposit and Wire Testing

12. Managing HRIS Continuity for a Spinoff
User Engagement & Adoption
12www.paragonoffshore.com
Communication and Engagement Strategy
Communication
Email Campaign
Workday Announcements
Intranet FAQ’s
Press Releases
Engagement
Early Access
Electronic Appraisals
Introduction of Enhancements
Workday Notifications/Alerts

13. Managing HRIS Continuity for a Spinoff
Measuring Success
Adoption Rate at 14 Days
28%
72%
13www.paragonoffshore.com
HCM Successes
• 28% Adoption Rate at 14 days
• First Payroll Process with 0 reported
employee issues
• Executive Dashboards with Real
time information available on Day 1
• Seamless ESS, MSS and Admin
usage
• Complete Historical data for all
Paragon Employees
• Performance History for all Paragon
Employees
• Transition to Paragon HRIS services
successful

14. Managing HRIS Continuity for a Spinoff
Questions
14www.paragonoffshore.com

15. Managing HRIS Continuity for a Spinoff
July 24, 2014
www.paragonoffshore.com

16. TALENT MANAGEMENT,
DEVELOPMENT AND
ACQUISITION STRATEGIES IN
ENERGY SUMMIT
Tuesday, Sept 30th, 2014 | Omni Houston Hotel at Westside
Your Next Event:
FALL SUMMIT
Save the date!
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17. THANK YOU
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