This document discusses Qualcomm's rewards and recognition (R&R) practices. It highlights that Qualcomm offers a total rewards package composed of fixed pay, generous health and benefits programs, and variable awards to reward meeting and exceeding goals. Qualcomm's R&R philosophy emphasizes a wide range of both formal and informal recognition tools and programs to provide meaningful and timely rewards. The company ensures transparency and fairness in assessments through varied review mechanisms, employee access to information, salary surveys, and encouraging peer-to-peer nominations. Effectiveness is measured through feedback sources like climate surveys, skip level meetings, and analytics on rewards usage patterns.
2. Fortune 500 Company
Celebrating more than 25 years of driving the
evolution of wireless communications
Making wireless more personal, affordable and
accessible to people everywhere
World’s largest fabless semiconductor
company, #1 in wireless
Member of the S&P 100 & 500 Indexes
2011 All-America
Executive Team
Award Winner
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3. Leading the Semiconductor Industry
WIRELESS FABLESS RFIC SEMICONDUCTOR
COMPANY COMPANY COMPANY COMPANY
Source: iSuppli for Dec. 2010
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6. Unique Practices
Retaining the high performers, recognizing efforts, recognizing and rewarding areas over
and above role performance; practices that are generous & thoughtful
Semi Annual Review Process
Total Rewards programs are composed of three main categories:
• Fixed Pay – Base Salary
• Reflects the competitive market, maintains internal equity across jobs, provides the
ability to recognize individual contributions
• Generous Health And Benefits Programs
• Provide extensive protection and security for employees and their families
• Examples: QFlex, recognition of life events, vacation donation programs
• Variable Awards
• Offer rewards for meeting and exceeding company and individual goals
• Performance bonus and retention stock grants
• Qualstar/Super Qualstar Awards
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7. What is unique about your Rewards and
Recognition philosophy?
• Our strategy is simple – multiple programs offering varying levels of value,
from simple ways of saying, “Thanks!” to customized awards
• Wide range of tools and ideas – both formal and informal – so that they
may offer meaningful and timely rewards and powerful recognition
• Full spectrum of recognition tools
• Qcards - eCards
• Qualstars
• Super Qualstars
• Division and Custom awards
• Patent awards
• All employees are eligible and anyone can make a nomination
• Resources to learn tips about how to and why of recognition
• Includes process notes, links to recognition tools and guides for presenting awards
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9. Methods used to ensure transparency, fairness
in assessments for rewards/recognition
Fairness - Varied review mechanisms based on process/tool
being used
Employees have the option to Agree/Partially Agree/Disagree with their performance
reviews delivered by the Manager
Role of Human Resources is to engage with employee to understand and act on
concerns
Transparency and Equity:
MySource – Employee Self service portal with access to information on programs,
policies, guidelines etc.
Semi-annual review of internal equity and market positions for similar positions based on
knowledge, skill, ability, and responsibility.
We strive to keep pace with our changing marketplace and business needs by doing
salary surveys twice a year.
Nominations for recognition not only manager driven; peer-
peer recognition encouraged
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10. Measuring effectiveness of the practices
Effectiveness assessed through varied sources
• HR Open houses
• Skip Level Meetings
• Climate Survey ( Organization wide survey)
• 1 on 1 Feedback
• Analytics on Rewards Usage Pattern
• Benchmarking
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