Click To Edit Master Title Style 30 September Employee Benefits Case Study. Daily Ramasia GM: Rewards and Benefits and ACSA Retirement Fund PEO
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1 30 September 2015 Employee Benefits Case Study Daily Ramasia GM: Rewards and Benefits and ACSA Retirement Fund PEO
2 Embracing Forward Thinking Taking PRIDE in OUR People
3 3 Click To Edit Master Title Style
4 What shall WE Discover
5 Airports Company South Africa Case Study Embracing Forward Thinking Real People Real Stories Real Issues Making a Real Difference 5
6 OUR People OUR Pride
7 We Take PRIDE in our People Employed approximately 3000 permanent employees, Approximately over contractors, Understanding the needs of OUR people, Provide traditional benefits relevant to employee risk covers, Retirement Pension Funeral GLA Disability Administration Medical Aid 7
8 REAL Stories REAL Issues
9 Challenges: Real Stories Real Issues Challenges on Social Economic challenges Housing Housing Policy Credit worthiness Indebtedness Understanding housing demand and supply Limitation on Benefits Offering Retirement (Issues) Pensionable Remuneration is low Approximately 94% of member s NRR is less than 70% Non -Flexible benefits offering Understanding Retirement Savings needs Transport Cost Safety Reliability Long Distance travelling Operational requirement V/Z public transport operational time Medical Aid Medical Aid Policy Utilisation V/Z contribution Understanding medical aid health needs V/Z wants Understanding benefits structures
10 Challenges: Different Generational Life Stage Needs Baby boomer GXY How do we Stay Relevant with the evolving World of Work to Retain (Knowledge Hub) and Attract (Energy Hub) BGXY
11 Making a REAL Difference
12 Leadership Comments and Commitment Through our People we shall achieve our Vision To be a world leading airport business Our People are the heart beat of Our organisation by making SA Airports to excel so that we attract GROWTH to the country Airports Company South Africa Chairperson We are on a journey to become the most sought after partner in the world for the provision of sustainable Airports Services through our People To co-create an environment within which our People can realise their full potential, thereby creating individual and company prosperity, in a sustainable manner Chief Executive Officer ACI World Vice President Chief Operating Officer Serving our People with PRIDE Group Executive: HR
13 Click Real Difference To Edit Master Title Style Housing Social Economic Support Once of Grant for FTHO Increasing Housing Subsidy Rental subsidy Provide one on one housing acquisition and demand and supply requirements Introduction of formalised financial literacy Enhancement of the Benefits Offering Retirement Introduce flexibility on pensionable earning Review administration and consulting cost Life stage flexible benefits offering Deployed CFP to conduct one on one discussion on NRR Consideration to introduce more investment options Invested in member communication Voluntary TOP UP Group Life Assurance Cover Transport Introduction of shuttle Services for all operations Medical Aid Align the subsidy structures Targeted one on one engagement sessions with members Generational medical aid offering 13 Serving our People with PRIDE
14 OUR People OUR Pride 14
15 Daily Ramasia GM: Rewards and Benefits ACSA Retirement Fund PEO
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