Upstate Total Rewards Association Meeting – Rich Products Corporation Tuesday, October 26, 2010 9:15 am – 11:30 am

Upstate Total Upstate Total Rewards Rewards

AssociationAssociationMeeting – Rich Products Meeting – Rich Products

CorporationCorporationTuesday, October 26, 2010Tuesday, October 26, 2010

9:15 am – 11:30 am9:15 am – 11:30 am

AgendaAgenda9:15 – 9:25 Welcome and Introductions9:25 – 9:35 Committee Updates9:35 – 9:45 Company Profile9:45 – 11:15 Guest Speakers – Ginger Schroder and Heather Giambra, Schroder, Joseph & Associates, Michael Fitzgerald, Department of Labor11:15 – 11:30 Questions/Networking11:30 – 1:00 Networking Lunch Rich Products

Atrium

Happy Birthday to Us!Happy Birthday to Us!

Thank you for your support these two years

Executive Committee Executive Committee UpdateUpdate

• Developing three year plan for organization, in part for required non-profit group documentation

• Progressing relationships with UB and RIT for speaking and educational opportunities and garnering interest in the field (five volunteers to date)

Executive Committee Executive Committee UpdateUpdate

• Working with BNHRA and Genesee Valley SHRM organizations to develop potential joint meeting or event in October 2011

• Partnership formed with BNHRA• Looking to get future meetings SHRM

certified• Preparing for upcoming officer elections

Events Committee Events Committee UpdateUpdate

Chair Bob Lampka, HSBC

[email protected], 716-841-7648

mailto:[email protected]

Events Committee Events Committee UpdateUpdate• WorldatWork certification course C17

Market Pricing held in September in Niagara Falls

• 17 individuals took course; 11 from UTRA, four from Canada and two from Pennsylvania

• 2011 courses: T4 Strategic Communications in Total Rewards May 2 - 3 and C1 Regulatory Environments for Compensation Progress in September

Events Committee Events Committee UpdateUpdate• 2011 meetings being planned:

• Tuesday, January 25th (webinar) – Guest Speaker, Jim Stoeckmann, Compensation Practice Leader for WorldatWork - “Rewards Next Practices”

• Thursday, April 14th – Guest Speaker, Richard Floersch, EVP Human Resources, McDonalds – “McDonalds Experiences and Employee Engagement” (Buffalo host needed)

Events Committee Events Committee UpdateUpdate• July Meeting – date and topic to be

determined (Rochester area host needed)

• October Meeting – working on joint venture with local SHRM organizations; date and location to be determined

Membership/Treasury Membership/Treasury Committee UpdateCommittee Update

Co-Chairs Veronica Gorski, FedEx


Lisa McLaughlin, [email protected], 585-336-1354




As of October 26th, 2010 we have:•41 professional members (up by 4 from July)•74 additional are on our mailing list •Total list almost equally split between Buffalo and Rochester •Total membership/mailing list represents 57 companies


2011 Annual Membership Fees•$50.00 Professional Member•$25.00 Student Member

2011 Meeting Fees•$10.00 Professional Member•$ 5.00 Student Member•$25.00 Professional Non-Member•$15.00 Student Non-Member

No Increase to Rates from 2010!


Treasury Statistics:06/30/10 – balance $8,775.19 09/30/10 – balance $6,867.56

Difference due to July meeting fees and payments to Crowne Plaza for September course and deposits for 2011 courses; pending payment from WorldatWork for September course of $7,000+

Communications/Web Communications/Web Design Committee Design Committee

UpdateUpdateCo-Chairs

Chuck Brown, Gibraltar [email protected], 716-826-6500

x3282Rose Sweeney, Rich Products




Communications/Web Communications/Web Design Committee UpdateDesign Committee Update• Our primary communication source is our

website

• Current monthly traffic to the site averages 150 to 175 visits

• Heavier traffic after one of our quarterly meetings (250 hits)

Communications/Web Communications/Web Design Committee Design Committee

UpdateUpdate• We are also looking at social media as a

communication vehicle– We have an Upstate Total Rewards Group

through WorldatWork’s social network. Currently, 24 individuals signed-up.

– Recently, set-up an Upstate Total Rewards Group on Linked In. Currently, 43 individuals signed-up.

– We are considering Facebook as another communication tool.

Communications/Web Communications/Web Design Committee UpdateDesign Committee Update• We are looking for:• Individuals who are interested in being

Champions for the Upstate Total Rewards Association Group that is a part of WorldatWork’s on-line community

• Content for our website

– Contact Chuck or Rose if interested

Communications/Web Communications/Web Design Committee UpdateDesign Committee Update• Check www.upstatetotalrewards.org for:

– Job postings for total rewards positions – Information about upcoming events– Membership/Volunteer Opportunities– Archived material from previous

meetings

http://www.upstatetotalrewards.org/

Company ProfileCompany Profile

Rich Products Corporation

2010 Rich Products

Overview

• Rank 161 on Forbes Magazine’s annual list of America’s largest private companies

• Largest privately-owned frozen food company in U.S.

• Rank 42 on Food Processing Magazine’s list of the 100 largest food and beverage processors in the U.S. and Canada

• Named one of world’s top 250 consumer products companies by Deloitte

Fast FactsFast Facts

Founded by Robert E. Rich

in 1945 with Rich’s Whip Topping:

“The miracle cream from the

soya bean!”

A Rich HistoryA Rich History

• 100% family owned

• $2.9 billion in annual sales

• Supplier to the food service, in-store bakery, retail, club store and industrial marketplaces

• Over 7,500 Associates selling more than 2,000 products in 100 countries

Rich’s Today…Rich’s Today…

Our Products and BrandsOur Products and Brands

North America International

Our Customers Around the GlobeOur Customers Around the Globe

North America Locations

20 Plants 5 Distribution Centers

11 Plants7 Product Solution Centers2 Distribution CompaniesMultiple Sales Offices

International Locations

Human ResourcesOverview

Human Resources StructureHuman Resources Structure

• SVP, Human Resources

• North American and International Business Group HR Business Partners

• Centers of Expertise– Benefits– Compensation– Talent Management and OD

• Shared Services– HR Administration, Processing, Customer Service and Payroll

Service Center• Kenexa recruiting and onboarding – data maintenance to WHQ

• Leaves of Absences (LOA) – centralization to WHQ

Centers of Expertise Health and Welfare

• Wellness

– Corporate and manufacturing teams

– Integration with medical plan based on biometric outcomes

Retirement Plans

• EACA Safe Harbor analysis and modeling

• DB funding and asset allocation plan

Talent Management/Organizational Development

• Great Leader Drivers and alignment with our talent management processes

• Enhancing our organizational capabilities around change management

Compensation

• Education and Program Design to ensure the most effective use of limited salary dollars

• Compliance Review

Current initiativesCurrent initiatives

Guest SpeakersGuest Speakers

Ginger SchroderHeather GiambraSchroder, Joseph &

AssociatesMichael FitzgeraldDepartment of Labor

Compliance with the Fair Labor Standards Act

Presented By: Michael S. Fitzgerald, Assistant District Director, U.S. Department of Labor , Wage and Hour Division

Ginger D. Schröder, Esq. Schröder, Joseph & Assoc., LLP

Heather A. Giambra, Esq., Schröder, Joseph & Assoc., LLP

Note: New York State has its own minimum wage law which is applicable to all private sector entities with employees in NYS. The NYS minimum wage is currently at the same rate as the Federal minimum wage. This has not always been the case and it could change again in the future.

Note: New York State recognizes the Executive, Administrative, Professional and Computer exemptions. In NYS Outside Salespeople are not included within the definition of “employees” to whom the state wage and hour laws apply. Therefore, there is no need for an outside salesperson exemption under the State law.

Note: New York State recognizes the Executive, Administrative, Professional and Computer exemptions. In NYS Outside Salespeople are not included within the definition of “employees” to whom the state wage and hour laws apply. Therefore, there is no need for an outside salesperson exemption under the State law.

There is legislation before the NYS Legislature which would make the NYS minimum wage laws applicable to domestic employees

Note: In New York State the minimum weekly salary requirement is $543.75 (Effective July 24, 2009).

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There is no minimum salary for doctors and lawyers, teachers.

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Note: Effective 10/26/2009 NYS employers are required to notify all newly hired employees in writing of their rate(s) of pay, overtime rate(s) of pay (if they qualify for overtime and the regular pay day.

Effective October 16, 2007, New York Employers are required to have a written agreement, signed by both the employer and the commissioned salesperson, setting forth in specific terms how “wages, salary, drawing account, commissions and all other monies earned and payable shall be calculated.”

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Presented By: Michael S. Fitzgerald, Assistant District Director, U.S. Department of Labor , Wage and Hour Division

Ginger D. Schröder, Esq. Schröder, Joseph & Assoc., LLP

Heather A. Giambra, Esq., Schröder, Joseph & Assoc., LLP

Questions for the group?

Thank you for your continued participation and support

Documents

Upstate Total Rewards Association Meeting – Rich Products Corporation Tuesday, October 26, 2010 9:15 am – 11:30 am