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Kronos	
  at	
  a	
  Glance	
  	
  
•  ~$1B	
  Global	
  workforce	
  management	
  so6ware	
  company	
  
•  Headquartered	
  in	
  Chelmsford,	
  MassachuseBs	
  
•  Global:	
  	
  ~100+	
  countries	
  served	
  
•  ~3,600	
  employees	
  worldwide	
  in	
  ~25	
  countries	
  	
  
“No one in the workforce software market
keeps innovating like Kronos.”

$1 Bn
$1,000 MM
$800 MM
$600 MM

“When I saw the new Kronos user interface,
my jaw dropped.”

$400 MM
$200 MM

'02

'03

'04

'05

'06

'07

'08

'09

'10

'11

'12 FY13E

EBITDA 18% 19% 21% 22% 23% 23% 24% 27% 30% 31% 31% 32%
Margin

Revenue
© KRONOS INCORPORATED

EBITDA
December 13, 2013

1

The breadth of their offering, global
capabilities, usability, and strong
ROI makes Kronos a leader.
Kronos	
  at	
  a	
  Glance	
  	
  
Data

Awards + Quotes

•  #1	
  in	
  the	
  HCM	
  Space.	
  	
  

Technology
Leadership

•  Tens	
  of	
  thousands	
  of	
  organizaPons—	
  
including	
  more	
  than	
  half	
  the	
  Fortune	
  
1000®	
  
•  30+	
  million	
  daily	
  users	
  	
  

“We use Kronos as the poster child for UIs and for
thinking out of the box.”

•  Leading	
  provider	
  in	
  all	
  market	
  segments	
  	
  

Preferred by
Customers

• 	
  	
  	
  4,000	
  customers	
  aBended	
  Kronos-­‐hosted	
  	
  
	
  	
  	
  	
  events	
  in	
  2013	
  
•  Largest	
  market	
  share,	
  both	
  U.S.	
  and	
  
worldwide,	
  of	
  any	
  WFM	
  vendor	
  	
  
•  AcPve	
  company-­‐wide	
  Net	
  Promoter	
  Score	
  
(NPS)	
  program	
  	
  
•  MulPple	
  “Best	
  Employer”	
  Awards	
  

Employer of
Choice

•  Engagement	
  Scores	
  well	
  over	
  the	
  High	
  

Performance	
  Employer	
  benchmark	
  (Aon	
  HewiB)	
  	
  

•  CommiBed	
  to	
  being	
  the	
  Employer	
  of	
  Choice	
  
everywhere	
  that	
  we	
  operate	
  	
  

© KRONOS INCORPORATED

December 13, 2013

2

“… the market Champion is Kronos.”

“Kronos is the #1 vendor in worldwide workforce
management applications.”
A	
  Clear	
  Talent	
  Management	
  Strategy…	
  

Develop

Retain

Manage

§  Attract - Hire Outstanding Talent
§  Develop - Provide opportunities for people to excel, to develop
their skills, and to achieve their career aspirations
§  Manage - Drive a performance-based culture
§  Retain - Keep employees with strong performance and values
© KRONOS INCORPORATED

December 13, 2013

3

Superior Results

Business Plans &
Strategy

Attract

Individual &
Organizational
Capability
A	
  Constant	
  Focus	
  on	
  Talent…	
  	
  
•  Performance Evaluation begins
•  Talent Review Session B
ü  KPI review
ü  Workforce planning
ü  Key talent review (follow up)

• 
• 
• 
• 

•  Pulse Check Engagement Survey

•  Full Engagement Survey (Dive)
•  Talent Review & Critical Seat Planning
•  Talent review Session A
ü  KPI review
ü  Workforce planning
ü  Key talent review

(Dip)
•  Leadership Event

© KRONOS INCORPORATED

December 13, 2013

4

Performance Evaluations
Merit & Bonus Planning
Goal Setting
Development Planning
Relentless	
  Concentra>on	
  on	
  Talent	
  Development…	
  
Primary Objectives
Develop	
  an	
  effec,ve,	
  High-­‐character	
  leadership	
  team	
  to	
  
drive	
  short	
  and	
  long	
  term	
  business	
  success	
  	
  
• Increase	
  Individual	
  Capabili>es	
  –	
  Invest	
  in	
  Kronos	
  leaders	
  to	
  enable	
  
them	
  to	
  be	
  even	
  more	
  successful	
  	
  
• Equip	
  managers	
  to	
  lead	
  in	
  a	
  manner	
  that	
  results	
  in:	
  
• 	
  One	
  consistent	
  Energized	
  and	
  Engaged	
  global	
  culture	
  
• 	
  An	
  environment	
  of	
  Innova>on,	
  Collabora>on	
  	
  	
  
	
  	
  Produc>vity	
  and	
  Performance	
  	
  

	
  

© KRONOS INCORPORATED

December 13, 2013

5
Two	
  Levels	
  of	
  Focus	
  ….	
  	
  
Organizational Focus

Individual Focus

Core
Curriculum

Rotational
Programs

IDP
70/20/10

X-Functional
Talent Sharing

Global Mentoring
Program

Leadership
Events

Executive
Coaching

Action Learning
Teams

Individual
Capability
© KRONOS INCORPORATED

Organizational
Capability
December 13, 2013

6

Superior
Results
Measurement	
  and	
  Calibra>on…	
  	
  
Attract

Talent	
  Management	
  	
  
KPIs	
  (Examples)	
  	
  

2009	
  
Quality	
  	
  

-­‐	
  

-­‐	
  

Time	
  to	
  Fill	
  	
  

-­‐	
  

-­‐	
  

Brand/Rep	
  	
  

Retain

2013	
  

-­‐	
  

-­‐	
  

2009	
   2013	
  	
  

2009	
   2013	
  
Vol	
  ABriPon	
  

-­‐	
  
-­‐	
  
-­‐	
  

IDP/FTE	
  

Manage
2009	
  
AW	
  

-

-

Alignmnt	
  

-

-

Rev/FTE	
  
© KRONOS INCORPORATED

2013	
  

-

-

December 13, 2013

7

100%	
  

Dev	
  Quality	
  	
  

-­‐	
  

62%	
  
60%	
  

82%	
  

InnovaPon	
  

-­‐	
  

EE	
  Engmnt	
  	
  

TM
Strategy

-­‐	
  

Top	
  Tlnt	
  AB.	
  	
  

Develop

60%	
  

84%	
  

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Kronos preparing your people to lead

  • 1. Kronos  at  a  Glance     •  ~$1B  Global  workforce  management  so6ware  company   •  Headquartered  in  Chelmsford,  MassachuseBs   •  Global:    ~100+  countries  served   •  ~3,600  employees  worldwide  in  ~25  countries     “No one in the workforce software market keeps innovating like Kronos.” $1 Bn $1,000 MM $800 MM $600 MM “When I saw the new Kronos user interface, my jaw dropped.” $400 MM $200 MM '02 '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 FY13E EBITDA 18% 19% 21% 22% 23% 23% 24% 27% 30% 31% 31% 32% Margin Revenue © KRONOS INCORPORATED EBITDA December 13, 2013 1 The breadth of their offering, global capabilities, usability, and strong ROI makes Kronos a leader.
  • 2. Kronos  at  a  Glance     Data Awards + Quotes •  #1  in  the  HCM  Space.     Technology Leadership •  Tens  of  thousands  of  organizaPons—   including  more  than  half  the  Fortune   1000®   •  30+  million  daily  users     “We use Kronos as the poster child for UIs and for thinking out of the box.” •  Leading  provider  in  all  market  segments     Preferred by Customers •       4,000  customers  aBended  Kronos-­‐hosted            events  in  2013   •  Largest  market  share,  both  U.S.  and   worldwide,  of  any  WFM  vendor     •  AcPve  company-­‐wide  Net  Promoter  Score   (NPS)  program     •  MulPple  “Best  Employer”  Awards   Employer of Choice •  Engagement  Scores  well  over  the  High   Performance  Employer  benchmark  (Aon  HewiB)     •  CommiBed  to  being  the  Employer  of  Choice   everywhere  that  we  operate     © KRONOS INCORPORATED December 13, 2013 2 “… the market Champion is Kronos.” “Kronos is the #1 vendor in worldwide workforce management applications.”
  • 3. A  Clear  Talent  Management  Strategy…   Develop Retain Manage §  Attract - Hire Outstanding Talent §  Develop - Provide opportunities for people to excel, to develop their skills, and to achieve their career aspirations §  Manage - Drive a performance-based culture §  Retain - Keep employees with strong performance and values © KRONOS INCORPORATED December 13, 2013 3 Superior Results Business Plans & Strategy Attract Individual & Organizational Capability
  • 4. A  Constant  Focus  on  Talent…     •  Performance Evaluation begins •  Talent Review Session B ü  KPI review ü  Workforce planning ü  Key talent review (follow up) •  •  •  •  •  Pulse Check Engagement Survey •  Full Engagement Survey (Dive) •  Talent Review & Critical Seat Planning •  Talent review Session A ü  KPI review ü  Workforce planning ü  Key talent review (Dip) •  Leadership Event © KRONOS INCORPORATED December 13, 2013 4 Performance Evaluations Merit & Bonus Planning Goal Setting Development Planning
  • 5. Relentless  Concentra>on  on  Talent  Development…   Primary Objectives Develop  an  effec,ve,  High-­‐character  leadership  team  to   drive  short  and  long  term  business  success     • Increase  Individual  Capabili>es  –  Invest  in  Kronos  leaders  to  enable   them  to  be  even  more  successful     • Equip  managers  to  lead  in  a  manner  that  results  in:   •   One  consistent  Energized  and  Engaged  global  culture   •   An  environment  of  Innova>on,  Collabora>on          Produc>vity  and  Performance       © KRONOS INCORPORATED December 13, 2013 5
  • 6. Two  Levels  of  Focus  ….     Organizational Focus Individual Focus Core Curriculum Rotational Programs IDP 70/20/10 X-Functional Talent Sharing Global Mentoring Program Leadership Events Executive Coaching Action Learning Teams Individual Capability © KRONOS INCORPORATED Organizational Capability December 13, 2013 6 Superior Results
  • 7. Measurement  and  Calibra>on…     Attract Talent  Management     KPIs  (Examples)     2009   Quality     -­‐   -­‐   Time  to  Fill     -­‐   -­‐   Brand/Rep     Retain 2013   -­‐   -­‐   2009   2013     2009   2013   Vol  ABriPon   -­‐   -­‐   -­‐   IDP/FTE   Manage 2009   AW   - - Alignmnt   - - Rev/FTE   © KRONOS INCORPORATED 2013   - - December 13, 2013 7 100%   Dev  Quality     -­‐   62%   60%   82%   InnovaPon   -­‐   EE  Engmnt     TM Strategy -­‐   Top  Tlnt  AB.     Develop 60%   84%