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NEW PAYROLL AND MOTIVATION SYSTEM IMPLEMENTED AT EKS HOLDING COMPANY

December 04, 2007 IBS, Russia’s leading player in the IT and consulting market, announces completion of design and implementation of an integrated administrative and management staff payroll and motivation system for EKS, the development holding company based in Perm. The project has been carried out by HR consultants of Borlas Consulting Group, which recently merged with IBS in a move that brought together professionals of the two companies.

According to Svetlana Kuzmich, General Director of EKS, the unified payroll and motivation system was to be implemented in connection with the business restructuring conducted in 2006 and a new development strategy produced. The system is capable of realigning human resources management at EKS to meet the company's new strategic objectives.

In this project HR consultants of IBS and their colleagues at EKS designed and implemented the target model of the payroll and motivation system, the grades system and the bonuses system. The target model sets the standard allocation of tasks, functions, responsibilities and deliverables of the staff, the grades system sets salary amounts and salary determination and adjustment rules, and the bonuses system determines motivation features, amounts, frequency and conditions of bonus payments.

A payroll administration system and a planning and record-keeping system have also been built and implemented to support operation of core system components.

The new payroll and motivation system has already passed trial operation, in which timeframes for collecting reports and presentation formats of reports were tested and adjusted. 'Pilot' calculation of bonuses was conducted and served to adjust configurations of respective scales and values of bonus settings.

The project took ten months to complete. The implemented system provides tools to substantially improve staff performance, raise the quality of payroll planning and control payroll costs.

Victoria Savchuk, Human Resources Director, EKS holding company: "In order to build a working payroll system, we and IBS consultants also had to develop a new target organization structure of the management company concurrently with our project. It meant twice as much change for the staff. In this respect the implemented integrated information system plays an extremely important role. Our efforts were not in vain and now we are happy to see the new system accepted by most of the employees as well as by the management and owners of the company."

Elena Danilova, Head of the HR practice, IBS: "We are delighted to see that our customers understand and approve of our merger with the IBS team. We hope that the market would also respond positively to new opportunities that our practice would have as the result of the enlarged product line and close cooperation with one of Russia's biggest and most professional management consulting teams."

Profiles of the companies

EKS holding company is a leading diversified holding company in Perm region. It includes Semya (Family) retail chain, Alternativa (Alternative) chain of fashion clothes and stationery shops, Razvitie (Development) (a company specializing in new commercial real estate investment projects), EKS Construction Management (commercial real estate construction), and EKS Real Estate Management (leasing out shopping space).

IBS is Russia’s leading player in the IT and consulting market. It was formed through the merger of IBS and Borlas Consulting Group. It is part of IBS Group Holding Limited, along with Luxoft and Depo Computers. Its core lines of business are management consulting, business applications implementation, IT outsourcing and IT infrastructure. IBS headcount exceeds 3,400 employees including over 1,500 certified consultants. 84 of Russia’s top 100 companies are customers of IBS.

For further information on IBS please contact Lada Scherbakova, PR Director. Telephone: +7 495 967-80-80, e-mail: lada@IBS.ru.





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