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

Agenda 9:15 – 9:25 Welcome and Introductions 9:25 – 9:35 Committee Updates 9:35 – 9:45 Company Profile 9:45 – 11:15 Guest Speakers – Ginger Schroder and Heather Giambra, Schroder, Joseph & Associates, Michael Fitzgerald, Department of Labor 11:15 – 11:30 Questions/Networking 11:30 – 1:00 Networking Lunch Rich Products Atrium

Happy Birthday to Us! Thank you for your support these two years

Executive Committee Update 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 Update 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 Update Chair Bob Lampka, HSBC

Events Committee Update 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 and C1 Regulatory Environments for Compensation Progress in September

Events Committee Update 2011 meetings being planned: Tuesday, January 25 th (webinar) – Guest Speaker, Jim Stoeckmann, Compensation Practice Leader for WorldatWork - “Rewards Next Practices” Thursday, April 14 th – Guest Speaker, Richard Floersch, EVP Human Resources, McDonalds – “McDonalds Experiences and Employee Engagement” (Buffalo host needed)

Events Committee Update 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 Committee Update Co-Chairs Veronica Gorski, FedEx Lisa McLaughlin, ESL

Membership/Treasury Committee Update As of October 26 th, 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

Membership/Treasury Committee Update 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!

Membership/Treasury Committee Update Treasury Statistics: 06/30/10 – balance $8, /30/10 – balance $6, 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 Design Committee Update Co-Chairs Chuck Brown, Gibraltar x3282 Rose Sweeney, Rich Products

Communications/Web Design 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 Design Committee Update 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 Design 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 Design Committee Update Check for: –Job postings for total rewards positions –Information about upcoming events –Membership/Volunteer Opportunities –Archived material from previous meetings

Company 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 Facts

Founded by Robert E. Rich in 1945 with Rich’s Whip Topping: “The miracle cream from the soya bean!” A 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…

Our Products and Brands

North America International Our Customers Around the Globe

North America Locations 20 Plants 5 Distribution Centers

11 Plants 7 Product Solution Centers 2 Distribution Companies Multiple Sales Offices International Locations

Human Resources Overview

Human 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 initiatives

Guest Speakers Ginger Schroder Heather Giambra Schroder, Joseph & Associates Michael Fitzgerald Department 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.

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 $ (Effective July 24, 2009).

Note:

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

Note:

Note: In New York State the minimum weekly salary requirement is $ (Effective July 24, 2009). There is no minimum salary for doctors and lawyers, teachers.

Note:

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.”

Note:

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