Assignment 1– Organizational Culture at Wal-Mart Casandra Reynolds Dr. Tonya D. Moore HRM 534 Employee and Labor Relations July 25, 2013 Explain How Viable Employee Relations Practices Have Contributed to Wal-Mart’s Success as an Employer. Wal-Mart is one of the largest retailers and employers in the world. It currently has over 2 million employees (www.statisticbrain.com). This is mainly due to the tenets Sam Walton introduced to the company. Associates of Wal-Mart focus on respect for the customer as well as respect for the employee. There are three values that associates live by which retains employees and grows Wal-Mart’s business: * Service to customers * Respect for the individuals * Striving for …show more content…
The receive coverage for preventative healthcare, low cost pharmacy benefits with minimal co-pays. Wal-Mart is known for selling products that are competitively priced or low cost. Employees have the advantage of a 10% employee discount on already reduced pricing. Employees can save for retirement with a generous match of 6% that is vitally important in today’s economy. Wal-Mart’s benefits assist employees with meeting their life needs and maintenance of their well-being. This demonstrates Wal-Mart’s largesse in the benefit area serves to entice as well as retain employees within the corporation. Its large discount program combined with health and financial benefits ensures Wal-Mart’s employment practices remain successful. Describe How the Organizational Culture and the Use of Performance Criteria Could Affect the Introduction of a Union. Unions are formed due to conceived lack of power, communication, poor working conditions or lack of compensation (Holley 2012 p. 328). Unionization was born during the Industrial Revolution when factory work increased and workers subjected to poor working conditions, long hours and poor pay joined together to negotiate better working conditions or pay increases. Currently, organizations are aware of what is necessary in the workplace to enhance working conditions and increase employee satisfaction. Wal-Mart’s culture focuses on respect, diversity and promoting from within. These values seek to increase job
Because Wal Mart already have a lot of these expectations set in place, it is very important that the employees are educated and informed of the company mission and the culture of the company. For any company including Wal Mart it is very important that the employees are treated with respect and they are treated equal. The employees should also have a clear understanding that their success within the company would be rewarded. Wal Mart has set training programs for their employees.
Stocking, being in electronics, cashiering, maintenance or in the back binning is boring at some point when working for a certain time there. Even though it can be sort of boring at Walmart, there are some benefits to it. Employees at night and that work in the back don’t have to deal with customers often unlike Jalapeno Tree. Managers at Walmart will work with the employees schedule if they need days off for their personal needs. After every employee has completed their first three months at Walmart, they get an employee discount card which discounts on some merchandise in the store and even on gas. There are more benefits online for employees and can save money on movie tickets, sport tickets, hotel discounts, and more. Full time employees can get health insurance. AT&T and Verizon cell phone users can get up to twenty percent off their cell phone bill. Every employee is at least paid $9.00 an hour and night employees get paid $9.50 an hour. At Walmart, it is a requirement that the employee take two fifteen minute breaks and take an hour for lunch on an eight hour
Wal-Mart excels in customer service; and the wages provided to their employees is beyond just minimum wage. “Wal-Mart’s success is the direct result of the dedication of its associates, and they reward their hard work with benefits that work for them. Their benefits include more than medical coverage and a competitive pay package: They offer associates retirement savings plans, pharmacy benefits, the opportunity to share in bonuses and valuable discounts at their stores (walmartstores.com, n.d).”
Wal-Mart is an American multinational retail corporation and one of the leading discount department retail stores (Wikipedia). It is the highest- grossing company in the United States (Fortune 2008a), and is by far one of the most successful companies worldwide. Wal-Mart offers a place to buy the majority of our goods under one roof like electronics, furniture, clothing, pharmacy, sports, food, books etc. Wal-Mart sells good at lower price than the others and this is even shown by its slogan “save money, live better”. It drives out smaller and sometimes even the expensive stores out of business due to its lower prices. Wal-Mart provides jobs for thousands of
Wal-Mart founded in 1962 by Sam Walton is now the largest American retail corporation. With thousands of chains of stores and warehouses Wal-Mart monopolized the American retail industry. In addition, Wal-Mart is the second largest retail corporation in the world employing of two million employees world-wide. As one of the most valuable corporations in the world Wal-Mart continues to improve their sales annually while offering some of the lowest prices available. Wal-Mart’s famous low price guarantee, come at a high expense of the environment, the small businesses, education, the rights and safety of the consumer, but most importantly their employees. Although Wal-Mart has plays a dominate role in American economy, this “American”
Wal-Mart has three basic beliefs that are an integral part of their teamwork. The first is respect for the
Wal-Mart’s sheer size gives it unrestrained economic power which allows it to drive down costs in the retail and manufacturing sectors and to enact its own standards with regards to its work force.
Wal-Mart, the multi-billion company and the second largest employer in the world, is the most controversial corporation in the world. Wal-Mart is a global powerhouse and affects many people around the world. Wal-Mart is constantly getting attacked from unions, human rights groups, small towns and small businesses. Wal-Mart is accused of treating their workers poorly and driving small businesses out of business. But however these accusations are false or over exaggerated. Wal-Mart offers families and low income people quality products. Also, they pay their workers competitive wages and treat them with respect. Wal-Mart opens their stores in rural and under developed areas. Wal-Mart improves the lives of the people who live rural area and
Wal-Mart is arguably the most dynamic corporation in the last 50 years in the United States, if not the world. Arising from its beginnings in Bentonville, Arkansas, it has grown to over 4,400 discount stores, super centers and corner markets worldwide. Wal-Mart continues to expand despite public criticism of its labor practices as well as complaints about their treatment of competitors. The many strengths of Wal-Mart, like their low cost production and marketing practices, will aid Wal-Mart as it continues to grow in the retail
Walmart strives to bring good value to its customers under one roof. They provide a wide variety of goods and brands at competitive prices.
Wal-Mart is certainly credited with changing the retail world as we know it with its low prices and big stores with huge selections but it has come at a price. They have struggled with issues that question the ethics as a company and legal issues that question how they manage people. These issues will continue to hurt their organization unless a complete change in management thinking and actions are changed. As a socially responsible organization, their management planning in this area is second to none. Lets hope they take the same effort in improving their image when it comes to ethics and legal issues.
Walmart’s culture can be described as employee-centered with an emphasis on economical productivity. Essentially, Walmart relies on its many employees to further their values and goals of providing the best service to their customers at the lowest prices.
The company I will share is Walmart, I like to shop at Walmart for varies reasons. Walmart has more than just your typical clothing items, now you can do your grocery shopping, have a prescription filled, get automotive services, shop home décor, toys, and if you like gardening, there’s a lot of gardening tools, shrubs, and accessories to maintain a beautiful and vibrant gardening. Through this research I will share a brief introduction of Walmart, their company culture, teamwork policies, structure, leadership, and communication and motivation that has made Walmart a success for many years.
Wal-Mart was the biggest company in the world while they have been the biggest retailing success ever. A lot of Wal-Mart's success was attributed to the strong and pervasive culture at the company. By being the world’s largest employer, Walmart managing 2.1 million associates internationally. Most of the job candidates willing to travel long distance to get an opportunity to work at Walmat’s new stores.
Wal-Mart Stores Inc. is regarded as the largest retail store in the world. Since its founding in October 31, 1969, it has been involved in retail operation, in various parts of the world (Wal-Mart, 2015). The company operates in three segments, which comprise Wal-Mart US, Wal-Mart International, and Sam 's Club. Notably, Wal-Mart Canada works both in the international division and the company Sam 's Club. It was established in 1994 through the acquisition of the 122 Canadian leases of Woolco. In Canada, many of the company 's outlets work as discount stores and engage in general merchandise and selection of dried goods such as the grocery, fuel and other, home appliances, technology, and health and wellness. Today, it is Canada 's fastest growing retailer in both the grocery and merchandise sector. As part of its culture, Wal-Mart values its employees ' welfare. After the acquisition of the Woolco, all employees underwent training and received a five percent raise. The company provides varying, but competitive salaries to its employees in different positions. Its success is further attributed to various advantages such as the mastery of the Backroom Inventory Associates. Wal-Mart 's inventory associates possess extensive knowledge of three company 's fundamental beliefs, which include respect for the individual, service to its customers and striving for the excellence. Its success in Canada has propelled into one of the significant sponsors on various issues of public