Human Resources Project Paper Zach Newcomb BUS303 Human Resource Management Dr. Amy E. Kramer PhD 4/15/2012 Interview Project Paper Introduction According to the Princeton Review, “Human resources managers handle personnel decisions, including hiring, position assignment, training, benefits, and compensation. Their decisions are subject to some oversight, but company executives recognize their experience and skill in assessing personnel and rely heavily on their recommendations.” .Human Resource Managers deal with adversity on a daily basis and it is their job to be strict and fair. In this essay the issues of Incentive Rewards, safety in the workplace, employee benefits, and implementing compensation. Also included in …show more content…
We would like to keep all of our district managers for a long time. They make the company what it is today. Is it better to have group team compensation or individual compensation? What does Aldi’s use? Why do they use that method? We use individual compensation because we feel that each individual has a responsibility with the company and most of the branches in the company involve individual managers. What sort of incentive programs do you believe works the best for your employees? Long term benefits such as a retirement and health plan. It keeps the employee happy and it keeps them happy after their time at Aldi’s. We also offer a stock option plan for employees so if they would like to invest in the company they can. I personally like the stock option plan because it provides an income after retirement. Safety in the workplace What are the challenges of maintaining a safe work environment? Since we are a grocery store, we do have merchandise on high shelves. We emphasize to our store managers that the employee should seek assistants if they need help. We had a case years ago when an employee had a box of meat fall on her and she ended needing surgery. We try to emphasize safety first. We don’t want anyone getting hurt. How do you meet federal standards? The employee reads the employee handbook so the
For example, AFLAC would award its employees who present themselves within the community or volunteer for many charities, with the Volunteer of the Month award. This award can build the morale of the employee and keep them engaged. In the end not only are employees being recognized for their philanthropic work, but also it allows AFLAC to gain rapport due to its continuous efforts in the community. Secondly, AFLAC utilizes sound performance and incentive as an enhancement tool in order to promote and develop employees for the next level within the organization and keep pace with the company’s overall goals and strategies. “Approximately 90 percent of employees were attracted to and remain at Aflac because of company reputation. Employees are happy with the profit-sharing bonus, with 81 percent of employees saying they believe it is better than that of other companies” (p.7). This strategy is a marketing tool that allows AFLACs employees to see endless opportunity, which has allowed AFLAC to retain over 91 percent of it,
Maintains the agenda, arranges travel, and coordinates meetings, conference calls and appointments on behalf of the Manager. Organizes and coordinates the meetings and conference calls of unit staff, special project teams and working groups.
Aldi provides opportunities to their employees which allow them to boost their career through better salaries. In return, these well satisfied employees work harder with commitment towards their work, (Business case studies, no date, p.2).
The right compensation program will depend on the organization’s business strategy and goals. To achieve these, an organization must recruit and select the best possible employees. To attract such employees, there must be an attractive compensation plan. Competitors will be offering different payment options, this may be based on pay rate or special perks, and a company’s stock options. Organizations must be aggressive yet reasonable to compete with competitors. Retaining and encouraging employees to perform at their best may be achieved through an immediate incentive award
Human resource department is the field that takes control of training and overseeing employees. Therefore, it is important for HR personnel to develop and maintain some skills and knowledge in that field. Based on the CIPD HR professional map, there are some strategies, insights and solutions that can be followed. One of them is to ensure that Individuals understand the organization 's external goals and objectives and the different functions within it. Through understanding what should be done, employees will be able to focus on what they can do to help their organizations. Moreover, promoting leadership among teams and encouraging people to lead and make decisions is one of the most successful strategies used nowadays to
Introduction Total reward packages are designed to attract the potential employee to all the benefits the organization has to offer. The packages focus on health, financial options so the employee and their families can full their dreams and live life to the fullest. This paper will discuss a case study called Geico. It will include information about the Geico total reward program and how it lines up with the five top advantages of a total reward package.
What is the tenet that China follows to ensure that Hong Kong’s exuberant capitalism is retained despite the communist leanings of mainland China?
It is believed that compensation plans are a legitimate way to express appreciation in employee’s productivity and efforts and an excellent way to retain employment. Some of the main reasons to institute a compensation plan are (Vivekanand, p.2):
I think the different compensation plans typically have several reasons that depends on how the firms want their employees to behave and want to attract and retain particular employees. Furthermore, the firms might use the different pay plans to motivate their employees (David, 2012, para. 4). In other word, the firms might want their employees to focuses on either sales or services by using the different pay plans.
Managers and supervisor design compensation packages to promote team work and team building among co-workers. Managers also use incentives programs to entice recruitment of new candidates. The purpose of these incentive is to hire talented candidates through employment relation such as recruiting and selection, by shaping the flow of workers through performance evaluation, training, career advance, termination and labor relation (Martocchio, 2011).
To reward the employees, they would calculate who has most success in the organization, such as, who was acquired the highest customer service rating, and there will also be recognition for employee of the
You are a Human Resources Specialist and work for a staffing services company. Early Monday morning you receive a phone call from one of your most important clients. They want to get rid of one of your assignment employees (is a temporary employee of your company). The employee has been absent for several days because she is pregnant. She has been working as a banking receptionist, a position that requires consistent attendance and a cheerful disposition towards bank clients.
Reward Management (RM) has been defined as the distribution of monetary and non-monetary rewards to employees in an effort to align the interests of the employees, the organisation, and its shareholders (O’Neil, 1998). In addition O’Neil (1998) also suggests that a RM system can serve the purpose of attracting prospective job applicants, retaining valuable employees, motivating employees, ensuring legal requirements relating to direct and indirect rewards are not violated, assisting the company in achieving human resource and business objectives, and ultimately assisting the organisation in obtaining a competitive advantage.
Human resources has been a vital part of society for many years but they have been slightly overlooked throughout time. A human resources specialist is a big piece to the department. So what is a human resources specialist you may ask? Under general supervision, they perform a variety of responsible, confidential, technical, and office administrative human resources support functions. That includes assisting with the recruitment, testing, and selection of staff, benefits administration, payroll and HRIS database administration. How to become a human resources specialist is the question people may ask. Although the job does require an education beyond a high school diploma, it is one of the early stages among the human resources rankings. (BLS)
To work in the Human Resource management field you must maintain and improve the company by planning, implementing, and evaluating employee relations and human resource policies, programs, and practices. It is a challenging and yet rewarding field to work in. However, just like every business field, people who work in the human resource department face many challenges when it comes to discrimination.