Employee Separation and Retention
Canadian entrepreneur Nathan Cummings founded the Sara Lee Corporation in 1939. Today, this company has grown to be a global manufacturer and marketer of high-quality, brand name products. Currently, this vast organization has over 141,000 employees, operations in 58 countries, and markets its wide variety of branded products in more than 180 nations. Today, Sara Lee proudly lays claim to annual revenue in excess of $20 billion.
Explore the Website for the Sara Lee Corporation. Prepare a short report responding to the following questions. You should be prepared to discuss your findings with the class. How does the Sara Lee Corporation attempt to attract personnel? Utilizing information you have attained through study of the text chapter, what would you estimate to be sources of job dissatisfaction for employees of this organization? What can the corporation do in order to retain key employees? Would working for the Sara Lee Corporation interest you? Why or why not? Identify the benefits and rewards this company offers to its employees.
With its history dating back to 1915, Wegmans has grown to be a 67 emporiums company with sales of $3.4 billion. The company has approximately 32,800 employees and boasts an employee turnover rate of only 6 percent compared to 19 percent among competitors. The company has a motto “employee first, customers second.” The company ranked #1 on FORTUNE magazine’s 2005 list of the 100 Best Companies to Work For. Wegmans has been on the list every year since it began in 1998.
Explore the company’s Website. What makes the company so good for the employees? Explain. How would you rate the company employees’ job satisfaction? What does the company do to retain employees? Would you consider Wegmans to be good for the employees only or does it hold true for other areas as well? Explain. Prepare a short report responding to the above questions.
3. http://www.peapod.com
Two brothers, Andrew and Thomas Parkinson, founded the Peapod, Inc. organization in 1989. It is currently a wholly owned subsidiary of Royal Ahold and enjoys successful partnerships with companies such as Stop & Shop and Giant Food. The mission of this organization is to be the world’s leading and preferred provider of interactive grocery shopping services. The corporate headquarters for this company is located in Skokie, Illinois.
Explore this Website. Prepare a short report that answers the following questions. How would you surmise this organization’s pay structure influences its personnel? Does this company offer any type of profit sharing to its employees? How could this firm successfully utilize awards for teams? Are the employees encouraged to participate in decision making within the organization? How does this company ensure that its organizational strategy and its compensation strategy intertwine to make a “good fit?”
4. http://www.lincolnelectric.com
Founded in 1895 by John Lincoln, Lincoln Electric today has manufacturing operations in 18 countries and sales of over a billion dollars. The company is in the business of providing the quality welding and cutting solutions for more than 100 years. Lincoln believes that its dedicated and talented workforce along with superior technology, among other factors keeps the company a leader and an innovator in the industry.
Explore this Website. Prepare a short report that answers the following questions. What is the primary motivating tool organization uses towards its employees? Does this company offer any type of profit sharing to its employees? What different programs do you believe the company utilizes to recognize employee contributions? How do they affect the company performance? Do they motivate you? Explain.
This assignment must be sent through the turnitin link shown below. Please, check carefully the originality of your submission. If you use external sources to support your rationale, cite them in both within the text and in the references section. The word document must be: double-spaced/12-font/with margins, and references (if apply) . The instructor will not accept more than 5% of materials from external sources in the content of the document; otherwise, your work will be considered invalid
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