Moving on to how Schneider electric treats its' employees. Schneider electric focuses on providing their customers with the best professional employees in their field, therefore the company treats its' employees in a perfect way to ensure world class leadership, empowered employees, and superior teamwork. According to executive vice president, Global Human Resources at Schneider electric Olivier Blum (Our customers see our company through our people. We strive to have the best knowledge of our business and technology and the best capability of delivering our collective know-how. To achieve this, we create the right environment for our employees characterized by an accessible leadership, shared accountability, and superior teamwork fueled by …show more content…
By is to offer them respect all the employees from the top rank to the lowest rank treat each other by mutual exchanged respect to ensure a good climate of working in the company. Moreover by teaching the employees how to team work and increase it. however the company not only gives the employees new abilities or teach them things they lack or can't do but also strengthening their weak points. In addition to delegating tasks for them and promoting them. delegations given to the employees by their mangers gives them self confidence and a happy feeling for taking responsibility of a bigger task. Promotion is a good way for the company to thank or appreciate its' employees. Promotion make the employees more loyal and dedicated to the company than ever before because it improves their life standards. Moreover Managers seek to get knowing their employees well and to built a friendship between them. in addition to the employee of the month and of the year prize that make each and every employee work as hard as they can to be the employee o the month or of the year. Finally Supporting your employees' ideas and giving them chances make them happier and give them the will of finishing their jobs efficiently with no …show more content…
in addition to such offers for hotels, they are also offered as employees the privilege of being allowed vacations at places where the corresponding places are equipped with electrical products produced by the company at very convenient prices. In addition to health care and giving the managers and highly ranked employees a big discount for them to buy a car from specific automotive agencies this was the individual part. the company also car for the relationship between the employees and their mangers so the company organize events for all the employees and managers in the company like trips, celebrating an employee's birthday and making dish parties and parties in the company and the main aim of the company to do this is to help them interact with each other and build a relationship between them in aim for creating a one big united family in the company for the sake of being a successful one. According to the Senior Vice President, People Strategy and Step Up Program Leader at the company Aurelie Richard (Great people make Schneider Electric a great company. That’s why we’re stepping up to ensure that we attract, develop, and retain strong people throughout all of our businesses and levels. The Step Up initiative is about making our people strategy a reality. Talent,
The workplace is a very sensitive place, especially in businesses. The workers need to be motivated by their bosses to do work properly. Otherwise, they get demoralized. The managers should not be harsh in correcting mistakes since mistakes are bound to happen in any scenario. The manager should have a democratic way of communicating with the employees, this way they become free and the job environment becomes conducive. It is evident in job-friendly environments that jobs are well done and profits increase.
The company's management put a lot of emphasis on taking care of its employees, encouraging an entrepreneurial spirit, treating each other with respect, and being committed
In any business money is the driving force, whether it is the owner or employee. Money is the greatest incentive for performance amongst employees Lincoln Electric defined this fundamental reason for driving employees to excel at their jobs. Aside from compensation there is an understating between mangers and their subordinates that both have the same fear toward lack of income, this commonality serves to encourage all employees to deliver quality and affordable products at the best market
James F. Lincoln believed in the “Golden Rule”- “Do unto others as you would like them to do unto you.” He managed the company with this rule in mind and today, the company’s management team still follows that rule which dictates how employees should be treated. This is the basis of the Lincoln Incentive Management Plan. Under this plan, employees are treated fairly and the company never laid off staff no matter what was going on in the economy or outside world. Lincoln believed that if incentives were given to staff, they would work harder for the success of the company. The company didn’t believe in sharing profits among shareholders but would share profits among their staff first. This plan has worked very well for the company throughout the years as they continue to be a top competitor in the welding
The organization adjusts its advantages to this corporate quality by remunerating representatives who invest energy volunteering at their preferred charities. As mentioned above, one of the organization's nontraditional rewards is that they give nearby childcare services and on location fitness centers for their representatives. These rewards align with the corporate benefit of giving an improving and compensating work environment for their representatives. Aflac benefits also shows employees that they are valued and aligns with one its founding principles, which is to treat their employees with care, dignity and fairness (Reed, p. 4, 2009). By giving that advantage and the majority of alternate advantages that Aflac gives its representatives, they are certainly giving their workers an enriching and rewarding working environment which are demonstrated by the employee survey statistics (Reed,
...ible if Lincoln Electric stopped prioritizing its employees. By making sure to look out for its employees’’ well-being, the company can stay aggressive and stable without stagnation or lawsuits. Ultimately, the company sounds like it blends traditional management elements with an above-average attention to employee morale, training, and well-being. For a place that’s nearly two hundred years old, with thousands of satisfied employees, this is an impressive track record. Other companies should look at the management style present at Lincoln Electric for proof that companies can make profits and still put their employees above stakeholders.
Promotion of managers from within who will serve as examples of success for others to follow.
Founded in 1878 by Thomas Edison, General Electric is nowadays a leading business in electrical generation, distribution and use in America and in the world. The company has been experimenting successful business models since its creation, and its human resources policy has been considered for a century one of the most sophisticated. It consists in a strong focus on human potential through executive development to the top ranks of the firm: this performance based meritocracy has made GE a “CEO factory” for the company and for all corporate America. In 2001, Jeff Immelt, the company’s new leader was faced with the problem of how to keep this talent machine humming.
Effective management of any business or company are vital for the well-being of both the company, and the employees of that company. Management implement the company’s objective through their use of other people. Thus it is vital that the people in charge sufficiently direct their employees to carry out the desired tasks in the desired way.in the following essay, I will look at the best ways to manage people, drawing on the relevant theory, including on how to motivate people, and look at the key skills and attributes necessary for a good manager.
It is a well-established reality that organisations in the world today can no longer survive without focusing on their employees. If they have to be at the competitive edge, they have to invest in human resources, and placing their employees on top priority. This notion has led to the strategies that, most organisations are pursuing through employee management. To achieve the optimum performance of employees, organisations must motivate their employees, and engage them in activities that will benefit and help employees in achieving their predetermined goals and objectives. In order to achieve this, it is imperative for managers to set in motion work conditions that will help employees to achieve satisfaction of their job, low turnover and absenteeism rate and promote the environment that promotes the organizational commitments and organizational citizenship behavior.
It is important for manager to understand that what motivates the individuals. There are different kinds of motivation theories which reveal that individuals are motivated by different factors. For example there is extrinsic motivation and intrinsic motivation (Amabile, 1993). Extrinsic motivation refers to the motivation that one has for the extrinsic rewards such as pay, status, power, etc. Then there are intrinsic motivating factors such as the chance to exercise one’s skills, the opportunity to learn and personal development. Research suggests that various factors motivate employees in a different degree depending on their nature. It would therefore be important for the manager to understand that what are the motivating factors for individual employees and then provide them incentives accordingly so that they can work in a more productive fashion. Once the individuals work with greater excitement and vigour it would automatically lead to better performance.
Lincoln Electric Company strongly believed that the customer satisfaction should be their main goal. The value on the return of the happy customer was significant that it directly impacts the success of the business. Lincoln Electric Company was very much coined on the term of customer satisfaction and they strive their best to provide the The culture of appreciating employees for their hard work and achievements by incentives shows how the organization values their employees. Lincoln believed “Status is of great importance in all human relationships. The greatest incentive that money has, usually, is that is it a symbol of success...
In large organisation, competition is not only in the market for goods and services but also for the quality of employees. As such, a large organization can only become attractive to the most skilled and high quality workers if it has an effective compensation and benefit plan. The key purpose of an effective compensation and benefit system is to provide employees with the right rewards for their work and right behavior in the workplace. Typically, organizational success is determined by the quality of employees an organization has. In turn, the organization can only attract such quality workers and maintain them through effective compensation and benefit
The purpose of this report is to brief the management on the importance of employee satisfaction in achieving the competitive goals of the organization through increasing the retention of the employees.
...ll benefit when the employees are well equip with the excellent oral communication, critical thinking, strong work ethic, teamwork, competence and setting the goal which requires a lot of thinking process.