Case Study : Business Concept Involving Social Responsibility And Employee Care

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Case Study 3 Christopher Thomas BUSI 642 Liberty University Case Study 3 Total Rewards The company I selected is L.L. Bean. This case study describes a business concept involving social responsibility and employee care as the core philosophies of the company dating back to its inception. The code of conduct which includes safety standards, non-discriminatory practices, and fair compensation and benefits is strictly adhered to (Reed, 2009). Additionally, the company’s approach toward sustainability demonstrates a powerful yet very effective system that creates profit for its shareholders while protecting the environment (Reed, 2009). L.L. Bean is ran operationally so that its business interests…show more content…
The company also organizes and encourages employees to take adventure days together (Reed, 2009). According to one author, there are positive effects that can be associated with collective physical activity in the work place (John W Williams Jr., 2012). Additionally, collective physical activity programs have the potential to increase levels of physical activity and ultimately, improve health and economic outcomes (John W Williams Jr., 2012). Lastly, the success of the business is often reflected in the cash compensation form as selected employees are awarded cash awards by percentages, and pension plans are deposited with excess capital as part of the success of the firm. The benefit packet includes elements such as: health care, several retirement plans, life insurance, professional development programs, tuition assistance, and relocation assistance (Reed, 2009). The approach used by the company follows the basic fundaments of a solid benefit package in its quest to attract the right employees, while maintaining them (Gomez-Mejia, Balkin, & Cardy, 2012). The internal, external strengths and weaknesses identified; how the company responded to these factors from a total rewards perspective. The company had a strong presence prior to the e-business boom. Over several decades, the company developed a strong position and brand internally that was based upon the premise
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