. Facebook Lost Out to Twitter Recuiting Highly-Respected Algorithms Engineer Pankaj Gupta. Facebook Has Had Trouble Finding a Director of Monetization.

In the area of weaknesses, the biggest challenge was employee turnover. Even with the recession and the current job market good talent could and can be found, but it is hard to retain with the current compensation and benefit plans offered

Facebook is just a tool and having a lot of friends or the ability to start a group doesn't necessarily mean that you will be successful in really connecting people to your company.

Recognizing employees for accomplishments such as finishing a major project, reaching sales targets or providing excellent customer service can be an important motivating factor. Set goals for workers to strive for and offer rewards for reaching them. This could be in the form of an employee of the month scheme, a bonus, or a promotion. Some companies conduct meetings where employees are recognised for good work in front of their colleagues. This can help motivate all the workers in the business to strive for success.

Through their websites, many other companies are incorporating Social Media. Alone in 2010 there have been 2.5 million websites of companies that have incorporated themselves with Facebook. And now so many more companies are also choosing LinkedIn to employee the most brilliant people. The “fastest

Facebook should transition their culture by training their current employees to accept and understand the different beliefs of each individual. The company should invest in educating their current employees to motivate and prepare their subordinates on strategies on how to take management positions. This could nourish communication between employees and will also aid the company to be a whole more knowledgeable within their own department, which will increase efficiency.

The key components to developing effective Reward Strategy is to ensure that there are clearly defined goals to meet business objectives, that the reward programme meets the needs of both the organisation and its employees, and to ensure that this is then supported by effective HR policies. In order to ensure these criteria are met there are a number of factors which influence how reward strategy is developed which include both internal factors within the organisation itself, as well as external factors outside the organisation.

A motivated workforce can be a significant success when employees are motivated to work at a higher levels of productivity. Also this means the whole organization is more effective at reaching it’s goals. Rewards can be a positive outcome when it comes to boosting your organizations self-confidence and higher employee satisfaction. Having a reward system can always be a good outcomes because this shows how much your workers are willing to work to achieving a goal in order to receive something in return. This not only gets things done but brings out another side of your organizations as a whole.

The main purpose of reward within a performance management system are to retain, motivate employees and reduce turnover.

An in-depth look at https://www.facebook.com/careers portrays a world class means of branding and advertising which is a vital key in any business. The videos uploaded on this page are made to lure any potential employee. The company has access to over 1.2 billion people. Facebook has managed to bring people of diverse cultures and languages to a common workplace.

These rewards help employees to become motivated towards their work and encourage them to work hard and focus on striving for the same goals. This will cause the business to do well, which will

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.

After reviewing the case, I believe that there are three key issues that have affected the Human Resources department in terms of keeping up with the company growth. The three key issues are the employee turnover rate, training programs and

Facebook organization has a horizontal structure, which give each individual to empower with their ideas. This structure is the best for Facebook since it is based on ideas and their job is to keep users attracted to their site day to day (theofficialboard.com, 02/1) . As a very popular social networking site Facebook constantly require them to come up ways they can attract their users. Facebook organization understood early on if they want to stay in business they must keep their clients attracted they why their horizontal structures help them to come with ideas to keep their clients happy. They introduced online games for free like “Farmville or Cityville” so users can entertain themselves while they are in social networking site. If Facebook had a vertical structure it might be difficult to comes with new ideas because then company will be running by set of rules and guidelines which have very less room for middle lever or frontline management to invent ideas. Facebook gave its employees freedom to invent ideas and when they present it top level management can take these and decide which one is the best one they can use for the site. Facebook organization is one of the best companies to work for because of the benefits it’s give to their employees and freedom to express ideas (The

Facebook Inc., an organization operating in the social media industry. It is founded by its current CEO mark Zakarburg in 2004. The company is offering social networking services globally. They started the facebook services from Harvard university where the first bunch 1200 students joined the network. Lately, network extended to other US universities and in September 2005, the network further extended to UK universities. In September 2006, membership of Facebook opened to anyone. Still the membership of the Facebook remains free of cost. The major revenue activity of the Facebook is the advertisements of the products on Facebook network.

Being rewarded and recognised for their work or contribution is what keeps an employee motivated to work towards achieving the organisational as well as personal goals. When the employees is motivated by rewards, they will have job satisfaction consequently increasing the productivity of the organisation. It necessitates the need of managers to pay more attention in understanding their employees and come up with suitable types of reward systems for the organisation so that the employees are intrinsically and extrinsically motivated all the time. The hypotheses that I put forward here is to support this statement that effective reward management is critical to