Strategic Human Resource Management

Most commonly, child-care and elderly care. Our workforce changes everyday and offering minimal child-care benefits would be a competitive advantage by gaining good workers. Offering child-care referrals, scheduling child-care help, and reimbursing employees for child-care expenses helps tremendously, and affects employee's attitudes and job performance in a positive way. Offering elder- care benefits would be referrals for employees who have parents needing care. A common benefit becoming popular is long-term healthcare insurance providing nursing homes or home care. These benefits are a good practice for HR to have because this is our workforce and it is

Besides treating your employees to well-earned perks, offering a company benefits plan has many benefits for the company as a whole, including:

Benefits are a major component of an organization’s total rewards strategy. A flexible and rewarding benefits package can assist an organization with attracting and retaining talented employees. Whereas most benefits offered by organizations are optional, some benefits are mandatory (Lussier & Hendon, 2016). One of the responsibilities of the U.S. Department of Labor (DOL) is to ensure that organizations are offering mandatory benefits and complying with benefits regulations. The DOL maintains a “Health Plan and Benefits” website that specifies health plan and benefits regulations and federal involvement in employee benefits. This paper will examine and review the website. First, the paper

In today 's competitive business environment, companies need not only remain focused on an area of expertise but employee sustainment. Business leaders realize the need to foster and develop relationships with emerging organizations and solidify partnerships that offer complementary strengths. These alliances are designed to deliver robust solutions to address business challenges, drive revenue and exploit new market opportunities. But, what about the backbone of these organizations…the employees? Through the development of a complete benefit packages, companies are able to develop differentiated solutions that provide a competitive advantage. Telecommunications leaders such as Sprint, AT&T and Verizon leverage their industry-leading

Evaluating employees as a very valuable asset in the company is a great prevailing trait that the all companies strive for and seem to have in common. The best companies realize that if they employees are left out, they could not be profitable in the company’s success. Google, SOMC and Build-a-Bear workshop all seem to strive for the best for the company and their employee’s.

Google is also a successful company. This factors into making it attractive because the company can offer superior compensation packages. Employees who have been granted stock now find their shares have increased in value significantly, and this has served to increase the wealth of everybody at the company. The company is also able to spend on its employees, and these perks cost little in comparison with the value that most

How has strategic human resource management as a field evolved over the years? What are the practices that are likely to bring forth better performance with regards to strategic human resource management? Strategic human resource management deals with strategies used by business enterprises and companies as means of the improving and measuring performance. It is important to understand these strategies as it helps determine what would be required for employers to get good results from their enterprises and employees to feel comfortable and also feel motivated to work efficiently. Strategic human resource management (SHRM) emphasizes the need

Employees also look forward for a good benefits package; in fact employees have grown accustomed to generous benefits programs, and join an organization expecting them. Employee benefits exist in organizations all around the world and the levels and range of these benefits vary between countries. Some of the benefits companies offer can be like company accommodation, company provided vehicles, health insurance, retirement benefits, easy loans, travel benefits, workplace flexibility, work-time flexibility and so on. (SHRM, 2011)

As someone who is gainfully employed and currently benefits from the compensation and benefit packages offered by my employer, I feel it is necessary for me to evaluate how critical it is for an organization to provide their employees with benefits and compensations. To learn more about benefits and compensations, including ways it factors into a company’s success or reputation; I will evaluate and compare two organizations, examine commonalties and differences in both organizations benefit packages, and provide my selection based on my research.

All employees have access to first class dining facilities that provide a free gourmet lunch and dinner every day, along with free dry cleaning, a gym, salon, massage parlor, a car wash, bike repair shop, laundry rooms, an on-site doctor and commuting buses. Additional perks include 18 weeks off with 100% pay for maternity leave with includes $500 for new parents, tuition reimbursement, up to $5000 for adoption assistance and $5,000 for when employees purchase a hybrid vehicle. Employees also obtain vacation packages and Google will match up to $3000 per year for charitable contributions. These additional benefits are perhaps their strongest strategic capability and their largest competitive advantage in retaining employees. Another strategic capability is that employees have access to a product manager for career and management purposes. This manager will teach them how to negotiate better salaries, improve their presentation skills and talk them through the reasons why they should or they shouldn’t leave to start their one company (Walker, 2012). A disadvantage is that once a person has been with company and learned these practices, they can leave the company and attempt to replicate the same advantages in their new company. Another disadvantage is that it is incredibly costly to maintain these benefits.

The long list of employee benefits assists Google in keeping employee’s engaged, retained, satisfied, motivated, and productive to be able to reach their individual, departmental, divisional, and company-wide goals. All of the above mentioned benefits makes the employees feel valued and respected; therefore, they are more likely to be retained.

The table below gives us a glimpse into the main functions of SHRM and its differences from traditional functions and responsibilities of HRM:

Google has developed a high standard of employee welfare policies, other than the requirement standard by the State and the Federal Government. Google also have many additional benefits to encourage employee to stay safe and healthy, such program includes free food, on-site laundry, dry cleaning, and change

Google Incorporated is a search engine tool that is used worldwide. It provides an enormous amount of websites and other online information as a resource based on keyword searches. We all have heard the phrase, “Google it”. What that means to many individuals, is simplicity and answers. Google is not only an Internet search engine it offers many other features such as: Gmail, YouTube, Google Maps, Google Chrome, Google Play, Google Drive, Google Earth, Google Toolbar, Google Blogger, and Google Calendar and many more products. Google’s main priority is to organize the world’s information and make it universally comprehensible and valuable. Google’s motto has ten (10) characteristics to abide by: (1) focus on the user and all else will follow, 2) it’s best to do one thing really well, 3) fast is better than slow, 4) democracy on the web works, 5) don’t technically need to be at your desk to need an answer, 6) you can make money without doing evil, 7) there’s always more information out there, 8) the need for information crosses all borders, 9) you can be serious without a suit, 10) great just isn’t good enough. Google gives back to there users in a convenient way to search, making it smarter and faster for you, as well as for businesses, provides numerous amount of tools to help businesses succeed on and off the web. For example, businesses promote their company by using ads through Google. As for the web itself, it develops products that will

Employee benefits play an increasingly important role in the lives of employees and their families, and have a significant financial and administrative impact on a business. Most companies operate in an environment in which an educated work force has come to expect a comprehensive benefits program. Indeed, the absence of a program or an inadequate program can seriously hinder a company's ability to attract and keep good personnel. Employers must be aware of these issues and be ready to make informed decisions when they select employee benefits.