Human Resouce Management Essay Example | Topics and Well Written Essays - 750 words

military man Resouce Management - Essay ExampleAs a result, employees tend to work hard for their companies boosting low employee overturn rates and high employee satisfaction rates. Fulfillment of the goals of HRM is directly associated with the dedication of employees to the partnership. If the employees are satisfied due to proviso of various employee benefits, they work with full commitment, which not only results in increasing workplace productivity entirely also ensures generation of high revenues for the telephoner. Low employee overturn is one of the most incredible accomplishments of the HR departments of Genentech and Zappos. Companies entertain a deep interest in their employee turnover rate because it is a costly part of doing personal credit line (Beam). If the employees are satisfied with the company and there is no issue of discrimination, none of the employees will ever compulsion to leave the company. Therefore, employers of all companies motivating to inc lude employee benefits in their strategic plans in order to fulfill their goals regarding employee turnover and workplace productivity. Answer No 2 Rosenbloom states, Employee benefits are a part of employees total compensation (3). ... coin is not always the best motivating factor for the employees. Managers of Genentech and Zappos believe that employees look for benefits along with money. If a company provides employees with normal salaries without any employee benefit, it reduces their interest in working for that company. That is the reason why managers of Genentech and Zappos think towards providing such(prenominal) benefits to their employees, which should be able to go for and motivate the employees. Development of fun loving culture by Zappos and provision of advance(a) benefits to the employees by Genentech, such as, paid sabbaticals and pet insurance are some of the effective ways to retain and motivate employees. Provision of such benefits increase employee motivation and they feel good to work for their companies. Genentech and Zappos also steering towards ensuring flexibility in hire out design for the employees. The reason is that development of employee benefits system along with flexible job design not only motivates employees to achieve rewards and benefits but also improves morale of the employees. Therefore, we can say that Genentech and Zappos postulate been successful in motivating employees through providing considerable benefits to the employees. Answer No 3 The use of incentives and benefits such as those offered at Genentech and Zappos depend on some key factors. Some of the most important factors, which organizations need to consider while developing incentives and benefits system for their employees, include managerial capability and cost of the benefits. Managers of a company need to be proficient in implementing the rewards and benefits system in an appropriate manner. The most