Topic: Wal-mart Human Resources

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Type of paper:	Term Paper
Subject area:	HR Management
Academic level:	College
Style:	APA
Size:	25.5 kB
Word count:	1113 words/5 pages
Mark awarded:
Author:	Catherin Rubio
Date submitted:	2008-11-21 20:50:17
Rating/Votes count:	5.00 / 4

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Tags:

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Wal-Mart Human Resources
Wal-Mart was the biggest company in the world . With sales at a quarter
of a trillion and over 1 .3 million employees , it was the biggest
retailing success ever . A lot of Wal-Mart 's success was attributed to
the strong and pervasive culture at the company , which was developed and
nurtured by founder Sam Walton . In over four decades of operation ,
Wal-Mart managed to retain most of the elements of culture it had when
it first started out , as well as the entrepreneurial spirit which often
drives startup companies to success . Wal-Mart 's culture was
characterized by an orientation towards customer service and providing
the best value at the lowest prices . This is achieved by proper employee
care .
Employee well being was also given lot of importance and the company
tried to project an image of a socially responsible entity , and is known
for its strength and persuasive culture . Walton believed that happy and
satisfied employees performed well and were responsible for happy
customers . Walton believed that employees play a vital role in the
success of a retail business and gave considerable importance to them .
To instill a spirit of equality and oneness among employees , the company
adopted the practice of terming employees `` 'associates `` ' thus
creating in them a sense of belonging and involvement in Wal-Mart 's
activities and success . Walton believed that if he took care of the
employees , they would take care of the customers in the same manner .
He tried to create a positive and cheerful atmosphere in company .
Wal-Mart was one of he first companies to introduce profit sharing and
stock option plans for its employees . After going public it started
Profit sharing plan . The plan offered an opportunity to its employees to
improve their income depending on the profitability of the store .
Employees were offered stock options and store discounts .
This was to motivate them to take active interest in the working of the
company . A system of performance linked compensation and bonus also
ensured that employees contributed their best to the organization . One
of the unique features of Wal-Mart 's human resource policy was that the
company did not authorize overtime work , it did not allow store managers
to overburden employees with work .
The company also was committed to improving the career prospects of its
employees . It also had a system of recruiting 70 of its personnel in
managerial positions from the rank of hourly workers in stores . In spite
of having so much systems favoring employees , Wal-Mart still have been
criticized for certain aspects of its culture .
Though Wal-Mart had a strict policy on overtime and company 's rule to
forbade it , it was observed that , at most of the stores , employees
worked between 5 and 15 hours overtime per week . Since company was very
strict about not allowing overtime , it was usually done on unofficial
basis .
The problem with Wal-Mart was that , as the largest company in the world
it had three times the number of employees...

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