Case Study: Best Practices at the Fedex Corporation

Case Study: Best Practices at the FedEx Corporation abstractedness: The chemise examines FedEx Corporations various innovative HR practices, which earned it the account of world one of the most employee-friendly companies in the world. The contingency gives an overview of the scoop practices utilise by the union in the recruitment, selection, training and development of employees. It withal details the performance appraisal system and employee retentiveness strategies of FedEx. Finally, the case reviews the benefits reaped by the company because of its employee friendly HR practices. Issues: » go out the component of an organizational doctrine in the development of world option policies in a multinational organization accounting entry: In 2003, set magazine featured FedEx Corporation (FedEx),2 a leading planetary logistics solutions provider, among the itemization of 100 best companies to work for in the US. This was the fifth co nsecutive year in which FedExs name had forecast in the list. The company had received a high range in areas resembling compensation, employee retention morale and work diversity.

The companies in the list were ranked on the basis of an employee survey that evaluated employees trust in management, felicitate in doing work at the company, and sense of camaraderie. apart(predicate) from the survey, a general evaluation of the companys philosophy and its HR practices was excessively conducted FedEx was among the maiden few companies in the world to develop a clod HR policy which viewed employees as a sum for achieving semipermanent growth and profitability. Framed and valued since Fe dExs inception in 1973, the people-service-p! rofit (PSP) philosophy (Refer Exhibit I) viewed employees as the key contributors to the companys profitability. During its three decades in the business, FedEx had introduced some(prenominal) innovative HR practices. The company devised a corporate communication program, known as the Survey Feedback Action program, to encourage...If you want to get a enough essay, order it on our website: OrderEssay.net

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