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Sunday, January 5, 2014

Case Study: Best Practices at the Fedex Corporation

Case Study: Best Practices at the FedEx Corporation overturn: The chemise examines FedEx Corporations various innovative HR practices, which earned it the disposition of world one of the most employee-friendly companies in the world. The contingency gives an overview of the shell practices utilise by the union in the recruitment, selection, training and victimization of employees. It withal details the performance appraisal system and employee remembering strategies of FedEx. Finally, the case reviews the benefits reaped by the company because of its employee friendly HR practices. Issues: » take the component of an organizational doctrine in the development of human being option policies in a multinational organization gateway: In 2003, set magazine featured FedEx Corporation (FedEx),2 a leading planetary logistics solutions provider, among the cite of 100 best companies to work for in the US. This was the fifth consecutive year in which FedExs name had pass judgment in the list. The company had received a high grade in areas resembling compensation, employee retention morale and work diversity.
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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 from the survey, a general evaluation of the companys philosophy and its HR practices was in any case 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 FedExs inception in 19 73, the people-service-profit (PSP) philosop! hy (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 discourse program, known as the Survey Feedback Action program, to encourage...If you want to get a hedonistic essay, order it on our website: OrderEssay.net

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