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Question: How to improve the HR problems or give the solution of people quitting the job and impact of those problems on the company.   Answer: Analysis of the Case The Employees with the Olam Vietnam Ltd.’s Organization, do not seem to be happy with the overall work culture of the Organization in the broader terms. The employees in the present circumstances are neither having fat pay scales exceeding the Industry pay out averages, nor are they enjoying a vibrant an interactive work place culture. The existing separation between the working relationships of employees of different departments is making the work place of the company’s employees isolated and lackluster. Some of the employees are taking advantage of the yearly bonus distribution pattern of the company; and their unhappy souls sought resignation as soon as the bonus amount is received by them. Issues of the Case Frequent employee resignations, especially from the Trading, Finance and Accounts department Employees.   Activities and Procedures to arrest the Problem The incorporation of the following HR management strategies would help the Organization in arresting the overall problem of employee discomfort with the Organization: Systematic Job Evaluation for Jobs in trading, Accounts and Finance Departments It is quite possible that a single set of Employees are over burdened with work, like the Trading Department/ Finance Department employees. The Lack of equal distribution of work or the lack of work based payment method may be the root cause of the work stress between few of the employees, who end up resigning from their jobs. A systematic Job evaluation process pertaining to the job analysis of all the departments would help determine the worth of every job to another. This would enable equal work distribution and justified salary determination for each of the jobs performed by employee across the organization. Revamping the Bonus Payoff System, in to a Half Yearly cycle. The revamping of the Bonus distribution pattern in to a half yearly cycle would directly help control few of the resignations from the employees. The half yearly bonus distribution pattern would make the Yearend as no longer the best period to resign for the employees. Keeping the workplace interesting and lively for the Employees The work place interactions and effective interdepartmental communications are necessary aspects for retaining employee interest to their respective job roles. Also, a lively and interesting workplace, with co
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Most Downloaded Sample Of Management

Toulin Method Of Argumentation

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You are required to write a researched argument essay that convinces persuades the reader of your position / stance. This is an academic, researched and referenced document that demonstrates your understanding of the objectives of the course. The structure of the argument will follow the TOULMIN METHOD of argumentation.

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Consumer Behavior Assignment

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Executive Summary The purpose of this report is to elaborate the factors which are considered by individuals before selecting an occupation. Choosing an occupation is indeed a major decision of everyone’s life and it does give a shape to where he would be heading in the course if time. The report begins with a list of various occupations which have been going since the human civilization started though it has indeed changed its form to...

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Internet Marketing Plan For River Island

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Introduction With the increase enhancement in the field of technology, it has been considered essential by the businesses to implement such technology in their business processes. Further, the increasing demand from the customers regarding the better quality of products and services delivered to their doorstep has also necessitated for the businesses to implement the e-business strategy in their business processes. E-business which is common...

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Strategic Role Of HR In Mergers & Acquisitions

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Executive Summary In a merger & acquisition, role of an HR has emerged as a very critical function. At each stage of merger and acquisition process, HR plays a strategic role. The importance of role of HR part in integration of the merged companies should not be taken lightly and should be handled very carefully and with due planning. At pre acquisition stage, due diligence should be taken before the start of the process and HR must carve ou...

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Relationship Between Knowledge Management, Organization Learning And HRM

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Introduction In this competitive business environment where every business organization is trying to attract the customers of each other, it becomes essential for these organizations to remain competitive by innovating new ideas and thoughts, so that value added products and services can be provided to the customers. The motive of such organization in providing value added services to their customers, require their employees to be quite effect...

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