120301_analysis on weaknesses of hr policies of company
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5/14/2018 120301_Analysis on Weaknesses of HR Policies of Company - slidepdf.com
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Presented by Group 1:
Nutsa BuachidzeKerem Ilgaz
Man Sum ChengManuela Congiu
Viktor Nizov
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Primary industry: Multinational finance services company
Market position: Market leader with 160 years of history
Primary product: Credit cards for travel & entertainment andtravel checks
Clientele:Top-notch customers
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Core Vision: To become a complied financial service brand
Belief: Company·s employees are the greatest assets
Main Values: Customer Commitment: improve customers· lives
Quality: in both products & services
Integrity: in all actions for trust of customers
Teamwork: work together to help company win
Respect for People: encourage employee development
Good Citizenship: good citizens in communities
A Will to Win: try to succeed in everything
Personal Accountability:everybody is responsible for
delivering company·s commitment
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Internal car park
Internal canteen
No smoking promotion
Supply of food & drinks
Promoting work lifebalance
Global rotation
Great variety of courses &trainings
Development plan & day
Performancemanagement system
TFR (indemnities)
Reduced interest rate oncredit card debts / loans
Medical, health, life &accident insurance
Additional hours permission
´Ring of Rewardsµrecognition schemes
Annual bonus and longterm incentives only forsenior management
One time payment(special awards)
SALARYBENEFITS
WORKING
ENVIRONMENT
LEARNING &
DEVELOPMENT
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R e l e v a n c e
Coherence
Travel
ChecksOpen Door Day
every 2 monthsFree
personal
cards
Christmas
Dinner
Annual
Incentive Award
Extra time paid
for training
Insurance
Internal car park
Lack of diversity
´Best team
workerµ award
´Manager of the
yearµ & ́ Employee
of the yearµ
Death
Benefits
Insufficientadditional
hours
permission
Global rotation
for managers &
above L o w
H i g h
Low High
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Open Door Day every 2 months
Lack of Diversity
Insufficient additional hourspermission
Death Benefits
´Manager of the yearµ &
´Employee of the yearµ
Annual Incentive Award
Christmas Dinner at office
Insufficient communication
Lack of creativity & synergies
Lower motivation
Create doubts & worries
Higher chance of disputesbetween managerial & non
managerial employees
Lower employees· moral
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To make working hours flexible to allow employees to have a better work-lifebalance.
To establish a diverse working environment by recruiting people with various nationalities, age groups and cultures.
To implement a new communication policy to increase effectiveness &efficiency.
To increase the variable paid parts (e.g. bonus) to boost motivation.
To remove upper limit of award and create new award system depending on
the employees· competences & performance to boost motivation.
To issue shares to employees who make significant contribution to sustaintalented employees.
To carry out surveys on employees· interest in company events to improvemoral and sense of belonging amongst the employees.