Case Study: Best Practices at the Fedex Corporation

Case Study: Best Practices at the FedEx Corporation twinge: The chemise examines FedEx Corporations various innovative HR practices, which earned it the personality 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 outgrowth of employees. It withal details the performance appraisal system and employee memory board strategies of FedEx. Finally, the case reviews the benefits reaped by the company because of its employee friendly HR practices. Issues: » find out the component of an organizational doctrine in the development of humane option policies in a multinational organization psychiatric hospital: In 2003, set magazine featured FedEx Corporation (FedEx),2 a leading planetary logistics solutions provider, among the refer of 100 best companies to work for in the US. This was the fifth consecut ive year in which FedExs name had evaluate in the list. The company had received a high valuation 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 from the survey, a general evaluation of the companys philosophy and its HR practices was likewise conducted FedEx was among the maiden few companies in the world to develop a clod HR policy which viewed employees as a centre for achieving semipermanent growth and profitability. Framed and valued since FedExs inceptio n in 1973, the people-service-profit (PSP) p! hilosophy (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 communion program, known as the Survey Feedback Action program, to encourage...If you want to get a epicurean essay, order it on our website: OrderEssay.net

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