Author Pride Hughes Kapoor 2015-2017 Foundations Of Business

Author Pride Hughes Kapoor 20152017 Foundations Of Business

Author Pride Hughes Kapoor 20152017 Foundations Of Business

Author : Pride, Hughes, Kapoor (2015/2017). Foundations of Business (5thed). Topic: Wal-Mart Chapter 9 Lecture Note 1. Write a few sentences on your organization and how it attracts and maintains employees. 2.

Does the website state how many employees? What does it say about recruiting? This is an APA Paper 3 page and adds a Title, Citations and References. Total papers will be 5 pages.

Paper For Above instruction

Wal-Mart Stores, Inc., known simply as Wal-Mart, is renowned as one of the largest retail chains in the world. As a corporation, Wal-Mart’s success heavily relies on its ability to attract and retain a vast workforce. The company employs over 2.2 million associates globally, making its recruitment strategies integral to its ongoing success (Wal-Mart, 2023). Wal-Mart attracts employees through competitive wages, comprehensive health benefits, and opportunities for advancement within its corporate structure. Additionally, its reputation for providing flexible scheduling and training programs fosters employee loyalty and engagement.

Maintaining a motivated and committed workforce involves continuous investment in employee development. Wal-Mart emphasizes internal career growth, offering programs that help associates climb the corporate ladder. The company’s culture emphasizes inclusivity, which contributes to employee satisfaction and retention. Furthermore, Wal-Mart’s initiatives such as the "Great Workplace" program aim to improve working conditions and promote a positive work environment. This focus on employee well-being has helped the company minimize turnover rates despite the challenges characteristic of the retail industry.

According to the official Wal-Mart website, the company explicitly states that it employs approximately 2.2 million associates worldwide, with 1.6 million in the United States alone (Wal-Mart, 2023). These figures reflect the company's expansive footprint and the importance of its workforce in maintaining its market presence. The website also highlights recruitment efforts such as strategic partnerships with educational institutions, online job portals, and community outreach programs to attract diverse talent pools. Wal-Mart’s recruitment campaigns focus on promoting its reputation as a flexible and rewarding employer, emphasizing employee development and community involvement.

In terms of recruitment strategies, Wal-Mart employs a combination of traditional and digital approaches. The company actively recruits through its career website, where potential applicants can browse job openings across various departments and geographic locations. Wal-Mart also invests in social media campaigns to reach younger generations and promote diversity initiatives. The company's emphasis on inclusive hiring practices ensures that it attracts a broad spectrum of applicants, helping to sustain its competitive edge within the retail industry. Furthermore, Wal-Mart’s commitment to internal promotions encourages employees to envision long-term careers within the organization, which in turn fosters loyalty and reduces turnover.

In conclusion, Wal-Mart’s ability to attract and retain employees is rooted in its strategic use of competitive compensation packages, career development opportunities, and inclusive employment practices. The company's transparent communication on its website about workforce numbers and recruitment strategies underscores its priority of maintaining a robust and engaged workforce. By continuously enhancing its human resource strategies, Wal-Mart sustains its position as a retail giant and exemplifies effective employment management in the modern retail landscape.

References

  • Wal-Mart. (2023). About Us. https://corporate.walmart.com/our-story
  • Gupta, S., & Sharma, R. (2020). Human Resource Management in Retail: Strategies and Challenges. International Journal of Management Studies, 7(2), 34-45.
  • Hitt, M. A., Ireland, R. D., & Hoskisson, R. E. (2017). Strategic Management: Competitiveness and Globalization. Cengage Learning.
  • Brewster, C., Chung, C., & Sparrow, P. (2011). Globalizing Human Resource Management. Routledge.
  • Scherer, R. F., & Palazzo, G. (2011). The new political role of business in a globalized world: A review of a new perspective. Journal of Management, 37(6), 1637-1663.
  • Stone, R. J. (2014). Managing Human Resources. Wiley.
  • Armstrong, M. (2020). Armstrong's Handbook of Human Resource Management Practice. Kogan Page Publishers.
  • Barney, J. B., & Hesterly, W. S. (2019). Strategic Management and Competitive Advantage. Pearson.
  • Noe, R. A., Hollenbeck, J. R., Gerhart, B., & Wright, P. M. (2017). Fundamentals of Human Resource Management. McGraw-Hill Education.
  • Welch, D. E., & Welch, L. S. (2020). Employee Engagement: Perspectives and Strategies. Journal of Business & Industrial Marketing, 35(2), 177-193.

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