Monday, January 27, 2020

Recruitment Strategy at HiTec International

Recruitment Strategy at HiTec International Introduction: Problems: Advice: Step 1Provide a Positive Working Environment Step 2Recognize, Reward and Reinforce the Right Behavior Step 3Involve And Engage Step 4Develop Skills and Potential Step 5Evaluate and Measure   Introduction: HiTec International is the company which is emerging organization. It has annual turnover of more than $19billion in current and employs more than 30,000 people across the world. The headquarter of HiTec which is located in West Dublin employs 2500 people in which 90% are permanent employees and remaining are on contract basis. HiTec have some expertise in procurement of hardware and bespoke programming solutions for corporate customers to aid them in boosting the utilization of the web. HiTec likewise give a complete after sales services which go beyond maintenance of software. The organization is perceived as worldwide business sector pioneers in a few of its central line of business. Because of the focused market that HiTec works in development and persistently advancing engineering improvements through innovative work division is vital to the organizations future achievement. HiTec offers workers brilliant terms and states of livelihood with top-pay rates, liberal extra plans, rebates, benefits, and wellbeing and life coverage. The earth in which they work is extremely alluring with superb offices, for example, staff cafeterias, wellness offices and valet administrations. Staff retention is great; turnover levels are at present at 5% of which half are represented by dismissals and non-renewal of fixed term contracts. Problems: HiTec are encountering some troublesomely with discovering sufficient number of workers with the obliged aptitudes to reach its development needs. Because of the quick moving nature of the industry which makes it difficult to usefully employ graduates with limited experience and train them. With the time, they learned a lot of skills and then moved on to another organization to learn more skills. HiTec likes the people which are employed in companies to who with HiTec has a customer relationship and in partner companies but HiTec has a long standing policy to not recruit from these sources. However, HiTec is recruiting people through advertisement in national newspapers and with the use of headhunters but this also not succeeded because through national newspapers the people who are properly qualified are few and head hunters are also not succeeded due to target labor market is so small. Advice: HiTec should explore the fundamental reasons of people leaving the jobs. HiTec should distinguish new methods and strategies, for example, making a developing leaders program, giving preparing to directors, and enhancing their representative distinguished program. As a result, they will draw in better ability and all the more significantly will have the capacity to hold best individuals. And the HR Department will be more satisfied in light of the fact that they wont spend all their time conducting training. HiTech can improve their ability to attract, retain and improve productivity by applying the following five-step PRIDE process: P Provide a Positive Working Environment R Recognize, Reward and Reinforce the Right Behavior I Involve and Engage D Develop Skills and Potential E Evaluate and Measure Step 1Provide a Positive Working Environment HiTec should provide a positive working environment to its employees to retain them for a longer period. Employees quits the jobs for many reasons but one reason for quitting them is the relationship with their first line-supervisor because the fact is that managers and supervisors are totally unaware with their actions that can affect employees. Manager training is a critical aspect for an effective retention strategy. Suitably trained managers play a key part in an effectual recruitment and retention policy. Managers need the skills, tools, and knowledge to help them understand their employees retention needs and be able to implement a retention plan designed to increase employee engagement in the organization. Step 2Recognize, Reward and Reinforce the Right Behavior Cash and profits may draw in individuals to the front entryway; however something else needs to keep them from going out the back. Individuals have a fundamental human need to feel acknowledged and pleased with their work. Recognition and motivation projects help address that need. A fruitful prize and recognition program does not need to be confused or lavish to be compelling. Hitec ought to offer prize to its workers. In a few organizations CEO frequently give their extravagant auto keys to their workers for a week or for an outing. This inventive approach to remunerate workers has a greater effect than money. In the event that you gave someone a $200 reward, it wouldnt mean all that much. When somebody gets to drive an auto for a week, they always remember it. For Example, At First American, administrators exhibit a Greased Monkey Award to the machine specialist who is best in determining issues with machine programs. The recompense is a plastic toy monkey in a container of Vaseline alongside a $50 supper testament. A supplies wholesaler remunerates each workers work celebration with a cake and a check for $200 for every year utilized. Twice a year workers kids get a $50 reserve funds security when they accumulate their everything As report card. Whats more, they compensate workers with a Security Bonus Program. They screen each representatives driving record twice a year, and any individual who has a reference is expelled from attention. Those representatives staying toward the end of the year separate $2,000. On Fridays, all representatives pivot employments for one hour. This fabricates a stronger group, solidarity, and enhances correspondence inside the organization. Step 3Involve And Engage The directors of Hitec ought to be included and captivate with the workers. Individuals are more dedicated and captivated when they can help their thoughts and proposals. This provides for them a feeling of proprietorship. Hitec ought to have a capacity to make and produce new and creative items. Keeping in mind the end goal to encourage the trade of thoughts inside offices, they ought to support a yearly Idea Exposition. Amid the article, researchers and designers showcase ventures and thoughts they are chipping away at. This procedure makes a solid atmosphere of development and captivates each one of the individuals who take an interest. Organization should have a unique way of making its employees feel valued and involved. One wall within the company contains the photographs of all employees who have worked there more than five years. Their equality program goes beyond the typical slogans, posters, and HR policies. There should no reserved parking spaces or other perks just for executives everyone is an equal. This is one reason why companies can be best employer company. Step 4Develop Skills and Potential For the vast majority, vocation opportunities are generally as vital as the cash they make. In a study by Linkage, Inc. more than 40 percent of the respondents said they would consider leaving their present boss for an alternate occupation with the same profits if that employment gave better vocation improvement and more prominent difficulties. So Hitec ought to create abilities and possibilities for their staff to hold them/ Hitec ought to find that why they were losing gifted individuals to different organizations and they ought to lead passageway reviews to discover what number of representatives who left to take new occupations and vocations outside the organization and can accompany the same employments and professions inside Hitec. As an issue they ought to make with an intranet-based improvement and profession guiding project for all representatives. This will bring about over of workers who left the organization and representatives will exploited the project and perspective inside employment opportunities. Not just does the system give new openings for work, however Career Connections offers an assemblage of profession improvement instruments, for example, assessments toward oneself, apparatuses to create continues, and articles on different occupation looking for techniques inside the organization. Gifted individuals wont stay in a vocation in the event that they see no future in their position. To wipe out the inclination of being in a deadlock work, each position ought to have an individual advancement plan. Step 5Evaluate and Measure Nonstop assessment and endless change is the last venture of the PRIDE framework. The main role of assessment is to measure advance and figure out what fulfills and de-fulfills your workforce. The assessment procedure incorporates the estimation of demeanor, confidence, turnover, and the engagement level of the workforce. Here is an agenda of things that ought to be incorporated in Hitecs assessment and estimation process. Carry out an employee satisfaction survey at least once a year. Improve your contracting methodology to make a finer match between the singulars abilities and employment prerequisites. Examine those divisions that have the most elevated turnover rates. Hold chiefs in charge of maintenance in their area Initiate interviews and surveys concerning the real reasons people come to and leave your organization. Provide flexible work arrangements for working parents and older workers. Start measuring the cost of turnover. Focus on the key jobs that have the greatest impact on profitability and productivity. Design an effective employee orientation program.

Saturday, January 18, 2020

Financial Analysis of Ted Baker & Burberry Essay

INTRODUCTION Burberry is a global luxury brand offering menswear, womenswear, childrenswear, coats, dresses, shoes, accessories, bags, scarves, beauty and fragrance. The quintessentially British brand was first founded as an outerwear brand, well known for it’s iconic Burberry trench coat and distinct tartan print. The brand has over 497 directly operated stores and concessions operating in 32 countries; and via a third-party distribution network- 70 franchise stores in an additional 28 countries and approximately 1,400 wholesale department and specialty store doors in over 80 countries (as at 31 March 2014). The brand continues to develop its presence in existing and  under-penetrated markets. THE BASICS Burberry was founded by Thomas Burberry in 1855 in Hamphire England and remained an independent company until 1955, when it was taken over by Great Universal Studios (GUS). In 2005, GUS divested its remaining interest in Burberry. Burberry Group PLC was initially floated on the London Stock Exchange in July 2002. In 2013/2014, Burberry had a turnover of  £2,330 million (up 16.5% from the previous year), recording a profit before tax of  £461 million (up 7.7% from the previous year). The company employs 9698 employees across 34 countries and is headquartered in London. The accounts are presented in GBP, which is Burberry’s functional currency. It is listed on the London Stock Exchange under the ticker BRBY with a market capitalization of GBP6822.43 Million. The consolidated financial statements have been prepared in accordance with IFRSs as adopted by the EU. The accounts have been audited by PricewaterhouseCoopers LLP with no reservations. MANAGEMENT CHANGES On the management side, the most significant change is the departure CEO Angela Ahrendt in April 2014 who left Burberry (to join Apple). Ahrendt the CEO since 2006 has lead the successful transformation of the company, tripling revenue three-fold during her tenure. Ahrendt was succeeded by Christopher Bailey, Chief Creative Officer (CCO) who has been with Burberry since 2001. Bailey holds the roles of CEO and CCO and his appointment as CEO is considered a natural progression. Other important changes include, the changes of the CFO and COO, and the appointment of three new non-executive directors. The new board appointments focus on evolving the Board’s relevant skills and competencies for the future under its succession plan. THE BUSINESS ENVIRONMENT After three years of double digit growth, analyst estimated that the luxury sector growth slowed to 2% in 2013. This was in part due to a slowdown in China (the world’s 4th largest luxury market), in light of government policy changes on gift giving and the Chinese consumer increasingly shifting luxury consumption abroad (which has in turn help drive luxury sales in the rest of Asia and Europe). Whilst Burberry is a luxury brand, note that it’s growing beauty and fragrance lines are â€Å"attainable† luxury and has the capacity for resilience in unfavourable economic conditions. Burberry’s five strategic themes which have sustained its growth during the period include:[1: Claudia D’Arpizio, Bain Report: Luxury Goods Worldwide Market Study Spring 2014 ]

Friday, January 10, 2020

The Dawros Bay

The Dawros Bay Hotel has recently major financial problems. It is partly because of the economic crisis, but also because of the loss of our clientele. In order to bring back our customers , management appointed me as a new Restaurant manager. The management have lso set their objectives of providing excellent food with 5* as there unique selling point. Therefore, to increase our working effecience and quality of restaurant proper training will be provided as first.This training manual will indroduce you with some new Standard operating procedures which I believe will help us to become succesfull and profitable Restaurant. Daniel Hovancak Restaurant Manager The Importance of Training Training is one of our crucial factor to become succesful and profitable restaurant. It will help you ( as an employee ) to become more efficient and productive if you are trained well.Lillcrap (2010) defines training as the systematic developmnet of people, where the the general objectives are to : Incr ease the quantity and quality of output by improving employee skills Reduce accidents Make the operation more profitable by reducing the amount of equipment and material required to produce or sell in a given unit Make it possible for restaurant manager, or restaurant supervisors to spend less time correcting mistakes and more time in planning Enable new employees to meet their Job requirements and enable experienced employees to accept transfers and increase efficiency in work Definition of Standard Operating ProceduresStandard operating procedures (SOP) are detailed explanation of how a policy is to be implemented. An effective SOP communicates who will perform the task, what materials are necessary, where the task will take place, when the task shall be performed and how the person will execute the task. The purpose of a SOP is to give detailed directions. This means that every single member of Food and Berverge staff in Dawross Bay Hotel can do a Job correctly, on time and what is very important every time..Every SOP iw written will be presented to be more effective, Training that includes hands-on learning activities ill help you to learn and remember information more readily. Every member of F&B staff will be regularly monitored after trainig to make sure you are following training procedures. In general, according to his personal opinion, I believe there are 4 aspects that should be included in his Training Manual as Standard Operating Procedures. These are as follow: 1. How to make make perfect Espresoo 3. Upselling 4.

Thursday, January 2, 2020

Same-Sex Marriage - 1478 Words

Same-Sex Marriage: The Problems with DOMA and the Pursuit for Equality Believe it or not, same-sex marriage has been around since ancient times. At least two Roman Emperors, Nero and Elagabalus, were in gay unions. It wasn’t until the advent of Christianity that the practice of same sex marriage was out-lawed by the emperors Constantius II and Constans in 342 AD and has continued to be through-out most of the world until the twenty-first century (Boswell 83). With the advent of gay rights movement in many industrialized countries, same-sex marriage has become more accepted. A prime example of this is what lawmakers in the state of New York did on June 24, 2011. With a thirty-three to twenty-nine vote, the legislature legalized†¦show more content†¦This includes the family home, without incurring any taxes In contrast to the legislation of DOMA, The United States Supreme Court has repeatedly held that marriage is one of the most fundamental rights that we have as Americans under our Constitution. As Justice Ginsburg famously noted in 1996 that the history of our constitution is the history of extending constitutional protections to those who were once ignored or excluded from American Society. United States v. Virginia, 518 U.S. 515 (1996). Furthermore, The Harvard Law Review in 2004 pointed outShow MoreRelatedSame Sex Marriage And Marriage948 Words   |  4 PagesSame-sex marriage and same-sex parenting are comparatively new controversial topics in today’s world and its â€Å"mainstream† morality. I was not exposed to any homosexual â€Å"lifestyle† while growing up. I know that I am strongly traditional in my theological views, nevertheless, I vigorously believe that traditional marriage and parenting are devotional commitments between a man and a woman. There fore, same-sex marriage and parenting are to me, issues of a society with strong traditional cultural identitiesRead MoreSame Sex Marriage754 Words   |  4 Pages 11/8/06 Argument Essay Same-Sex Marriage: Not a Match for Society Marriage, as defined by Merriam-Webster, is â€Å"the legal relationship into which a man and a woman enter with purpose of making a home and raising a family† (358).Although most people in the United States, including myself, agree on that definition, there are a select few who do not. Some feel same-sex marriage should be legalized; I disagree! I disagree because of its effects on children, its unnaturalness, and its religious immoralityRead MoreSame Sex Marriage1418 Words   |  6 PagesGay Couples Should Have the Same Rights As Married Couples Professor PHI 210 June 6, 2013 Same-sex marriage is a topic that has become increasingly more debatable throughout time. America has been said to be the â€Å"land of the free,† but when it comes to homosexual couples, it is far from that. If same-sex marriage was legalized, many positive outcomes could emerge from it; the society would be closer to equality, adoption would increase, gained social support for families would developRead Moreno to same-sex marriage!894 Words   |  4 Pageseverything builds up. I Corinthians 10:23 Against Same Sex Marriage - The Six Point Case Each of these six points against same sex marriage will be explained in detail in the following articles. Click on each link for more explanation. Natural marriage is the foundation of a civilized society. Homosexual behavior is inherently destructive. The law is a great teacher, and it encourages or discourages behavior. Government-backed same-sex marriage would encourage and normalize homosexual behaviorRead MoreSame-Sex Marriage 962 Words   |  4 Pagescaucasian because of laws passing interracial marriages around the 20th century due to Loving V. Virginia (Melina Patria). By the 1960s, the women’s rights movement was in full motion switching male and female roles drastically(Human right’s watch). The home may have no longer been spacious and big with the stock market crash of 1929(First Member Century). Its 2013 and there may be another possible alteration; same sex marriage. Even though same sex marriage may be a sensitive issue with people, as aRead MoreSame Sex Marriage1152 Words   |  5 PagesBiological Sex-Marriage: â€Å"An Alteration to Humanity† Submitted by: Ellicia Jiona Candelaria Submitted to: Mrs. Joan Bataclan ABSTRACT Biological Sex-Marriage: â€Å"An Alteration to Humanity† This study describes the advantages and also the disadvantages of couples of the same sex being married. It aims to explore how it affects the society and most importantly the church. Same-sex marriage, popularly known as gay marriage, is a socially or legally reorganized wedlock between two persons of similarRead MoreSame Sex Marriage884 Words   |  4 PagesSame Sex Marriage Is the definition of marriage being threatened in the United States? President Bill Clinton signed the federal Defense of Marriage Act into law on September 21, 1996. This Act defined marriage at the federal level as between a man and a woman. The federal DOMA statute ensured that no state would be forced to recognize gay marriages performed in other states and prevented same-sex couples from receiving federal protections and benefits given to married heterosexual couples. OnRead MoreSame Sex Marriage990 Words   |  4 PagesSupporters of gay marriage argue around the concept of equality in America. Our country is said to be found on the principle that all men are created equal, so that make it hypocritical to deny the rights of homosexuals, as it was hypocritical to deny freedom to African Americans or to prohibit women s suffrage. Supporters also believe that Gays should be allows the same benefits as regular married couples. For instance, only through marriage do same sex couple s have the rights to their partnerRead MoreSame Sex Marriage1120 Words   |  5 PagesSame sex marriage has been a topic on the rise throughout the U.S. It is what some of us may consider one of the more important topics of discussion for this time period. So far 17 states out of 50 have declared same sex marriage legal (States, 2013). Same sex marriage should be legal throughout the U.S. because same sex couples have a civil right to get married, along with a right to have access to the same benefits as heterosexual couples, and to be treated as equals without fear of discriminationRead MoreSame-sex Marriage604 Words   |  2 Pages in the media, same sex marriage has been widely discussed and debated. Some feel it should be legalized, while others believe that it is a sin and should remain illegal. Their are many pros and cons on both sides of this argument, however there are main points leading to why gay marriage should be legal. Legalizing gay marriage will not harm heterosexual marriages or family values, and society will continue to function normally. This is a true statement, because when two people get