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HR PRACTICES
• HRM FUNCTION IS PLANNING, STAFFING, CONTROLLING, LEADING AND
ORGANIZING.
• FUNCTIONS OF HRM :
 RECRUITMENT & SELECTION
 TRAINING & DEVELOPMENT
 PERFORMANVE MANAGEMENT& COMMUNICATION
 EMPLOYEE RETENTION
FEDEX BACKGROUND
• WAS ESTABLISHED IN 1971 BY FREDERICK W. SMITH
• OFFICIALLY BEGAN OPERATION ON 19TH APRIL 1971 WITH ONLY 389 MEMBERS
• NOW DELIVER 7,500,000 & MORE PACKAGES DAILY MORE THAN 220
COUNTRIES
RECRUITMENT & SELECTION
 A SET OF ACTIVITIES TAKEN BY COMPANY TO GET POTENTIAL CANDIDATES
WITH SKILLS, KNOWLEDGE & EXPERIENCE NEEDED FOR JOB (FLOREA & MIHAI,
2014)
 HUMAN CAPITAL THEORY- PEOPLE WITH SKILL, ABILITY & EXPERIENCE
COULD BE CONTRIBUTION FOR ORG SUCCESS (ARMSTRONG,2006)
 FEDEX SEE EMPLOYEE AS ASSET
 IMPORTANCE: COST EFFECTIVENESS, RETENTION, LOYALTY &
PRODUCTIVITY
TRAINING & DEVELOPMENT
 TRAINING - METHODS USED TO GIVE NEW/PRESENT EMPLOYEES THE SKILLS
THEY NEED TO PERFORM THEIR JOB (STOREY, 1994)
 HERZBERG THEORY-HELP DEVELOP THEIR SKILLS
 FEDEX GOT CUSTOMER SATISFACTION – PROVIDING SERVICE & INCREASE
PRODUCTIVITY
 PROVIDE TRAINING TO DEBELOP NEW SKILLS WITH CBU COMPANY IN IT &
MANAGEMENT SKILLS
 MCCELLAND THEORY- POWER & AFFILIATION IMPORTANT TO MOTIVATE
 EVERY 6 MONTHS FEDEX CONDUCT JOB KNOWLEDGE TESTING PROGRAM
TRAINING & DEVELOPMENT
IMPORTANCE
TRAINING – EMPLOYEE BE EFFICIENT & JOB COST REDUCED
ADV:
PERFORMANCE & PRODUCTIVITY INCREASE
FEDEX- UNDERGO PROGRAM TO TEACH PROCEDURES & POLICIES
“THE HIRE ORIENTATION KIT” GUIDE MANAGER FOR EMPLOYEE IN
ORIENTATION PROCESS
PERFORMANCE MANAGEMENT &
COMMUNICATION
 PERFORMANCE MANAGEMENT: CONTINUOUS PROCESS OF IDENTIFY,
MEASURE & DEVELOP INDIVIDUAL PERFORMANCE & ALIGN WITH ORG GOAL
(AGUINIS, 2009)
 COMMUNICATION: 2 WAY COMMUNICATION BETWEEN EMPLOYEE &
MANAGEMENT
 GOAL SETTING THEORY- SETTING GOAL & ITS IMPORTANCE TO HELP
EMPLOYEE PERFORMANCE
 EXPECTANCY THEORY- EMPLOYEES’ BEHAVIOUR & HOWTHEY ADAPT TO GET
MAX SATISFACTION LEVEL FROM GOALS
PERFORMANCE MANAGEMENT &
COMMUNICATION
IMPORTANCE:
HELP TO ACHIEVE GOAL & OBJ
PROVIDE VITAL INFORMATION IN DECISION MAKING TO ADMIN MATTER
GIVE EMPLOYEE CLEAR PICTURE OF SUPERVISOR EXPECTATION
ADV:
SURVEY, FEEDBACK & ACTION (SFA) – PROVIDE FEEDBACK IN MANAGEMENT
OPEN DOOR POLICY – SUBMIT CONCERN THRU ONLINE
EMPLOYEE RETENTION:
COMPENSATION
 REWARD PROVIDED TO EMPLOYEE FOR THEIR SERVICES
MASLOW THEORY – HUMAN LIVE WITH 5 NEEDS (SELF-ACTUALIZATION, SELF-
ESTEEM, SOCIAL, SECURITY & PHYSIOLOGICAL)
FEDEX: COMPENSATION PLANS (SALARY INCREMENT) AND FIVE STAR
AWARD
IMPORTANCE:
MOTIVATED TO STAY IN ORG
PERFORM BETTER TO BE RECOGNISED
HEALTHY COMPETITION WITHIN EMPLOYEE
PROVIDE WAY FOR CAREER ADVANCEMENT
EMPLOYEE RETENTION:
COMPENSATION
ADV:
 COMBINATION OF PAY PROGRAM, WORK/LIFE PROGRAM & BENEFIT PLANS
 - SALARY INCREASE, PAID TIME OFF VACATION, DISCOUNTED TRAVEL
 - AWARDS AS BRAVO ZULU
EMPLOYEE RETENTION: BENEFITS
 NON-FINANCIAL COMPENSATION
 MOTIVATION-HYGIENE THEORY : EMPLOYEE INFLUENCED BY 2 FACTORS
 FEDEX: GIVE BONUS SO EMPLOYEE WILL IMPROVE PERFORMANCE
IMPORTANCE
 INDIRECTLY COMPENSATE EMPLOYEE
 HELP FOSTER STABILITY & ECONOMIC SECURITY BY INSURING EMPLOYEE
FROM SICK, INJURY & DEATH
 ENSURE EMPLOYEE WORK IN SAFE ENVIRONMENT
 MOTIVATE & RETAIN EMPLOYEE
EMPLOYEE RETENTION: BENEFITS
ADV:
MEDICAL & DENTAL COVERAGE
EDUCATION SUBSIDY
RETIREMENT PLAN
PERFORMANCE BASED BONUS
LOW ABSENTEEISM & TURNOVER
SELF CONFIDENCE BOOST
COMPETITORS INTRODUCTION
DHL
FOUNDED IN 1969
ADRIAN DALSEY, LARRY HILLBLOM &
ROBERT LYNN
220 COUNTRIES, MORE THAN
325,000 EMPLOYEE
VISION OF “ THE LOGISTICS
COMPANY OF THE WORLD”
UPS
 FOUNDED IN 1907
JAMES E
200 COUNTRIES
AIM IS TO GROW BUSINESS BY
LOOKING EMPLOYEE NEEDS &
GROW IN FINANCIAL STABILITY AREA
COMPARISON OF COMPETITORS
RECRUITMENT & SELECTION
FEDEX DHL UPS
COMPARISON OF COMPETITORS
TRAINING & DEVELOPMENT
FEDEX DHL UPS
COMPARISON OF COMPETITORS
PERFORMANCE MANAGEMENT & COMMUNICATION
FEDEX DHL UPS
COMPARISON OF COMPETITORS
EMPLOYEE RETENTION
FEDEX DHL UPS
FEDEX’S COMPETITIVE EDGE
 PEOPLE-SERVICE-PROFIT (1973) – TO TAKE CARE OF EMPLOYEE TO GET
BETTER SERVICES
 REWARDS EMPLOYEE WITH RECOGNITION AWARD – FIVE STAR & GOLDEN
FALCON AWARD
 BENEFITS – EDUCATION SUBSIDY, TRAVEL DISCOUNT & SHIPPING,
 FUTURE PLAN HELP - RETIREMENT PLAN
 BEST COMPANIES TO WORK IN US IN 2008 RECOGNITION
RECOMMENDATION
• CHILD / OLD PARENT CARE SERVICE
• HARVARD MEDICAL SCHOOL – NURSING
HOME FACILITIES FOR OLD PARENT
• IBM - $50MIL DEVELOP CHILDCARE FACILITIES
• CHANCE FOR DISABLE CANDIDATE
• IBM – HIRE FOR PROJECTS SPECIALISED FOR
DISABLE APPLICANTS
CONCLUSION
• IMPORTANT AS IT AFFECTS OVERALL
COMPANY PERFORMANCE
• EFFECTIVE EMPLOYEE RETENTION & LOW
TURNOVER RATE FOR 7%
• ENCOURAGE PROMOTION WITHIN
ORGANIZATION
• TRANSPARENT COMMUNICATION
• TRAINING TO HELP DEVELOP SKILLS &
PERFORM BETTER
• OVERALLSUCCESS AS EMPLOYEE-FRIENDLY &
SERVICE ORIENTED ORG

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Human Resource Management of FedEx

  • 1. HR PRACTICES • HRM FUNCTION IS PLANNING, STAFFING, CONTROLLING, LEADING AND ORGANIZING. • FUNCTIONS OF HRM :  RECRUITMENT & SELECTION  TRAINING & DEVELOPMENT  PERFORMANVE MANAGEMENT& COMMUNICATION  EMPLOYEE RETENTION
  • 2. FEDEX BACKGROUND • WAS ESTABLISHED IN 1971 BY FREDERICK W. SMITH • OFFICIALLY BEGAN OPERATION ON 19TH APRIL 1971 WITH ONLY 389 MEMBERS • NOW DELIVER 7,500,000 & MORE PACKAGES DAILY MORE THAN 220 COUNTRIES
  • 3. RECRUITMENT & SELECTION  A SET OF ACTIVITIES TAKEN BY COMPANY TO GET POTENTIAL CANDIDATES WITH SKILLS, KNOWLEDGE & EXPERIENCE NEEDED FOR JOB (FLOREA & MIHAI, 2014)  HUMAN CAPITAL THEORY- PEOPLE WITH SKILL, ABILITY & EXPERIENCE COULD BE CONTRIBUTION FOR ORG SUCCESS (ARMSTRONG,2006)  FEDEX SEE EMPLOYEE AS ASSET  IMPORTANCE: COST EFFECTIVENESS, RETENTION, LOYALTY & PRODUCTIVITY
  • 4. TRAINING & DEVELOPMENT  TRAINING - METHODS USED TO GIVE NEW/PRESENT EMPLOYEES THE SKILLS THEY NEED TO PERFORM THEIR JOB (STOREY, 1994)  HERZBERG THEORY-HELP DEVELOP THEIR SKILLS  FEDEX GOT CUSTOMER SATISFACTION – PROVIDING SERVICE & INCREASE PRODUCTIVITY  PROVIDE TRAINING TO DEBELOP NEW SKILLS WITH CBU COMPANY IN IT & MANAGEMENT SKILLS  MCCELLAND THEORY- POWER & AFFILIATION IMPORTANT TO MOTIVATE  EVERY 6 MONTHS FEDEX CONDUCT JOB KNOWLEDGE TESTING PROGRAM
  • 5. TRAINING & DEVELOPMENT IMPORTANCE TRAINING – EMPLOYEE BE EFFICIENT & JOB COST REDUCED ADV: PERFORMANCE & PRODUCTIVITY INCREASE FEDEX- UNDERGO PROGRAM TO TEACH PROCEDURES & POLICIES “THE HIRE ORIENTATION KIT” GUIDE MANAGER FOR EMPLOYEE IN ORIENTATION PROCESS
  • 6. PERFORMANCE MANAGEMENT & COMMUNICATION  PERFORMANCE MANAGEMENT: CONTINUOUS PROCESS OF IDENTIFY, MEASURE & DEVELOP INDIVIDUAL PERFORMANCE & ALIGN WITH ORG GOAL (AGUINIS, 2009)  COMMUNICATION: 2 WAY COMMUNICATION BETWEEN EMPLOYEE & MANAGEMENT  GOAL SETTING THEORY- SETTING GOAL & ITS IMPORTANCE TO HELP EMPLOYEE PERFORMANCE  EXPECTANCY THEORY- EMPLOYEES’ BEHAVIOUR & HOWTHEY ADAPT TO GET MAX SATISFACTION LEVEL FROM GOALS
  • 7. PERFORMANCE MANAGEMENT & COMMUNICATION IMPORTANCE: HELP TO ACHIEVE GOAL & OBJ PROVIDE VITAL INFORMATION IN DECISION MAKING TO ADMIN MATTER GIVE EMPLOYEE CLEAR PICTURE OF SUPERVISOR EXPECTATION ADV: SURVEY, FEEDBACK & ACTION (SFA) – PROVIDE FEEDBACK IN MANAGEMENT OPEN DOOR POLICY – SUBMIT CONCERN THRU ONLINE
  • 8. EMPLOYEE RETENTION: COMPENSATION  REWARD PROVIDED TO EMPLOYEE FOR THEIR SERVICES MASLOW THEORY – HUMAN LIVE WITH 5 NEEDS (SELF-ACTUALIZATION, SELF- ESTEEM, SOCIAL, SECURITY & PHYSIOLOGICAL) FEDEX: COMPENSATION PLANS (SALARY INCREMENT) AND FIVE STAR AWARD IMPORTANCE: MOTIVATED TO STAY IN ORG PERFORM BETTER TO BE RECOGNISED HEALTHY COMPETITION WITHIN EMPLOYEE PROVIDE WAY FOR CAREER ADVANCEMENT
  • 9. EMPLOYEE RETENTION: COMPENSATION ADV:  COMBINATION OF PAY PROGRAM, WORK/LIFE PROGRAM & BENEFIT PLANS  - SALARY INCREASE, PAID TIME OFF VACATION, DISCOUNTED TRAVEL  - AWARDS AS BRAVO ZULU
  • 10. EMPLOYEE RETENTION: BENEFITS  NON-FINANCIAL COMPENSATION  MOTIVATION-HYGIENE THEORY : EMPLOYEE INFLUENCED BY 2 FACTORS  FEDEX: GIVE BONUS SO EMPLOYEE WILL IMPROVE PERFORMANCE IMPORTANCE  INDIRECTLY COMPENSATE EMPLOYEE  HELP FOSTER STABILITY & ECONOMIC SECURITY BY INSURING EMPLOYEE FROM SICK, INJURY & DEATH  ENSURE EMPLOYEE WORK IN SAFE ENVIRONMENT  MOTIVATE & RETAIN EMPLOYEE
  • 11. EMPLOYEE RETENTION: BENEFITS ADV: MEDICAL & DENTAL COVERAGE EDUCATION SUBSIDY RETIREMENT PLAN PERFORMANCE BASED BONUS LOW ABSENTEEISM & TURNOVER SELF CONFIDENCE BOOST
  • 12. COMPETITORS INTRODUCTION DHL FOUNDED IN 1969 ADRIAN DALSEY, LARRY HILLBLOM & ROBERT LYNN 220 COUNTRIES, MORE THAN 325,000 EMPLOYEE VISION OF “ THE LOGISTICS COMPANY OF THE WORLD” UPS  FOUNDED IN 1907 JAMES E 200 COUNTRIES AIM IS TO GROW BUSINESS BY LOOKING EMPLOYEE NEEDS & GROW IN FINANCIAL STABILITY AREA
  • 13. COMPARISON OF COMPETITORS RECRUITMENT & SELECTION FEDEX DHL UPS
  • 14. COMPARISON OF COMPETITORS TRAINING & DEVELOPMENT FEDEX DHL UPS
  • 15. COMPARISON OF COMPETITORS PERFORMANCE MANAGEMENT & COMMUNICATION FEDEX DHL UPS
  • 16. COMPARISON OF COMPETITORS EMPLOYEE RETENTION FEDEX DHL UPS
  • 17. FEDEX’S COMPETITIVE EDGE  PEOPLE-SERVICE-PROFIT (1973) – TO TAKE CARE OF EMPLOYEE TO GET BETTER SERVICES  REWARDS EMPLOYEE WITH RECOGNITION AWARD – FIVE STAR & GOLDEN FALCON AWARD  BENEFITS – EDUCATION SUBSIDY, TRAVEL DISCOUNT & SHIPPING,  FUTURE PLAN HELP - RETIREMENT PLAN  BEST COMPANIES TO WORK IN US IN 2008 RECOGNITION
  • 18. RECOMMENDATION • CHILD / OLD PARENT CARE SERVICE • HARVARD MEDICAL SCHOOL – NURSING HOME FACILITIES FOR OLD PARENT • IBM - $50MIL DEVELOP CHILDCARE FACILITIES • CHANCE FOR DISABLE CANDIDATE • IBM – HIRE FOR PROJECTS SPECIALISED FOR DISABLE APPLICANTS
  • 19. CONCLUSION • IMPORTANT AS IT AFFECTS OVERALL COMPANY PERFORMANCE • EFFECTIVE EMPLOYEE RETENTION & LOW TURNOVER RATE FOR 7% • ENCOURAGE PROMOTION WITHIN ORGANIZATION • TRANSPARENT COMMUNICATION • TRAINING TO HELP DEVELOP SKILLS & PERFORM BETTER • OVERALLSUCCESS AS EMPLOYEE-FRIENDLY & SERVICE ORIENTED ORG