Facebook has several policies to attract and retain top talent: - It funds employees' innovative ideas and values their skills. Employees can choose their own teams and projects to keep them engaged. - The company offers free food, over a month of paid time off each year even for new hires, and four months of paid parental leave to support work-life balance. - Facebook is ranked a top employer due to challenges that help employees fulfill the company's mission and focus on excellence in recruiting.

1. Facebook
HR
policies
BY:
RISHABH SINGH
13/IME/046

2. History
Facebook (FB) is an American for-profit corporation and online social
media and social networking service based in Menlo Park, California.
The Facebook website was launched on February 4, 2004, by Mark
Zuckerberg, along with fellow Harvard College students and
roommates, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz,
and Chris Hughes.

3. Employees are a high value corporate asset:
Facebook fund’s and implement each one of the “crazy”
and unique things and ideas.
Quantifying the value of employees — i.e. Facebook has
taken the time to put a dollar value on its employee assets
and skills

4. Provide employees’ amazing choices:
 Facebook offers it’s new hires the choice to choose the
team in which he/she wants to work with.
 Hackamonth self-directed internal movement — It allows
employees who have worked on a project for a year to
select their own next project team and after working with
them for a month, if they like it, they can stay.

5. Contd. :
 Free ice cream and cookies
 A global array of food- Its 3,000+ employee population
includes a large number of younger people from all over the
world, it makes sense that it offers food day and night that
fits every “global fast food group.”

6. A focus on excellence in recruiting:
 It is ranked the No. 1 employer brand — In 2013 Facebook was
listed as the No. 1 employer brand by Glassdoor for having the most satisfied
employees. It was No. 1 because its employees are “Challenged every day to do
your best work” and “The company’s leadership truly believes in Facebook’s
mission to make the world more open and connected.”
 Contest-based recruiting reveals what an applicant can
build

7. Economic rewards and employee benefits :
 Facebook offers 21 days of paid time off each year
(essentially a month off) for even new employees.
 It offers four months paid parental leave for both spouses
and $4,000 “baby cash” for a new baby.
 It encouraged workers to drop by at any time

8. Performance Review:
 Facebook conducts performance reviews every six months
to formally collect insights from an employee's managers
and closest colleagues.

9. THANK YOU