employment sustainability
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They both seem hot… I am torn.
www.glassdoor.com
• A global hospitality company with widely recognized • Industry leading; • More than fi<y-‐year history. • The mission is to provide authen@c hospitality by making
a difference in the lives of The people we touch every day.
• The goal of becoming the most preferred brand for our associates, guests, and owners
• 549 proper@es
Mister H.
“H gives great benefits and really cares about their employees” (in 42 reviews) “The company tries hard to keep employees happy, and provides fairly good benefits” (in 29 reviews) “Great people work there and you always have fun with your coworkers”( in 22 reviews) “Opportunities for advancement and the ability to travel around the world and good benefits”(in 11 reviews) “Free hotel nights(12 per year) and employee rates(unlimited)”( 19 reviews)
“Poor work life balance, it can be very hard to make plans around your work schedule”( in 29 reviews) “Extremely long hours for a handful of posi@ons”(in 49 reviews) “Very lo<y expecta@ons from upper management, with limited resources available” ( in 22 reviews) “Low pay even though they think they are matching the job market”(in 13 reviews)
www.glassdoor.com
• A global hospitality company with widely recognized • Industry leading; • More than fi<y-‐year history. • The mission is to provide authen@c hospitality by making
a difference in the lives of The people we touch every day.
• The goal of becoming the most preferred brand for our associates, guests, and owners
• 549 proper@es
Mister D.
“H gives great benefits and really cares about their employees” (in 42 reviews) “The company tries hard to keep employees happy, and provides fairly good benefits” (in 29 reviews) “Great people work there and you always have fun with your coworkers”( in 22 reviews) “Opportunities for advancement and the ability to travel around the world and good benefits”(in 11 reviews) “Free hotel nights(12 per year) and employee rates(unlimited)”( 19 reviews)
“Poor work life balance, it can be very hard to make plans around your work schedule”( in 29 reviews) “Extremely long hours for a handful of posi@ons”(in 49 reviews) “Very lo<y expecta@ons from upper management, with limited resources available” ( in 22 reviews) “Low pay even though they think they are matching the job market”(in 13 reviews)
Cons Pros.
Atmosphere
Great Benefit
People Brand
Celebrate Our People
Condi@oning advancement
Empowerment
Work-‐life balance
Orlando Business Journal Jul 27, 2012 EDT Hya$ Regency gives its workers guest treatment
Cons Pros.
Atmosphere
Great Benefit
People Brand
Condi@oning advancement
Empowerment
Work-‐life balance
Recommenda@ons for Managers
• Hire adaptable employees rather than Qualified employees
• Use social connect to hunt key employees
• Linkedin.com (linkedlin map) • Simplicity – Campus Resources
• There is no perfect Company! • Simplicity • Hcareer.com • Glassdoor.com • Linkedin.com • Monster.com • Building up your E-‐proeolio • Make yourself googlable. • Networking.
Recommenda@ons for Candidates
-Company needs to face the perpetually changing environment. -Who do you hire? -Periodically review Job DescripAons and update. -School relaAon -Linkedin -‐ Networking
RECRUITMENT
Classmates; faculty; family professionally
Internships & full time positions
Manage company’s image
Key contacts
Internship
Net-‐working
Work-‐shop
Clear responsibility
Employee lost the power
Effec@ve and efficient Interview process
Recommenda@ons from Supervisor;
Subordinates; Peers.
How weird are you?
"Tell me about the first experience in your life when you realized that you had the power of change or the power to do something meaningful.” -‐-‐-‐-‐Simon Anderson, CEO of DreamHost
How would you describe yourself in one word? -‐-‐-‐Dara Richardson-‐Heron, CEO of YWCA
Ashely Morris, CEO of Capriok's
What would you do in the event of a zombie apocalypse?
What was the last costume you wore? Dave Gilboa and Neil Blumenthal, CEOs of Warby Parker
Laszlo Bock, SVP of people opera@ons at Google
BONUS: Give me an example of a @me when you solved an analy@cally difficult problem.
Business Insider DEC. 18, 2013, 9 CEOs Share Their Favorite Interview Ques@on
-‐ Orienta@on Cul@vate employee into Company’s -‐ Standard Performance Training -‐ Skill Training Enhance employees capability and support -‐ Makes leadership training available
-‐ Shadowing program
-‐ On-‐job training
-‐ Poten@al managers need experience
Training
Benefit? Burden?
• Ac@vity – to improve employee rela@onship
• To
culture and value.
employees expand their career path
of mentoring at least 3 people.
• Benefits – aqrac@ng, mo@va@ng and retaining
-‐ Ensure that compensa@on and benefits programs are compliant with applicable federal laws and regula@ons.
-‐ Benchmarking, employee surveys, trend analysis the compensa@on and benefit market.
-‐ Communicate and train the workforce in the compensa@on and benefits programs, policies and processes.
Phase Sales Employees
Total Rewards Strategy
Year 1 $750,000 2 Base salaries lag compe@@on
Year 2 $6,800,000 32 Base Salaries meet compe@@on. Add Medical insurance
Year 3 $10,800,000 63 Add stock op@ons for all employees.
Year 4 $18,360,000 70 Salary increases for all employees. Add 401(K). Add dental and vision insurance. Add bonus opportunity for some employees.
Year 5 $20,000,000 70 Add on-‐site massage therapy.
Year 6 $21,300,000 90 Company acquired – all employees receive cash payouts for op@ons.
Year 7 $28,700,000 90 Stock purchase in parent company at 15 percent discount.
PHR/SPHR STUDY GUIDE CHAPTER 6-‐COMPENSATION AND BENEFITS
Genius Sugges@ons:
1. Pay leaves + sick leaves 2. Incen@ves 3. Peers vote for bonus
saving money by not giving bonus to the bad employees.
4. Opportuni@es to grow ( K G.O program)
5. Employee discount