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Friday 21 October 2011

Mgt 501 Assignment no 1 idea Solution Fall October 2011

Human Resource Managemeny
Assignment No. 01 Marks: 20
SCENARIO
Two companies ABC and XYZ, in FMCG business, are recently cited in “Working Mother Magazine” as the best companies for women to work. Each company provides special packages to its employees that benefit working mothers. The ABC Company offers all of its employees time off from work for family matters. And the XYZ Company offers its employees Rs.15, 000 in Education/Medical for their children along with salary.
While sharing the views at a press conference the directors of winning companies said, “three decades ago, in our organizations the employees were predominately males but today the work force is not that homogeneous. It comprises of more females than males which made us realized that the way we have treated workers with children in the past and the benefits we offered them, may no longer meet their current needs. Family life is important to our workers and, in many cases, will win out in the decision of career versus family. That’s why we decided to be responsive to the female workforce requirements. We also believe that one way to successfully compete is to meet the worker’s individualized needs.”
REQUIREMENTS:
1. Analyze the family-friendly benefits offered by both companies. Discuss with solid arguments which company’s benefits are better for the employees.
2. Suppose in both companies 50% employees are unmarried/without childreni.e. half of the employees can not avail these benefits. Is there any motivational impact on those employees who do not avail these benefits? Explain briefly.