Fortune, Companies, Management, and HR

Hello everyone!

I have been researching and understanding more about companies HR practices and management compared to what employees say about the company and have some interesting findings. The following companies I studied more in depth from Fortune 100 Best Companies to work for 2020 to understand how they practice HR and I would like to share them. 

#9 American Express

This financial services and insurance company has a high percentage of employees that claim it is a great place to work compared to a typical U.S. based company. It is said that management is honest, lets employees take time off from work when necessary, and is ethical in its business practices. 

#12 The Cheesecake Factory Incorporated

The large hospitality company is known to take care of its people with a welcoming environment. The employees here say that they feel that they are treated well and can also take time off when necessary. 

#20 CarMax

A large retail company of automobiles is said to be a great place to work compared to a typical U.S. based company. This company excels in making employees feel welcomed and treated as a member. It is also said by employees that management is honest and ethical.

After observing what employees say about companies, it gives me a better understanding of what employees look for in a company and what they value most. I noticed that “people” was one of the largest attributes that employees mentioned about the companies they worked for. When thinking about what I’d like to be like as a manager, considering employees and their needs is very important. Evidence- based human resource management is a useful resource for companies to reevaluate their company’s culture and connect it to employee retention rates. 

Sources: 

Breitfelder, M. D., & Dowling, D. W. (2008). Why did we ever go into HR? In Harvard business review (Vol. 86, Numbers 7–8, pp. 39-). Harvard Business School Publishing Corporation.

Fortune 100 best companies to work for® 2020. Great Place To Work®. (n.d.). https://www.greatplacetowork.com/best-workplaces/100-best/2020