HR Management: How the Fortune Best Companies to Work for Implement Effective HR Practices
Three companies from the 2023 Fortune Best Companies to Work For that stand out in terms of their human resource (HR) practices are Hilton, Salesforce, and Edward Jones. According to employee feedback, these companies prioritize their employees’ well-being, foster a positive work culture, and provide ample opportunities for personal and professional growth across all professional level from beginner all the way to the top.
Hilton’s employees praise the company for its comprehensive benefits package, including flexible work arrangements, parental leave, and employee discounts on hotel stays. Additionally, Hilton invests in its employees’ development by providing extensive training and leadership programs, which aligns with the principles of evidence-based management discussed in the readings. By providing employees with the tools they need to succeed, Hilton ensures that its human talent is used effectively and efficiently to achieve organizational goals.
Salesforce is another company that emphasizes employee well-being and career development. Its employees appreciate the company’s strong commitment to diversity, equity, and inclusion, as well as its focus on work-life balance. Salesforce also provides extensive training and development opportunities, including a robust mentorship program, which supports employees in their professional growth.
Edward Jones, a financial services company, is known for its positive work culture, which fosters a sense of belonging and community among its employees. The company prioritizes employee feedback, regularly conducting surveys to assess employee satisfaction and using that feedback to make improvements. Edward Jones also invests in its employees’ development, providing comprehensive training and support for professional growth.
As a future manager, I aspire to create a work environment that prioritizes employee well-being, promotes growth, and overall makes a company successful. I believe that the HR functions and activities discussed in the lectures and readings, such as performance management, feedback, and recognition, will play a crucial role in achieving these goals. As a manager, I will need to ensure that I provide my employees with the necessary resources and support to succeed, while also addressing any potential challenges that may arise, such as conflicts or performance issues and providing solutions on how to solve these issues.
Overall, the HR practices of companies like Hilton, Salesforce, and Edward Jones demonstrate the importance of investing in employees’ development, prioritizing their well-being, and fostering a positive work culture. As a future manager, I will need to emulate these practices and prioritize HR functions and activities that promote employee growth, feedback, and recognition, while addressing any challenges that may arise.
“Edward Jones Named a Best Workplace in Financial Services and Insurance.” Edward Jones, https://www.edwardjones.com/us-en/why-edward-jones/news-media/press-releases/fortune-2022-best-workplaces#:~:text=The%20Best%20Workplaces%20in%20Financial,a%20great%20place%20to%20work.
“Join the Fortune 100 Best Companies to Work for®.” Great Place To Work®, https://www.greatplacetowork.com/best-companies-to-work-for.
Work, Great Place to. “Working at Salesforce.” Great Place To Work®, https://www.greatplacetowork.com/certified-company/1000226.