Corporate Culture of Fedex Essay Example
Corporate Culture of Fedex Essay Example

Corporate Culture of Fedex Essay Example

Available Only on StudyHippo
  • Pages: 2 (393 words)
  • Published: December 9, 2017
  • Type: Case Study
View Entire Sample
Text preview

That’s means they take care of their staff so that they can deliver impeccable service to their clients who will give them the profit necessary and to be successful. This philosophy governs every FedEx activity. They honor innovation, integrity and commitment. They have many formal policies, procedures, and programs to bring out the best in their staff, individually and in teams. FedEx is looking for talented people that share the basic qualities of honesty, enthusiasm, creativity and respect for co-workers and customers.

As FedEx has grown into a global company, a culture has developed the fullest potential of employees with FedEx. FedEx has led the industry in creating employee-focused programs to promote positive internal communications and staff development. Below are some of the key programs offered to their employees:

  • Promotion From Within Policy – allows employees to be considered first for open positions.
  • Open Door Procedures – allows employees input to b
    ...

    e received and considered by management

  • Guaranteed Fair Treatment – assures any employee to offer feedback on the effectiveness of management.
  • G. O. L. D. (Growth, Opportunity, Leadership & Development) Program – provides an in-house management development program Besides, FedEx also attach importance to the employee’s compensation and Rewards. Compensation and Rewards is a combination of pay programs, benefit plans and quality of work/life programs.

    Employee compensation is structured to acknowledge individual effort, stimulate new ideas, encourage outstanding performance, and promote teamwork. All of these factors are reflected in the employees’ compensation and rewards. These programs include:

    • Salary Increases – salary increase based on individual performance
    • Variable Pay – incentives to reward individual and team contribution
    • Tuition Assistance – subsidy for continuous learning and education
    • Pay Tim
View entire sample
Join StudyHippo to see entire essay

Off and Vacation – paid leave for marriage, maternity, paternity, etc.

  • Employee Provident Fund – financial security in retirement
  • Health Insurance – health care
  • Life and Accidental Death Insurance- financial protection for beneficiaries
  • Reduced Shipping Rate – exclusive discounts for personal shipping
  • Discounted Travel – discounts on air tickets and many special Awards to recognize employees performance:-
  • Bravo Zulu – award for outstanding performance beyond normal job expectations
  • Purple Promise Award – award for exceptional customer service
  • Humanitarian Award – recognition for human welfare above and beyond work or community standards
  • Five Star Award – the highest award for enhancing service, profitability, and the spirit of teamwork They strive to be the best company to work for with the best service and best brand in their industry.
  • Get an explanation on any task
    Get unstuck with the help of our AI assistant in seconds
    New