Marks And Spencer Analysis Essay Example

are not growing. Moreover, human resource management has served as a source of motivation for employees who have devoted their abilities and strength towards the success of the organization. Consequently, the organization has a responsibility to provide better treatment and encouragement to its employees. The role of human resource managers has a consequential impact on employee satisfaction and performance.

Human resource managers need to seek convenient, cost-effective, and appreciated methods of motivation to establish a dynamic, committed, and productive workforce that yields higher profitability for the organisation. In amidst ever-changing market conditions and steep competition, companies depend on employees to stay abreast. To gain a competitive edge, businesses are enhancing their employee benefits, motivation and compensation strategies to boost morale. A successful example of effective motivational tactics can be seen in the Coca Cola Company.

It is the norm for most employees in this company to receive a minimum of thirty days of annual leave per year, which is spread out across the year for all employees. The company also provides training opportunities for junior employees, in addition to competitive salaries (top managers earning approximately $13,000). This approach has led to the company's growing global presence over the past decade. It is evident that companies who adopt this human resource strategy to boost their performance achieve significant benefits.