StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Human Resource Management (COSTCO) - Research Paper Example

Cite this document
Summary
“Were a membership warehouse club, dedicated to bringing our members the best possible prices on quality brand-name merchandise.” (Costco Asia Home) - This quoted statement as given by Costco Wholesale Japan, Inc and Costco Wholesale Corporation. But is this sufficient to…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92% of users find it useful
Human Resource Management (COSTCO)
Read Text Preview

Extract of sample "Human Resource Management (COSTCO)"

Download file to see previous pages

Outside US it operates in the UK, Japan, South Korea, Australia, Taiwan, Canada and Mexico. The company is undeniably the leader in its field. It is very strict to maintain its quality in every dimension of its business and always give value to its business policies and ethics. Though it is a big company with a great international business expansion, it still has maintained a healthy, cultural and homely work environment, which is very essential for the flourish and success of its employees. The company gains through its employees through “a loyal, productive and efficient cadre of employees” (American Rights at Work) The compensation package including the benefits have been negotiated such that they are positioned to the best in the business.

All these factors have worked to make the company to be identified as one of the top three company of Washington as declared by the Washington CEO Magazine. (Did you Know?). The paper analyses the role of the compensation structure provided to the employees towards its betterment and current state of flourish. It is well known that COSTCO provides great benefit and very liberal compensation to its employees. A cashier of the company having work experience of four years earn above $40,000 along with all the other benefits in the company.

Beside the benefits such as medical allowance, disability, dental check up facility etc., the person can also take a part in the 401K program of the company and can buy the stock options. If we minute analyze these benefits we can notice that these benefits are almost the top in the industry. If we compare the company with its counterpart in the industry Wal-Mart, we see that both these two companies follow the price oriented sales policy as their strategy. But when the Wal-Mart is highly criticized for its low pay and benefit strategy to its employees, the COSTCO is appreciated

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Human Resource Management (COSTCO) Research Paper”, n.d.)
Retrieved from https://studentshare.org/miscellaneous/1565963-human-resource-management-costco
(Human Resource Management (COSTCO) Research Paper)
https://studentshare.org/miscellaneous/1565963-human-resource-management-costco.
“Human Resource Management (COSTCO) Research Paper”, n.d. https://studentshare.org/miscellaneous/1565963-human-resource-management-costco.
  • Cited: 1 times

CHECK THESE SAMPLES OF Human Resource Management (COSTCO)

History and Development of Human Resource Management

The paper "History and Development of human resource management" states that an HR manager deals with people from different cultures thus have to understand the cultures and laws of those countries so as to be able to attract and retain talented employees and to avoid lawsuits which are costly.... History and Development of human resource management Personnel management can be traced back to the time of Hammurabi, the king of Babylon who developed a code of laws that set wages for labourers (Bach & Sisson, 2000)....
5 Pages (1250 words) Essay

Internal Analysis and Strengths & Weaknesses for Costco in US

Internal Analysis and Strengths & Weaknesses for costco in US Name Institution costco is a multinational company with branches all around the world.... Discussed below is an internal analysis of costco US branch, which entails the organizational, human resources and Corporate Social Responsibility (CSR) sectors (Quintanilla, 2011).... Firstly, costco US' organizational structure experienced a dramatic change when its depot restructured its working hours by reducing them from 16 to 9 operational hours a day....
3 Pages (750 words) Research Paper

Costco Collaboration Manager (CM) Interview Analysis

Name Tutor Course Date: costco Collaboration Manager (CM) Interview Report Description Story of the organization costco Wholesale Corporation is ranked among the top 5 retailers in the United State in 2012 and seventh largest in the world.... costco's main competitors operating membership warehouses are Sam's club and BJ's wholesale club.... hellip; Although Sam's club operates more warehouses than costco, costco has higher total sales volume....
6 Pages (1500 words) Essay

Human Resource Management - Stress and Burnout

human resource management: Stress and Burnout Name: Institution: Introduction Human resources are one of the most vital resource in the production process.... The human resource management us the department directly involved with the management of employees and therefore ensures that all the employees in the organization stay relevant to their objectives thereby earning the firm the profits for which the employees are often hired.... The human resource manager should ensure that the employees are in the right mental state to sustain the profitability dictates of the organizational objectives....
5 Pages (1250 words) Essay

Human Resource Management in Global Economy

The role of the human resource management in today's global economy is ever changing with the rapid change in competitive market environment and the realisation that human resource management must play a more strategic role in the success of any business enterprise.... In order to succeed, human resource management must be a business-driven function with a clear understanding of the organisation's ultimate goals and be able to influence essential decisions and policies of the organisation....
9 Pages (2250 words) Essay

Issues in Human Resource Management of Costa Coffee

Three areas of focus of Costa Coffee have been selected for the report: why training leads to better outcomes, employee engagement, commitment, and negative behavior.... It is imperative to understand what training, employee engagement and negative behavior mean in relation to the organization.... nbsp;… The organization chosen for analysis is Costa Coffee, which is the leading coffee franchise in the United Kingdom with over 1,375 outlets around the country....
11 Pages (2750 words) Assignment

What Makes Cotsco the Best Place to Work and Why

In initial years the firm… costco Wholesale Corporation at early stage confined its business operations to specific regions in United States.... However in current scenario the firm posses a total of 671 warehouses and has extended its business operations costco operates in an industry which is highly dominated by other players.... On the basis of figure 1 it can be denoted that costco occupies a certain portion of overall sales margin but maximum sales percentage is acquired by Walmart....
5 Pages (1250 words) Research Paper

Industrial Psychology: Costco

In the paper “Industrial Psychology: costco” the author analyzes the corporate culture at costco, which has always been exceptional.... costco, right from the beginning of its existence has emphasized a culture of inclusion (Gerston).... costco believes that employees are its biggest ambassadors.... costco does every bit on its part to provide the employees with the highest level of satisfaction at work....
5 Pages (1250 words) Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us