Fill in Order Details

  • Submit paper details for free using our simple order form

Make Payment Securely

  • Add funds to your account. There are no upfront payments. The writer will only be paid once you have approved your paper

Writing Process

  • The best qualified expert writer is assigned to work on your order
  • Your paper is written to standard and delivered as per your instructions

Download your paper

  • Download the completed paper from your online account or your email
  • You can request a plagiarism and quality report along with your paper

The Senior Vice President of Human Resources has just informed you that she would like for you to research various HRM practices of Fortune 500 companies. This research will be presented to the board of trustees next month. They want to review other company’s best practices to help them realign their strategic initiatives. In organizational studies, the process of reviewing other organizations’ best practices and adapting them to one’s own organization is called “benchmarking.”

The Senior Vice President of Human Resources has just informed you that she would like for you to research various HRM practices of Fortune 500 companies. This research will be presented to the board of trustees next month. They want to review other company’s best practices to help them realign their strategic initiatives. In organizational studies, the process of reviewing other organizations’ best practices and adapting them to one’s own organization is called “benchmarking.”

Begin by identifying 2 organizations listed in the current Fortune 500. Once you have identified those companies, research best practices used by those organizations, paying particular attention to these HRM functional areas:

  • Recruitment
  • Training & Development
  • Employee/Labor Relations
  • Performance Management
  • Compensation & Benefits

Research hints… 

In addition to searching for the specific organization’s name “and best practices” or “best HRM practices,” you might find it helpful to search for the specific organization name “and recruitment.” “Specific organization name and training & development,” and so forth.  For example, if CVS is one of your organizations, search terms could include:

  • CVS and best practices
  • CVS and best HRM practices
  • CVS and Recruitment
  • CVS and Training & Development
  • CVS and Employee Labor Relations
  • CVS and Performance Management
  • CVS and Compensation
  • CVS and Employee Benefits

You can follow the above search patterns for the other organizations you select.

As a result of your research, you should synthesize at least two best practices for each of the HRM functional areas.

To begin your paper, provide a summary of key details about the organizations you are using to benchmark HRM best practices. Who are the organizations? What do they do? Why are they a good candidate for benchmarking? This section of your paper only needs to be a paragraph or two.

For the next section of your paper, evaluate the pros and cons of the best practices you have benchmarked in each functional area. For example, if CVS uses external recruitment, what are some advantages and disadvantages of external recruitment? This should be synthesized from our textbook and lecture readings. As a guide, your evaluation of best practices in each functional area should be 1 to 2 pages.

For the final section of your paper, justify the top best practices recommendation in each HRM functional area that you will make to the board of trustees.  What type of recruitment, training, employee/labor relations, performance rewards, and compensation will you recommend based on the best practices of the two organizations presented in your paper?

Hint: Based upon your evaluation of those best practices in the earlier sections of the paper, summarize the key arguments and research support for your recommended practices to justify them to the board. This section of your paper should be 2 to 3 pages in length.

Submission Details:

  • Your report should be an 8 to 10 page paper, written in APA format.   
  • This paper should include citations and at least 5 references in APA format.

*Please use the textbook as one of the references:

Mathis, R. L., Jackson, J. H., Valentine, S. R., & Meglich, P. (2017). Human Resource Management: Study guide. Cengage Learning.

Reviews


Anonymous

Excellent job, received an A+ (96) on the paper. Thank you so much.

Anonymous

On time and beyond the work I expected. Communication is fast and amazing, this is the only writing service I will be using.

Consider Your Assignments Done

“All my friends and I are getting help from eliteacademicresearch. It’s every college student’s best kept secret!”

Jermaine Byrant
BSN

“I was apprehensive at first. But I must say it was a great experience and well worth the price. I got an A!”

Nicole Johnson
Finance & Economics

See Why Our Clients Hire Us Again And Again!

OVER
10.3k
Reviews

RATING
4.89/5
Avg Rating

YEARS
12
Experience

Elite Academic Research Promises You:

Always on Time

If we are a minute late, the work is on us – it’s free!

Plagiarism-free

If the work we produce contains plagiarism we’ll pay out a £5,000 guarantee.

Quality

Providing quality work is core to our beliefs, which is why we will strive to give you exactly that, and more!

Written to Standard

All of our assignments go through a stringent quality checking process from start to finish.

Success Guarantee

When you order form the best, some of your greatest problems as a student are solved!

Reliable

Professional

Affordable

Quick

What our customers say
_____

Writer provided excellent layout and research assistance I needed in order to create my own essay.
Great service fast and friendly. Have used the team more than once for assistance with work of a high standard. Communications have been faultless and everything arriving by promised time line. Will definitely use again ! 5 star
error: Content is protected !!