IS351 Recruitment and Retention Strategies
IS351_Recruitment_and_Retention_Strategies
Research recruiting and retention strategies at three different companies. What distinguishes one company from another in this area? Are strategies such as signing bonuses, tuition reimbursement, and business casual dress codes standard for new information technology workers? What strategies appeal most to you? Summarize your ideas in a two-page paper, citing at least three references.
The first company I looked at was Johnson & Johnson. This company has diverse demographics in its workforce and management and has superior work/life benefits, including: retirement transition; paid time off for volunteering; a work/life resource and referral program; eldercare and adult-management services; childcare discounts, onsite daycare, resources for parenting and health-risk assessments and referrals. Some other benefits include flexible hours, onsite religious accommodations, subsidized membership in wellness/fitness facilities, a caregiver web site, an eldercare program, and college webinars and counseling. The second company was Bank of America. It is a longtime leader in recruitment and retention, especially of women and LGBT employees. The bank has always been a trendsetter in work/life policies, and its current roster of benefits includes retirement transition, paid time off for volunteering/community outreach/professional activities, onsite religious accommodations, reimbursement for both formal and informal childcare expenses, tuition reimbursement, a commuter benefit program, and free and confidential referrals for dependent-care needs. The last company I researched was PricewaterhouseCoopers (PwC). This is an extraordinary company. Diversity Inc refers to PricewaterhouseCoopers (PwC) as being at the cutting-edge at Diversity management. PwC firm has excellent employee retention and is a leader in the types of benefits it offers employees, especially in increasing the ability for people at all stages of life
Research recruiting and retention strategies at three different companies. What distinguishes one company from another in this area? Are strategies such as signing bonuses, tuition reimbursement, and business casual dress codes standard for new information technology workers? What strategies appeal most to you? Summarize your ideas in a two-page paper, citing at least three references.
The first company I looked at was Johnson & Johnson. This company has diverse demographics in its workforce and management and has superior work/life benefits, including: retirement transition; paid time off for volunteering; a work/life resource and referral program; eldercare and adult-management services; childcare discounts, onsite daycare, resources for parenting and health-risk assessments and referrals. Some other benefits include flexible hours, onsite religious accommodations, subsidized membership in wellness/fitness facilities, a caregiver web site, an eldercare program, and college webinars and counseling. The second company was Bank of America. It is a longtime leader in recruitment and retention, especially of women and LGBT employees. The bank has always been a trendsetter in work/life policies, and its current roster of benefits includes retirement transition, paid time off for volunteering/community outreach/professional activities, onsite religious accommodations, reimbursement for both formal and informal childcare expenses, tuition reimbursement, a commuter benefit program, and free and confidential referrals for dependent-care needs. The last company I researched was PricewaterhouseCoopers (PwC). This is an extraordinary company. Diversity Inc refers to PricewaterhouseCoopers (PwC) as being at the cutting-edge at Diversity management. PwC firm has excellent employee retention and is a leader in the types of benefits it offers employees, especially in increasing the ability for people at all stages of life
References: http://www.diversityinc.com/pricewaterhousecoopers/ http://diversityinc.com/2012-diversityinc-top-50/the-2012-diversityinc-top-10-companies-for-recruitment-retention/ http://www.strategicdiversity.com/Diverse_Company_Profiles_johnson_&_johnson.htm http://diversityinc.com/diversity-and-inclusion/the-diversityinc-top-10-companies-for-recruitment-retention/