(Team 4)
Worker Retentions Program
Waiwah Ellison
Norma Gladhill
Daniel Lewis
Rachel Luce
Angelica Player
Lori Ruskey
Abstract
All organizations want to see an increase in productivity and a positive impact on the bottom line. Successful organizations realize employee retention and talent management is integral to sustaining their leadership and growth in the market place. The focus of this group project is on worker retention strategies. Worker retention strategies are programs designed to preserve existing quality workers by providing benefits and incentives. These benefits and incentives are provided to employees in various ways. Our group chose to explore six organizations …show more content…
FEDEX
The United Parcel Service (UPS) was founded in 1907 as a messenger company in the United States. They have grown into a $30 billion corporation by clearly focusing on global commerce. Today, UPS is one of the most and admired brands in the world. They are the worlds largest package delivery company. UPS services more than 200 countries and territories worldwide.
To retain a top-notch workforce in an increasingly competitive labor market UPS found that their original benefits package was not enough. The starting pay of $8.50 plus health coverage and two weeks vacation needed to be stronger to maintain the ranks of more than 138,000 troops. So the delivery giant borrowed strategy from the U.S. armed forces. They began offering tuition and other financial assistance to recruits willing to signup with the company and work their way through college. Rick Boheler, HR director has stated that this strategy has helped UPS attract people who otherwise would not want to work for them.
UPS believes this is what helps with their employee retention. By offering better benefits and being able to also offer a college education. They pride themselves in trying to please their employees and make things easier and more comfortable by working for …show more content…
Since the program began in 1998, more than 2,000 students have enrolled. Metropolitan College offers free tuition, housing and books for students who also work part-time at UPS. Metropolitan College is a UPS one-of-a-kind employment initiative aimed at retaining good employees. They were named the top workforce-training program in the country by Business Facilities magazine. The development of Metropolitan College was a strong determining factor in UPS decision to invest in the Louisville airport hub. The moment you are hired they are offer flexible work schedules along with