Human Resource Report for the Coca-Cola Company
The
Coca-Cola Company is the world’s largest beverage company, refreshing consumers
with more than 500 sparkling and still brands. Led by Coca-Cola, the world’s
most valuable brand, the company’s portfolio features 16 billion dollar brands
including Diet Coke, Fanta, Sprite, Coca-Cola Zero, vitaminwater, Powerade,
Minute Maid, Simply, Georgia and Del Valle.
Globally,
the company is the No 1 provider of sparkling beverages, ready to drink
coffees, and juices. Through the world’s largest beverage distribution system,
consumers in more than 200 countries enjoy they beverages at a rate of more
than 1,8 billion servings a day. With an enduring commitment to building
sustainable communities, Coca-Cola is focused on initiatives that reduce its
environmental footprint, support active, healthy living, create a safe,
inclusive work environment for its associates, and enhance the economic
development of the communities where they operate. Together with its bottling
partners, they rank among the world’s top 10 private employers with more than
700,000 system employees Mission
Roadmap starts with the company’s mission, which is enduring. It declares the purpose as a company and serves as the standard against which the company actions and decisions.
- To refresh the world...
- To inspire moments of optimism and
happiness...
- To create value and make a
difference.
- People:
Be a great place to work where people are inspired to be the best they can
be.
- Portfolio:
Bring to the world a portfolio of quality beverage brands that
anticipate and satisfy people's desires and needs.
- Partners: Nurture a winning network
of customers and suppliers, together we create mutual, enduring value.
- Planet: Be
a responsible citizen that makes a difference by helping build and support
sustainable communities.
- Profit: Maximize
long-term return to shareowners while being mindful of our overall
responsibilities.
- Productivity:
Be
a highly effective, lean and fast-moving organization.
Staffing
involves job analysis, human resources planning, recruitment, and selection (Mondy, 2012) .
See
annex 1.
Coca-Cola
Company recruitment process is well established, first of all they gives ads in
news paper, websites and institutes. Once they received an application form
them they asked for C.V and other documents.
The
company uses two ways for recruitment, internal and external recruitment; the
first one is to recruit the people internally within organization, where a job
vacancy is filled from within the business, an existing employee rather than
employing externally, the second one is where to fill the vacancy from any
suitable applicant outside of the organization.
Selection
process will vary depending on the position employee applying for, as one
process can’t fit all the different roles as Coca Cola Company have. They use
different method in this process: interview, group exercise, presentations,
psychometric test, and roles play/situational test (Ameel, 2012) .
Job descriptions
Job
description was defined as a document that state the tasks, duties, and responsibilities
of the job, it should provide concise statements of what employees are expected
to do on the job, how they do it, and the conditions under which the duties are
performed (Froschheiser, 2009) .
See annex 2
Safety and OSHA
The
company have commitment to conducting their business in way that provide all
personal with a safe and healthy work environment. The company features a
Safety management System Standards and supporting requirements for worker
safety and loss prevention known as “The Coca-Cola Safety Management System”
(TCCSMS), which defines their systematic approach to managing occupational
safety and health and loss prevention, it globally operates under the same
standards and requirements.
TCCSMS
is aligned with an internationally recognized safety management system, BSI
OSHA 18001; this requires a commitment to both public safety and to visitors,
it defines a rigorous set of operational controls to manage the known aspects
and risk of all operations, the control generally align with top global
requirements and consensus standards. TCCSMS also establishes an internal audit
process to help us ensure that the company is effectively implementing the
operational controls and management routines.
Employees Compensation and Benefits
(The Coca-Cola Company, 2013) .
The
compensation program is designed to help attract, retain and motivate
employees. In addition to base pay or an
hourly wage, employees may also be eligible to participate in incentive
programs which may reward individual, group or overall company performance.
Eligibility for incentives is based on an employee's role within Coca-Cola
North America Group and other criteria as defined by the incentive plans (Coca Cola North America Group, 2013) .
The
Coca-Cola Company values the health and well-being of their employees and
provides a variety of market-competitive benefits programs to address
employees’ benefits needs. The total benefits package is highly regards and is
designed to meet employees’ basic and life-changing benefits needs. The company
regularly assesses to benefits programs to ensure employees receive those
benefits they value and are provided with diverse options that address the
issues of individuals and families and promote healthy lifestyles.
Coca-Cola
company benefits including health, dental, and life insurance, 401(k), tuition
aid program, flex and summer hour, paid holiday, sick and vacation time, and a
variety of additional employment benefits.
Medical
(including vision), Dental, Accidental Death & Dismemberment, Group Life
Insurance, Dependent Life Insurance, Flexible Spending Accounts, Business
Travel Accident Insurance, Short-Term Disability, Long-Term Disability, Survivor's
Benefits Program and an Employee Assistance Program with confidential
counseling services.
b)
Protection for the Unexpected:
Medical and dental coverage for eligible dependents, including same-sex domestic
Medical and dental coverage for eligible dependents, including same-sex domestic
partners, and on-site
medical services clinic at the Company headquarters office.
employee affinity
groups, a commitment to training, a mentoring program to broaden employees'
network and resources, vacation purchase program, and business casual attire.
d)
Lifestyle:
Adoption assistance and quality-of-life benefits including paid vacation and holidays
Adoption assistance and quality-of-life benefits including paid vacation and holidays
e)
Financial:
- Rewards & Recognition that
include competitive compensation, annual merit review, and equity plans
for employees in specified grade levels and the Red Tag program that
recognizes performance with redeemable points for travel awards or
merchandise.
- Education benefits that include
tuition reimbursement and a renewable undergraduate scholarship fund for
dependents of Company employees.
- Discounts & Conveniences that
include automobile discount plan, employee discount program and, at
Company headquarters office: on-site dry cleaning, cafeteria, credit
union, Company store, concierge services and free parking.
- Retirement Plans, including a
401(k) plan with Company match of three percent and choice of funds and a
defined benefit plan that is entirely funded by the Company.
- Matching Gifts Program up to
$10,000 per participant each calendar year on a 2-for-1 basis.
Employee hiring policies
The
company is committed to providing equality of opportunity in an atmosphere
where excellence is encouraged and rewarded.
In
Coca-Cola North America Group, the path to personal and professional
fulfillment is relatively simple. You can search for positions by location,
area talent and keyword. Once you have explored current vacancies and filled
the company online application, a member of the HR team will review your
information. If there is an opportunity that fits your skills and experience,
the HR team will contact you to proceed with the hiring process. Note that the
staffing process can vary from one place to another. (Coca-Cola
North America Group, 2013) .
Appraisal
of employees involves an assessment of employee performance. It is an
evaluation of how the employee meets their job and personal goals that are set
during performance contracting.
Coca
cola performs performance appraisal annually. This means that employees are
engaged in annual performance contract and the evaluation is carried out after
every 12 months from the date of signing the contract.
The
company performance appraisal is internationally acclaimed and has three processes:
a. Define
job – agreeing with management and subordinate the requirement of the job
b. Appraise
the performance – comparing performance with
the standards set during job definition
c. Provide
feedback – discuss with the employee about performance and progress and make
plans for improvements
Employee relations (The Coca-Cola Company, 2013) .
Working
internationally is challenging for any company considering the diversity that
exist in the world. Coca Cola considers employees as the greatest asset for the
company. Good relationship with employees is therefore seen as bedrock for
company success, also helps to increase employee satisfaction. Employee satisfaction
translates to success for the company because they feel sense of ownership
increased productivity.
Internationally,
the company adopts an open door policy to nurture good relationship. This
policy ensures that there is close working relationship between managers and
employees. Employees feel free to share with managers about their problems. This
has ensured that the company maintains close working relationship between
management and subordinates.
Employee development
The
Company offers a variety of developmental opportunities for their associates,
including Coca-Cola University, a learning program for high performers. Using the
Peak Performance System, performance management and development system, in
tandem with more than 100 global people development forums, associates and
their managers regularly discuss development, movement and succession plans
around the world. (Tha Coca Cola Company, 2013) .
Each
associate brings his or her unique talents and ideas to work every day to help
the Coca-Cola system achieve the goals outlined in our 2020 Vision. Associates
also represent Coca-Cola in their communities and are ambassadors of brands to
the world. Ensuring all associates are happy, healthy and treated fairly and
with respect is at the core of company's business philosophy and success. The
Company strives to create open work environments as diverse as the markets they
serve, where people are inspired to create superior results. Also aim to create
environments where people are fully engaged and where the Company is viewed
both internally and externally as an employer of choice. (Tha Coca Cola Company, 2013) .
References
Ameel, A. (2012, Jan 14). salideshare.com.
Retrieved from Coca Cola Recruitment Proces: http://www.slideshare.net/abidajameel
Coca Cola North America Group. (2013). Coca Cola
Careers. Retrieved from
http://www.enjoycareers.com/en/why-choose/benefits/
Coca-Cola North America
Group. (2013). Coca-Cola Carreys. Retrieved from http://www.enjoycareers.com/en/staffing-process/
Froschheiser, L. (2009). Recruitment Fundamentals. Adhesives
& Sealants Industry, :34-35.
Mondy, R. (2012). The Human Resources Management.
New Jersey: Pearson.
Tha Coca Cola Company. (2013). Coca Cola journey.
Retrieved from
http://www.coca-colacompany.com/our-company/employee-engagement
The Coca-Cola Company. (2013). CocaCola Journey.
Retrieved from
http://www.coca-colacompany.com/our-company/diversity/diversity-education-training
The Coca-Cola Company. (2013). coca-colacompany.com.
Retrieved from http://www.coca-colacompany.com/our-company/
The Coca-Cola Company. (2013). coca-colacompany.com.
Retrieved from http://www.coca-colacompany.com/careers/us-employee-benefits
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