Corporate responsibility is to make money for the share holder, but to make monies and last there has to be concern for the public, the employee and the employee’s family
When a corporation look for employees, they look for recruitment and retention.
When a person looks for employment, they will look for fair competitive wages, health and dental benefits and an excellent retirement plan.
George B Bartley, MD CEO Mayo Clinic Jacksonville said in an article “using employers as the primary provider of health insurance is unsustainable. Every year, fewer employers offer insurance benefits and those that do are offloading cost to employees.” (May 15, 2008
Florida Times-Union editorial)
As an employee we expect the corporation to investigate and provide the most cost efficient and reliable benefits available.
An employee looks at the choices and information as truth.
It is expected the corporate management to be accountable and committed to the employees.
During office meeting or corporate meetings it is expected the questions asked and answered are up front and correct. It is based on that information an employee can make a sound decision that not only affects the employee but the employee’s family.
When corporate management says the corporate financial statement, stating the financial standing of the company, is available to the employees. The employee expects honesty and the statements to be true.
Mayo clinic’s paraphrased mission statement says
Provide the best service to all patrons, the needs of the patron comes first
Provide a competitive genre of opportunities for advancement
Use Education to assist and encourage further growth in the field that would advance the company. Encourage diverse community treatment with dignity and respect.
Educate and encourage support for the communities affected by corporate existence… (Mayo’s Mission
Mayoclinic.org)
Benefits, bonuses and recognition cause retention. Atmosphere and honesty produces loyalty to the company. If the corporation wants high quality recruitment and long lasting retention the corporation not only has to be concern for the bottom dollar ($) line but also for the employee and the employee’s family welfare and well being.
Thursday, May 29, 2008
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2 comments:
Good job. The bottom line as well as fair treatment of employees are what a corporation owes the public and it's workers.
Good post. I liked the comment "It is expected the corporate management to be accountable and committed to the employees." Without commitment to employees, how can corporations expect employees in turn to remain loyal and committed? Committed employees are the one's a corporation can count on thus maintaining higher retention and less turn over.
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