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Introduction:
Nestle S.A. is the largest nutrition and Foods Company in the world. Founded and headquartered in Vevey, Switzerland. It can trace its origins back to 1866, when the first European condensed milk factory was opened in Cham, Switzerland, by the Anglo-Swiss Condensed Milk Company. One year later, Henri Nestle, a trained pharmacist, launched one of the worlds first prepared infant cereals Farine lactee in Vevey, Switzerland. A global market leader in many product lines, including milk, chocolate, confectionery, bottled water and pet food. Company name Industry Headquarters Company type Key persons Products : Nestle : Food Processing : Vevey, Switzerland : Multinational Company : Peter Brabeck-Letmathe (chairman), Paul Bulcke (CEO) : Baby foods, coffee, dairy products, breakfast cereals,
confectionery, bottled water, ice cream, pet foods . Revenue Operating income Profit Total Assets Total Equity Employees : : 83.64 billion (2011) 12.53 billion (2011)
: 3,28,000(2012)
History:
Nestle was formed in 1905 by the merger of the Anglo-Swiss Milk Company, established in 1866 by brothers George Page and Charles Page, and Farine Lacte Henri Nestl, founded in 1866 by Henri Nestl. The company grew significantly during the First World War and again following the Second World War, expanding its offerings beyond its early condensed milk and infant formula products. The company has made a number of corporate acquisitions, including Crosse & Blackwell in 1950, Findus in 1963, Libby's in 1971, Row tree Mackintosh in 1988 and Gerber in 2007. Nestl has a primary listing on the SIX Swiss Exchange and is a constituent of the Swiss Market Index. It has a secondary listing on Euro next. In 2011, Nestl was listed No. 1 in the Fortune Global 500 as the world's most profitable corporation. With a market capitalization of $ 200 billion, Nestl ranked No. 13 in the FT Global 2011.
HR activities at Nestle:
Recruitment: The current report is that innumerable employees are engaged in Nestle, Nestle hires most of the employees through a method. An opportunity of employment comes when some employees want to resign or there is an urgent need. But in case of these three situations the head of the department must have to obtain consent of the managing Director (MD). The Divisional Head fills up a Recruitment and Budgeted Form if the request is approved. Performance Appraisal: The corresponding manager or supervisor evaluate or Judge the Job performance of an employee by a method like performance appraisal, employee appraisal, and performance review or development discussion. The employees are given importance at their work place as the Nestle Company is absolutely dependent on the quality of its employees performance. The company pays incentives to its employees to encourage them to give better performance. Compensation Benefit: Compensation is a main thing of Nestle Real Rewards package, which forces the top performers to give their best. The philosophy of Nestle is to afford and keep up disciplined compensation programs that keep up a long term relationship with employees at the time of judging their performance. Nestle promise to offer compensation packages including base pay, short and long term incentives and benefits,. Nowadays they are competitive in market.
Lead to win:
Has built credibility as a result of coherent action, leadership and achievement. Believes in the importance of alignment and management of expectations. Has a broad interest, a good general education, responsible behavior as well as a balanced lifestyle.
We develop an efficient injury management system which helps the affected employees return to work. We supply information, provide training to employees and contractors to make them aware of their roles and responsibilities in decreasing the risk of work place injury or illness.
We are encouraged a safety and Health management from our suppliers and contractors. We discuss on Health and safety matters with employees and other stakeholders.
HRM Models:
The source approach to HRM gives importance on an employee to be resourceful who increases performance by using motivation, communication, leadership to increase commitment and loyalty. The soft model considers that if satisfaction is increased it
will be the only way to go about in the management against various estimated methods possibly used in the hard model.
Formal assessment of Nestle is done once a year on a standard basis. It gives feedback on past performance and future potential. Other related aspects concerning a staff members performance are provided feedback.
Performance Management:
The function of performance management is to ensure the fulfillment of goals in an effective and efficient manner. Moreover, it watches performance of organization and process of production, employees etc.
Some training programs improve the language skills of the employees. These programs also try to consolidate corporate cohesion as well as to promote networking throughout the group. They develop and share best practices of the different management disciplines practiced in the group.
and Job enlargement, to motivate employees and to break the monotony of their Job tasks. An example of Job enlargement is the correspondent who acts both in sales and brand management department.
Bibliography:
http://www.scribd.com/doc/57021171/Organizational-Culture http://en.wikipedia.org/wiki/Nestl%C3%A9 http://www.slideshare.net/ramtinreza/important-of-human-resourcemanagement-nestle http://www.nestle.com/AssetLibrary/Documents/Jobs/HumanResourcesPolicy.pdf