Identify the Alternatives and Benchmarking Validation
Alternative A is to implement a company wide intranet that will support all departments and company communication. Benchmarking: Whirlpool:
In an effort to retain employees and boost morale, Whirlpool Corporation is providing its associates with internal-mobility programs. Whirlpool is seeing that the trend in the employee market is shifting and that employee retention is becoming a major issue. Whirlpool has implemented an electronic access program to its employees that allows them to apply for internal positions online. This program provides more opportunity for growth and larger compensation packages. "Like a growing number of companies that are giving their internal-mobility programs a much-needed boost in an effort to retain and groom top talent, Whirlpool has made it simpler for employees to access job openings. Now, with a keystroke, employees can retrieve a list of jobs that match their background and apply for jobs online." (Workforce Management 2004)
Whirlpool also uses the recruitment tool to request employees to self evaluate. "Employees at Whirlpool create profiles that detail their skills and interests for their next ideal position." (Workforce Management 2004) Application of such tools allows employees to feel self-worth and retention is reduced in the workforce. "Employee turnover is low at Whirlpool-less than 5 percent-but the key to retaining employees is helping them plan and advance their careers, and this tool allows them to do that." (Workforce Management 2004)
Whirlpool employees are sustaining their employee morale even when the company may be going through significant changes. The organization is constantly transforming but allowing new opportunities for its associates. A re-org ...