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Summary OMM618 WK 4 assignment.docx OMM618 OMM618: Human Resources Management Week 2 assignment Introduction Human capital is the most important element of an organizations success. Without talented individuals filling critical roles and positions, a comp
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OMM618 WK 4 OMM618 OMM618: Human Resources Management Week 2 assignment Introduction Human capital is the most important element of an organizations success. Without talented individuals filling critical roles and positions, a company or organization cannot grow or expand. With technology ...
omm618 wk 4 assignmentdocx omm618 omm618 human resources management week 2 assignment introduction human capital is the most important element of an organizations success without talented i
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OMM618
OMM618: Human Resources Management
Week 2 assignment
Introduction
Human capital is the most important element of an organization’s success. Without talented
individuals filling critical roles and positions, a company or organization cannot grow or expand. With
technology advancing at a rapid pace, and the use of social and digital media for marketing and recruiting, it
would lead company executives to believe that talent acquisition should be an easy concept. A continuously
developing market will lead to the labor market becoming extremely challenging over the next decade becaus
of absence of skilled laborers (Deeba, 2020). HR commands a diverse number of facets within an institution
ranging from hiring, training, and firing. Understanding data analytics needs to be a key feature of the HR
department because this leads to the understanding of how to retain a talented workforce and gauge employee
requirements to ensure they are filled in the company. The first step in understanding data analytics can
transition into a competent compensation and benefit system, which is to supply the workforce with fair and
just accolades for their work and professional conduct within the organization. Successfulness of a corporatio
is determined by virtue of the workforce. Thus, an attractive compensation and benefits plan can captivate a
high quality
audience of candidates and employees, and allow an organization to keep them long-term. The essay below
will discuss salaries and benefits packages of comparable organizations in the same industry, detail benefits
of the 21st century worker, and how to keep employees engaged.
, Who is this Organization?
Soda has been around for over 250 years and in North America alone, there are over 13 major soda
producers, which contribute to over 800 different varieties of soda soft drinks. Fizz Pop is an up-and-coming
soda producer with about 230 employees, that is sweeping the market with over 20 varieties of fan favorite
sodas such as Mountain Berry, Summer Twist, and Fizz Bomb. A key focus area for our corporation besides
making great tasting soda, is People Operations and Management. Ensuring organization success starts with
three core areas: job satisfaction, compensation, and benefits. Fizz Pop is determined to inspire, challenge and
most importantly invest in our employees to the point where work means more than just a 9 to 5. We are
continually conducting surveys and collecting data to analyze how to make the workplace better through a ful
range of benefits and offering competitive pay. These tactics and techniques are designed to develop our
employees and assist them in building a secure financial future. By, with, and through our employees and the
focus on their needs and satisfaction will ultimately ensure organization success and the ability to stay
competitive in this ever-growing market.
Compare/Contrast of Industry
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