Wal-Mart Stores, Inc. is the world’s largest retailer, with almost 4,000 stores in the United States and more than 2,000 more across Europe, Asia, South America, Mexico and Canada. Along with its success, Wal-Mart also became the leading employer in the U. S. in 1997, with 680,000 employees all over the country; and as of 2008, the company employed 1. 9 million workers across the globe. Moreover, Wal-Mart offers its employees numerous opportunities to pursue their goals. In view of these, Wal-Mart Stores, Inc.
is not only focused in doing retail business, but also of growing and keeping talent within its organization. Traditional HRM Functions of Wal-Mart Any person interested in submitting an application to Wal-Mart Stores can start the process online at Walmart. com/apply. Wal-Mart’s HRM officials begin to call applicants into their respective office for interview and from there will usually work on hiring applicants for around six weeks (Garry, 2009). Likewise, applicants can also begin the application process by registering with the computers found in every Wal-Mart centers.
I. Selection Wal-Mart is dedicated to diversifying its personnel by aggressively recruiting talent from universities and colleges with large populations of diverse students, including many colleges with a high Hipic representation, historically black universities and colleges, and women’s colleges (Vault, 2009). In recent years, Wal-Mart has become the top employer of Hipics and African-Americans in the United States and, as such, was named one of the Top 50 Companies for Diversity list in 2005 by the Diversity Inc. II. Training
Wal-Mart provides all of its Associates with growth opportunities by giving them with up to date training resources to help them attain their career goals. Wal-Mart has several training tools in place that keep the company ahead of the competition, including skills assessments, satellite broadcasts, mentor programs, corporate intranet sites, distance learning, computer-based learning, classroom courses, and job notices (Vault, 2009). III. Evaluation Wal-Mart’s evaluation of employees performances are based on conflict, ethics and motivation is very professional and scientific.
It has a high employee recognition in view of the fact that senior level workers are exclusively promoted within the organization. Accordingly, Wal-Mart has grown into one of the largest, most famous and well-managed companies of the world. IV. Compensation and Benefits One of the key factors in Wal-Mart’s success is its committed and dedicated workers. Although the salary for its full-time employees is $6 to $7. 50 an hour for 28-40 hours a week, which is the average in retail business; the employees are, nevertheless, remunerated with a generous profit sharing and bonus plan that is unequaled (PBS, n.
d. , p. 1). Wal-Mart employs profit sharing, which gives its employees the chance to obtain company stock. International HRM Strategies Wal-Mart Stores Inc. has made use of PeopleSoft 8 Human Resources Management Systems (HRMS) in its international operation (Find Article, 2001, p. 1). Accordingly, Wal-Mart Stores administer its international workforce of over one million associates through pure Internet solution. The PeopleSoft 8 HRMS applications modernize Wal-Mart’s HR business processes and provide better accessibility to employee information. Conclusion Wal-Mart is beyond doubt a great organization.
It has achieved outstanding growth rates, ultimately making them the largest private employer in the United States. Wal-Mart’s overall influence on the retail industry and employee management has changed the way the industry is conducted both locally and globally. Without a doubt, Wal-Mart has become the symbol of the American employer of the 21st century. References Find Articles. (2001, August 6). Wal-Mart to implement HR system-PeopleSoft 8 Human Resources Management Systems – Brief Article. Retrieved June 29, 2009, from http://findarticles. com/p/articles/mi_m0FNP/is_15_40/ai_77106147/? tag=rbxcra. 2.
a. 44 Garry, A. (2009, February 11). New Wal-Mart begins hiring process today. The University Daily Kansan. Retrieved June 26, 2009, from http://www. kansan. com/stories/2009/feb/11/new_walmart/ Public Broadcasting Service. (n. d. ). Business Practices. Retrieved June 26, 2009, from http://www. pbs. org/itvs/storewars/stores3. html Vault. (2009). Your Career at Wal-Mart Stores Inc. Retrieved June 26, 2009, from http://www. vault. com/wps/portal/usa/companies/company-profile? companyId=1154;WCM_GLOBAL_CONTEXT=/wps/wcm/connect/Vault_Content_Library/companies+site/companies/parent_wal-mart+stores++inc. /wal-
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