Corporate Social Responsibility Plan
RUNNING HEADER: Corporate Social Responsibility Plan
Corporate Social Responsibility Plan
CM225-23
MEMORANDUM
Thank you for allowing a platform for me to provide evidence as to why the implementation of a Corporate Social Responsibility Plan would be beneficial to Geometric. The information that follows provides information and examples of CSR plans. There is evidence to support the cost effectiveness of these plans.
If you have any questions or concerns about any of the information provided, I would be happy to address these at your convenience. .
Adopting a strategic Corporate Social Responsibility plan provides a business opportunities and possibilities for business growth, attracting employees and maintaining employee retention. By making significant contributions to the communities in which they operate organizations can contribute to the growth of society.
Implementing a CSR plan involves taking on responsibility above and beyond the business economics and to exceed law requirements. CSR programs showcases a company has responsibilities beyond generating profits for their shareholders.
Google is listed as one of FORTUNE’s Best Companies to Work For. Eric Schmidt, CEO of Google stated, “The goal is to strip away everything that gets in our employees’ way. We provide a standard package of fringe benefits, but on top of that are first-class dining facilities, gyms, laundry rooms, massage rooms, haircuts, carwashes, dry cleaning, commuting buses – just about anything a hardworking employee might want. Let’s face it: programmers want to program, they don’t want to do their laundry. So we make it easy for them to do both.” Along with basic medical benefits, Google offers unique benefits to their employees. Google offers Take-Out Benefits, allowing new parents to expense up to $500 for take-out meals during the first 3 months at home with their new baby. They also have a Gift Matching Program, matching donations up to $3000 per year from
Corporate Social Responsibility Plan
CM225-23
MEMORANDUM
Thank you for allowing a platform for me to provide evidence as to why the implementation of a Corporate Social Responsibility Plan would be beneficial to Geometric. The information that follows provides information and examples of CSR plans. There is evidence to support the cost effectiveness of these plans.
If you have any questions or concerns about any of the information provided, I would be happy to address these at your convenience. .
Adopting a strategic Corporate Social Responsibility plan provides a business opportunities and possibilities for business growth, attracting employees and maintaining employee retention. By making significant contributions to the communities in which they operate organizations can contribute to the growth of society.
Implementing a CSR plan involves taking on responsibility above and beyond the business economics and to exceed law requirements. CSR programs showcases a company has responsibilities beyond generating profits for their shareholders.
Google is listed as one of FORTUNE’s Best Companies to Work For. Eric Schmidt, CEO of Google stated, “The goal is to strip away everything that gets in our employees’ way. We provide a standard package of fringe benefits, but on top of that are first-class dining facilities, gyms, laundry rooms, massage rooms, haircuts, carwashes, dry cleaning, commuting buses – just about anything a hardworking employee might want. Let’s face it: programmers want to program, they don’t want to do their laundry. So we make it easy for them to do both.” Along with basic medical benefits, Google offers unique benefits to their employees. Google offers Take-Out Benefits, allowing new parents to expense up to $500 for take-out meals during the first 3 months at home with their new baby. They also have a Gift Matching Program, matching donations up to $3000 per year from
References: Baue, W. (2002, April 29). Good Corporate Citizen. Retrieved August 22, 2010, from Good Corporate Citizen: http://www.goodcorporatecitizen.com Capriotti, P. &. (2007). Public Relations Review. Science Direct , 84-91. J.P. Morgan Chase & Co. (2004). 2003 Community Partnership Report. J.P. Morgan Chase & Co. McGuire, J. B., Sundgren, A., & Schneeweis, T. (1988). Corporate Social Responsibility and Firm Financial Performance. The Academy of Management Journal, Vol. 31, No. 4 , 854-872. Unknown. (2008, February 4). 100 Best Companies to work for. Retrieved from CNN Money.com: http://money.cnn.com/magazines/fortune/bestcompanies/2008/full_list/index.html