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History of WalMart: Recognition and Reward of Employees

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History of WalMart: Recognition and Reward of Employees
Table of Content
Executive Summary
Introduction
History of Wal-Mart
Recognizing and Rewarding Employees
Labour Relations and Collective Bargaining
Conclusion
Bibliography

Executive Summary

In this paper, I will discuss the company Wal-Mart, which is a worldwide known retailer. I will particularly address two chapters. The first part of the paper will describe the way Wal-Mart’s employees are rewarded and recognized for their work. The second part will discuss the much controverted: labour relations and collective bargaining. First, I start by covering a bit of the history of the company as well as some important dates. Throughout its history, it is possible to see how fast the company grew in terms of stores, employees, and sales. Next, I continue to relate the information I obtained about Wal-Mart to chapter seven in the HRM book, Essentials of Managing Human Resources. This part contains some of the voluntary and financial benefits offered to the employees by the employer and also how employees are evaluated. Afterwards, I create a link with the difficult subject of collective bargaining. I tell one story that actually happened in Quebec, in 2005, about someone who left a mark in the history of Wal-Mart. I also tell the possible reasons why an employer would not want his employees to be unionized. Finally, I conclude my research with my opinion on the giant company: Wal-Mart.

Introduction

For this term paper, I chose to research a company that is really profitable for its customers, but very demeaning for its employees. On the contrary, this company has won many prizes including the 2010 Corporation of the year, which is nothing small! As seen in class, I’m referring to the international path Wal-Mart has taken. The reasons why I chose Wal-Mart are simple. First of all we have seen lots of videos in class about this company and the comments were mixed. In one of the videos, the employees who were giving their testimony were complaining about



Bibliography: CorpWatch. (n.d.). Article. Retrieved April 20, 2011, from http://www.corpwatch.org/article.php?id=12194 Striking. In B. B. Stewart, HRM the essentials of managing human resources (pp. 323-324). Nelson. Wal-Mart. (n.d.). Careers. Retrieved April 20, 2011, from http://walmartstores.com/Careers/7750.aspx Wal-Mart. (n.d.). Health and Wellness. Retrieved April 20, 2011, from http://walmartstores.com/HealthWellness/7624.aspx Wal-Mart. (n.d.). History. Retrieved April 20, 2011, from http://walmartstores.com/AboutUs/7603.aspx Wal-Mart. (n.d.). Wal-Mart Stores. Retrieved April 20, 2011, from http://walmartstores.com/AboutUs/336.aspx

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