Preview

H R Plan

Best Essays
Open Document
Open Document
3387 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
H R Plan
1. Executive Summary Marriott International hotels has thousands of locations worldwide and seems to continue to expand their business. In the previous tough economic times, despite small losses, they seem to stay strong and find new ways to keep their business growing. They also seek new ways to improve the business and earn profit as well which makes this seem like a viable company to invest in.
2. Internal Analysis
2.1. Human Resources
2.1.1. Planning
For Human Resources, the planning focus for the Internal Analysis will be to maximize strengths and minimize or correct weaknesses. A company cannot attempt to take advantage of a certain environmental opportunity and achieve corresponding objectives without having the appropriate skills or strengths
2.1.2. Values, morale, and motivation
Marriott® International adheres to high ethical and uncompromising legal standards. Our Code of Business Ethics provides managers and associates with detailed guidance on the right way to conduct business. Our business ethics training program, “How We Do Business Is As Important As The Business We Do,” is a required part of orientation for associates, and includes Marriott’s commitment to human rights. Marriott International believes that our success as a global hospitality company is grounded in our purpose, values, and conduct demonstrated each day through our world-class service, ethical business practices, commitment to our employees, and our culture.
2.1.3. Compensation, benefits, and incentives
Human Resource Professionals are continuously searching for fresh and innovative ideas to drive positive results through employee incentive, recognition and reward programs. There are many factors that contribute to the overall success of employee award and incentive programs. Some examples include commitment and support by senior management, clearly defined goals and objectives, effective promotion with quality consistent communications and the right incentive and reward

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Training Session Handout

    • 510 Words
    • 3 Pages

    Incentive program- rewarding provide commitment, among employee and it give them something to work for.…

    • 510 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    “Marriott International, Inc. is a worldwide operator and franchisor of hotels and related lodging facilities. The Company operations are grouped into five business segments, the North American Full-Service Lodging, North American Limited-Service Lodging, International Lodging, Luxury Lodging and Timeshare. Marriott develops, operates and franchises hotels and corporate housing properties under separate brand names, and it develops, operates and markets timeshare, fractional ownership and residential properties under four separate brand names. Marriott International also provides services to home/condominium owner associations for projects associated with one of its brands” (MSN Money Report, 2010). Marriott International has carried out certain strategy resulted into effective market share and good profitability. Has left other businesses and…

    • 3839 Words
    • 16 Pages
    Powerful Essays
  • Powerful Essays

    The key components to developing effective Reward Strategy is to ensure that there are clearly defined goals to meet business objectives, that the reward programme meets the needs of both the organisation and its employees, and to ensure that this is then supported by effective HR policies. In order to ensure these criteria are met there are a number of factors which influence how reward strategy is developed which include both internal factors within the organisation itself, as well as external factors outside the organisation.…

    • 3399 Words
    • 14 Pages
    Powerful Essays
  • Better Essays

    Pay for Performance

    • 1852 Words
    • 8 Pages

    Gordon, A.A., Kaswin, J.L., Effective Employee Incentive Plans: Features and Implementation Processes, Cornell HR Review, 2010, retrieved from http://cornellhrreview.org/2010/05/31/effective-employee-incentive-plans-features-and-implementation-processes/…

    • 1852 Words
    • 8 Pages
    Better Essays
  • Best Essays

    Meanwhile, the said program for employees should provide changes based on performance, promotion or changing conditions and provision of regular remuneration and performance reviews is considered essential. Similarly, incentives remuneration such as giving bonuses as discretionary rewards for achieving targets can also heighten the determination of employees to work. Gerhart and Rynes (2003) support the idea that individual incentives can generate substantial increases in performance. On the other hand, benefits can also be given to compensate salary costs such as health care plans, life insurance and retirement benefits. The remuneration program should be aligned to both the organisation’s strategic objectives and employee needs and must be supported by the human resource department to attract, retain and motivate employees within the…

    • 2238 Words
    • 9 Pages
    Best Essays
  • Better Essays

    Gordon, A. A., & Kaswin, J. L. (2010). EFFECTIVE EMPLOYEE INCENTIVE PLANS: FEATURES AND IMPLEMENTATION PROCESSES. Cornell HR Review, 1-6.…

    • 1178 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Whether an individual is a CEO of company or a leader in an organization, an employee rewards program can be a viable device to help fashion a dynamic and innovative business environment.…

    • 847 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Marriot vs Fairmont

    • 7701 Words
    • 31 Pages

    This report will discuss research and findings for Fairmont Hotels and Resorts (FHR) and Marriott International (MI). The focus will be on the similarities and differences in the managing styles within the companies, more specifically, focusing on environmental analysis; organizational culture; social responsibility and ethics; planning and strategic analysis; organizational structure and; and finally an overall organizational alignment of how all these factors plays into each company’s success.…

    • 7701 Words
    • 31 Pages
    Powerful Essays
  • Better Essays

    As the labor force becomes more highly developed and demanding, rivalry between organizations for talented employees is drastically increasing. It is extremely important that organizations make their company more enticing as an incomparable career opportunity. Instituting a total rewards system into an organization can do much to help it invite the paramount talent available and significantly condense turnover. The longevity of an organization’s employees is contributed to its total reward system. According to Heneman (2007), total rewards is defined as all of the tools, whether intrinsic or extrinsic, offered to the employer that may be employed to attract, motivate and retain employees. This could be monetary or non-monetary remuneration which includes not only compensation and benefits as well as personal and professional growth opportunities and a motivating work environment.…

    • 2053 Words
    • 9 Pages
    Better Essays
  • Better Essays

    Total Rewards

    • 840 Words
    • 4 Pages

    Total rewards are the monetary and non-monetary return provided to employees in exchange for their time, talents, efforts and results. The phrase “compensation and benefits” has given way to “total rewards”—which encompasses not only compensation and benefits but also personal and professional growth opportunities and a motivating work environment (for example, recognition, valued job design, and work/life balance). Stiffer competition in business has made it difficult for cost-conscious organizations to offer higher wages and more benefits each year. Employers have had to find alternative forms of rewards that cost less to implement but that still motivate employees to excel. Organizations have become much more strategic in their management of human resources, including integrating their various human resource functional areas.…

    • 840 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Marriott International is ranked as number one in market capitalization and revenues in the lodging industry. In fact, it has been ranked by Fortune as among the “100 Best Companies to Work For.” It has a total of six business segments in its portfolio, namely: the North American Full-Service Lodging Segment, North American Limited Service Lodging Segment, International Lodging Segment, Luxury Segment, Timeshare Segment, and the Synthetic Fuel Segment. It has a deep history, which started way back to 1927 when J. Willard Marriott and his bride opened a 9-seat root beer stand. Through the years, competition has been tight, and Marriott International’s closest competitors would be the Accor, the Hilton Hotels Corporation, and the Intercontinental Hotels Group PLC. Financially, Marriott International is doing well, but growth is not as high compared to the previous years. Furthermore, there is potential for growth in the international market.…

    • 9308 Words
    • 38 Pages
    Powerful Essays
  • Powerful Essays

    This paper will address why employee motivation, recognition and rewards keeps employees working effectively and efficiently. Employee motivation is very important to a company’s production and quality of work, It is important for management and companies to recognize employees’ hard work and have an incentive program to show appreciation.…

    • 1049 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Marriott International's goal is to create significant value by aggressively building its brands and growing its businesses. The company is dedicated to providing exceptional service to customers, growth opportunities for associates, and attractive returns to shareholders and owners.’ [1]…

    • 5970 Words
    • 24 Pages
    Powerful Essays
  • Powerful Essays

    H&R Strategic Plan

    • 20666 Words
    • 83 Pages

    Over the last several years, the Human Resources (HR) community has undertaken extensive efforts to examine how the HR programs and delivery systems within the Executive Branch can be improved to better meet the strategic needs of…

    • 20666 Words
    • 83 Pages
    Powerful Essays
  • Powerful Essays

    marriott research paper

    • 2166 Words
    • 9 Pages

    Marriott International is one of the most well-known and respected hotel chains in the world. They have maintained an incredibly high reputation in the industry for decades while also being the most profitable. They are currently ranked #217 on Fortune 500 with 12.317 billion in revenue, highest in the hotel industry by three billion. Marriott wasn’t always the giant it is today. Their phenomenal achievements are a result of a well thought out vision, purpose, strategy, and core values. These features created an outstanding backbone for a great company using tactics discussed in Built to Last by Jim Collins. These ideas implemented years ago are holding true, keeping Marriott International two steps ahead of their competitors in all aspects of business.…

    • 2166 Words
    • 9 Pages
    Powerful Essays