Corporate Culture of Fedex

Topics: Health insurance, Employees Provident Fund, Management Pages: 2 (404 words) Published: October 27, 2008
Corporate Culture

FedEx’s philosophy is People-Service-Profit. That’s mean they take care of their staff so that they can deliver impeccable service to their clients who will give them the profit necessary and to be successful. This philosophy governs every FedEx activity. They honor innovation, integrity and commitment.

They have many formal policies, procedures and programs to bring out the best in their staff, individually and in teams. FedEx is looking for talented people that share the basic qualities of honesty, enthusiasm, creativity and respect for co-workers and customers. As FedEx has grown into a global company, a culture has developed the fullest potential of employees with FedEx. FedEx has led the industry in creating employee focused programs to promote positive internal communications and staff development. Below are some of the key programs offered to their employees:-

Promotion From Within Policy – allows employees to be considered first for open positions. •Open Door Procedures – allows employees input to be received and considered by management •Guaranteed Fair Treatment – assures any employee to offer feedback on the effectiveness of management. •G.O.L.D. (Growth, Opportunity, Leadership & Development) Program – provides an in-house management development program

Besides, FedEx also attach importance to the employee’s compensation and Rewards. Compensation and Rewards is a combination of pay programs, benefit plans and quality of work/life programs. Employee compensation is structured to acknowledge individual effort, stimulate new ideas, encourage outstanding performance and promote teamwork. All of these factors are reflected in the employees’ compensation and rewards. These programs include: •Salary Increases – salary increase based on individual performance •Variable Pay – incentives to reward individual and team contribution •Tuition Assistance – subsidy for continuous learning and education •Pay Time Off and...
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