Despite these constraints, though, it is possible to gauge the effectiveness of Mobil's EAP initiatives based on the typical costs savings realized by similarly situated enterprises. For instance, Ruiz adds that, "EAP providers contend that their services are a critical component in lowering the cost of health care and in bolstering productivity. EAPs can reduce absenteeism and tardiness by 10% and potentially boost productivity by as much as 25%" (46). In this regard, what is known about the company is that success rates between 70% and 85% have been reported by Mobil concerning the effectiveness of its employee assistance programs that have been targeted at reducing the incidence of substance abuse by company employees (Starr 2002). At a cost of approximately $30-$60 per employee per year, EAPs clearly represent an effective approach to managing employee absenteeism. In fact, the company also subscribes to professional stress reduction programs offered by Hopson Global Education and Training as part of its corporate approach to mitigating employee absenteeism levels (Benefits for your company 2002). In addition, the company also provides its employees with debt management counseling services in an effort to reduce personal finance-related stress levels that may exacerbate absenteeism (Watson 2010).
Summary and Conclusion
The research showed that Exxon Mobil is the world's largest publicly traded international oil and gas company with operations in the United States, Africa, Canada, Europe, the Asia Pacific, the Middle East, Russia/Caspian region, and South America. It is reasonable to conclude that the company did not achieve this level of success without some informed and effective human resource management practices. In this regard, the research also showed that with tens of thousands of employees, the company stands to lose or gain a great deal in the manner in which it manages its employee absences. The company has been aggressive in its approach to managing its absenteeism problem, though, and what has been published confirms that Exxon Mobil takes the matter very seriously. Although the company was shown to traditionally make every effort to accommodate all of its employees' special needs, the research also showed that the company did not achieve its level of global success by allowing some employees to manipulate and exploit its generous human resource policies and practices, but rather has consistently sought to establish a corporate culture that emphasizes the need to be at work every day irrespective of any personal problems that might interfere. When Mobil employees experience such personal problems, though, the company has implemented a series of employee assistance programs that are specifically intended to address these issues in an...
1.3. Summary of argument, Hypothesis The role of leadership styles and their applicability to the success or failure of mergers, acquisitions and alliances is the focus of this research. Any leadership study, to be relevant, must also focus on the needs of those served by the organizations studies. That is why in the proposed Change Management Equilibrium Model have customer-driven processes at their center or core. The focus of the research
McDonald's Corporation Analysis Existing Conditions in McDonald's Corporation Issues identified and discussed Time line for Change and Financial cost The organization selected for analysis for this report is McDonald's Corporation. McDonald's can be considered a true international organization. It has operations in more than 119 countries and employs individuals from a wide range of cultures, age groups, opinions, race and religion. The laws and regulations of the local country have to be understood. And
…Occupational Stress and Scientific MonitoringLiterature Review2.1 IntroductionThe definition of the term �occupational stress� is derived from the definition of its two constituent words. In this context, occupational refers to anything that is related to the workplace while stress is defined as a natural body reaction from physical, mental or emotional strain in an individual. Thus, occupational stress can be defined as any mechanism by which the body attempts to adapt
Mock Grant Proposal We are supposed to pick a current problem area at work, describe the problem and propose a solution to that problem. It is a proposal for research that I would like to do and does not involve running subjects or analyzing data. The problem I chose for a work situation is poor sales performance and the research I would like to do is for which solution will increase motivation
Full Research ProposalSection 1: IntroductionResearch problem: The high prevalence of chronic diseases and the corresponding burden on the healthcare system in Saudi Arabia.Background: Saudi Arabia has been facing an increasing burden of chronic diseases such as diabetes, cardiovascular disease, and obesity. These diseases not only have a significant impact on the health and well-being of individuals but also place a significant strain on the country's healthcare system.Research area: The research
……How Veterans Can Make a Positive Impact on Workforce Development in the Construction IndustryABSTRACTThe U.S. construction industry faces significant workforce development challenges, mostly in terms of labor shortage. Addressing this challenge is important for meeting the present and future needs of the industry. Hiring veterans is a valuable way through which the construction industry may overcome the workforce development challenges it faces. In spite of the several initiatives introduced by
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now