The company has diversified its recruiting resources to now attract prospective employees through various channels, including word of mouth, the internet or more traditional means, such as advertisements in the local media.
Another strategic HR endeavour has been that of creating opportunities for development. This is best represented by the opportunity the Wal-Mart employees are given to advance. They can also change positions within the firm until they find the job that best fits their skills as well as their needs.
b) Benefits
The executives at the Wal-Mart Stores have also developed a more comprehensive palette of employee benefits. Through these, the scope is that of attracting more prospective employees, better retaining the existent employees and stimulating their levels of satisfaction -- and as such performance. Some notable benefits include:
Coverage for medical services in the amount of 80 per cent compensation for eligible services
Dental insurance
Compensations of accidental death and dismemberment
Associate stock purchase plan
Retirement account rollover
Military differential pay (Website of the Wal-Mart Stores, 2010)
c) Diversity
The executives at the Wal-Mart stores implement diversity strategies as a means of integrating all staff members within...
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