human resource management for the Samsung Company

human resource management for the Samsung Company

Samsung is a multinational company dealing with the production of electronic devices such as mobile phones, tablets, iPods, desktop, fridges, washing machines, and television, among others. The company has its headquarters situated in South Korea, but it is popular all over the world, where it has opened branches in a number of countries such as Vietnam, China, India, Brazil, Indonesia, and South Korea. Samsung is one of the greatest electronic companies in the world, competing with other great companies such as Sony Inc., Apple Inc., and LG. In recent days, Samsung Company has focused on developing human resources to ensure it has remained competitive since similar companies are coming up in large numbers globally. Most of these companies rely on the internationalization of technology and productivity of the labor force; thus, human resource managers of the Samsung Company have begun to come up with ways to enhance the employment relationship between the company and the employees. In 2o14, the company announced that it would no longer on the academic qualifications when looking for the most qualified staff to run various departments but would embark on identifying the talents for specialized fields, develop workmanship within the organization and design the best wars for managing change to avoid getting overwhelmed by the strong competition in the world. Human resources in Samsung Inc. engages in the recruitment of employees, developing workforce through exposure and training, and facilitating the transition.

One purpose of human resource management for the Samsung Company is responsible for managing personnel working for the company. The department of human resource management is involved in hiring, planning, and initiating training and development for all the workers in the enterprise. The company has a well-structured formula of hiring employees to ensure it only hires the most fitted employees of the generation. In addition, Samsung has identified various ways it is developing its workforce through the conference, education, and exposure. The company identifies talent from school and makes close follow up to ensure the workforce will be compatible with the current developments in the world. Other activities include conducting and orientation for new employees by conducting a leak up of what they are expected to do while comparing to what the previous employees were doing. Human resource determines when employees can be transferred, promoted, compensated laid off, and even retrenched based on the terms of employment and the condition for the company. The department gives a report on the productivity of employees after a specified period of time for the purpose of asserting individual growth and development so that employees can contribute to the development of the company.

The second purpose for human resource management for Samsung is looking into the welfare of the workers. The department ensures that employees are presented with the best working environment so that they fully utilize their skills for the development of the company. Human resources management ensures structure such as safety services, health services, welfare funds, social security, and medical services are prioritized for all the employees. The company ensures that the offices are fitted with fire extinguishers and first aid kit to assist in the times of emergency. Casual workers in Samsung Company are provided with safety uniforms and safety gear to ensure to prevent injuries during processing activities. Safety and welfare for the workers motivate them to engage with their activities effectively.

The third purpose for human resource management in Samsung is creating a close relationship between employees and the company. One strategy Samsung uses to enhance quality and quantity production is ensuring that employees feel like part of the success in the company. The company encourages consultation with the employees whenever it wants to initiate certain changes, which makes them feel they own the ideas. The company is also sharing some of the annual profits to the employees through the bonus program. Sharing profits with workers who have excelled in the areas of specialization motivates all employees within the company, making them more competitive since they are able to feel part of Samsung. Strengthened relationships between employees and Samsung Company has improved the performance enabling it to stage a strong competition to some of the biggest companies, including Apple Inc. and Microsoft Company.

Some of the key elements of human resource management are selection and replacement, diversity of employees, compensation and rewards, and job designing. Selection and replacement in Samsung Company assist in identifying talent and maintaining the culture of the company by hiring employees who have the focus of the company. Diversity of employees assist in incorporating the needs of every culture around the world since Samsung is a multinational company. Competitive businesses in recent days have embraced diversity to maximize the market base, and Samsung has prioritized the issues to ensure it does not give competitors a space to establish their brands over the company. Compensation and rewards boost motivation for the employees, which enables give their best for the company. Job designing is denying various activities which will facilitate operations of the company. The activities for Samsung activities include engineering, marketing, and general management.

The internal factors are affecting human resources management in Samsung the use of technology, conflict, lack of enough budget, and trends in work productivity. The company has formed a committee which assists in solving any disputes which arise between individuals or department to ensure there is fairness in the workforce. Samsung has also embraced technology to produce quality products, thus ensures that every new employee is conversant with the current technology.

Some of the external factors affecting human resource management in Samsung are government regulations, workforce demographics, economic conditions, and constant advancement in technology. Samsung recognizes that these external factors vary in different and have resulted in working with the locals who are conversant with the government regulations, workforce demographics, and the state of the economy for different countries.

The human resource management structure for Samsung is comprehensive to address the recent needs of the multinational technological enterprise. The department identifies and nurtures talents to ensure they offer unique skills to Samsung. The definite company formula for hiring employees and orienting to the company to ensure the transition is smooth and does not affect the flow of operations. The department of human resources ensures that employees are well enumerated so that they are always motivated to work towards achieving the company’s goals. Samsung has embraced diversity in the human resource department to deal with the various factors affecting the workforce in different countries.