Fundamentals of Human Resource Management (7th Edition) page 441 link bellow wit
ID: 343774 • Letter: F
Question
Fundamentals of Human Resource Management (7th Edition) page 441
link bellow with the reading
https://www.chegg.com/homework-help/credit-suisse-s-investment-young-workersfinancial-services-m-chapter-14-problem-1mtq-solution-9781260152517-exc
1 . How do Credit Suisse's actions to offer family-friendly benefits relate to its business objectives?
2. How are employees who are not expecting to become new parents likely to react to the decisions described here? What should Credit Suisse do for these other employees?
Explanation / Answer
1. Every company needs talent and retaining that talent is very important.The company is just trying to retain the top talents from leaving the company so that they can keep working on the projects and deliver excellence every single time. A well-trained resource is very difficult to lose so the company wants them to be associated with the company for a long period of time. They are concentrating on providing a good work-life balance, which is always appreciated. A happy employee can keep the customer happy so it is a win-win situation for both the parties.
2. The employees who are not expecting to become parents will also feel great about the company because it shows how much the company cares about its employees. The employees will feel confident that the company will support them in the future. This will also encourage the employees to become parents and make use of the " excellent opportunity provided by the company. They can at least feel happy about the "Protecting Friday night" initiative and start enjoying the weekends. The company can provide free lunch on Saturdays and also provide work from home options to other as well when they an emergency at home. The company can introduce paid vacation every year for one week. This will encourage the employees to work harder and they will also love the company.
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