Caterpillar strikes back
Article Abstract:
Caterpillar Inc's labor dispute which began on Aug 1991 ended in a strike that resulted in the company's decision to hire replacement workers. Wayne M. Zimmerman, vice president of the Human Services Division, believes this move was essential to maintain Caterpillar's stand in the industry. Aside from being the largest manufacturer of earthmoving machinery, it is also one of the US companies that have not been overrun by Japanese competition. Zimmerman's division was assigned the task of screening and hiring these replacement employees. However, the union's decision to send back workers on Apr 1992 without a contract postponed the recruitment. Zimmerman is presently concerned with the Employee Satisfaction Program with union workers. He also believes that a contract will soon be established between the company and the union since fair terms are offered to employees.
Publication Name: Personnel Journal
Subject: Human resources and labor relations
ISSN: 0031-5745
Year: 1992
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Wal-Mart without Walton
Article Abstract:
The death of Wal-Mart Stores CEO Sam M. Walton on Apr 5, 1992 will not cause any changes in the company's corporate culture which made it the biggest retailer in the US. Wal-Mart's success is attributed to Walton's commitment to employee involvement and customer service. The company's People Division plays a significant part in maintaining the corporate culture established by Walton. Every week, company executives visit different Wal-Mart stores around the US to talk to employees and listen to ideas on improving operations as well as to determine the things that do and don't sell. Executives then meet at the company's Bentonville, AR, headquarters every Saturday to discuss findings. Approved ideas are usually executed by the employees who suggested them. Walton's creation of employee stock options has also enabled some employees to retire with as much as $100,000.
Publication Name: Personnel Journal
Subject: Human resources and labor relations
ISSN: 0031-5745
Year: 1992
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HR leaders are powerful
Article Abstract:
A list of 100 senior human resource (HR) executives from various industries and corporations is presented. The list shows that 58% of these executives answer directly to the president or CEO. Most of them have influence in the organization outside of their positions in HR as shown by the 38% having direct responsibility for tasks in administration, facilities, government affairs, information systems, new ventures, communication, quality, loss prevention and security. Only 29% restricted their careers in HR. Most executives had experiences in areas such as marketing, sales, finance, engineering, law public relations, purchasing and research. Thirty-three percent of executives from the 15 largest corporations also had at least one overseas assignment showing the increased number of US companies abroad.
Publication Name: Personnel Journal
Subject: Human resources and labor relations
ISSN: 0031-5745
Year: 1992
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