Aflac Employees: A Case Study

Improved Essays
The factors that lead to the fulfillment of the employee by the companies was the fact that they were employee focused. Casey Graves, vice president of human resources at Aflac, stated “that the needs of the company’s employees continue to be the driving factor behind Aflac’s total rewards programs” (Reed, 2009, para. 12). This was broken down into a requirements valuation and is unceasingly appraised through results (Reed, 2009). Bean, the creator of L.L. Bean, was a big supporter of profit-sharing for its employees (Reed, 2009). These are critical factors that contribute to the success of a company through its employees; looking out for employee best interests.
I feel that benefits play a vital role in employee satisfaction because they

Related Documents

  • Improved Essays

    Analysis of Lincoln Electric Company’s Culture The Lincoln Electric Company can attribute much of its long lasting success to the organizational structure and culture. The company continues to realize economic and productivity growth, year over year due to their unique company culture. In Arthur Sharplin’s “The Lincoln Electric Company” case study, we are able to analyze how the organic company structure and founder values produced a unique a combination of an outcome-oriented and people-oriented culture. Lincoln Electric Company was founded in 1885 by John C. Lincoln.…

    • 883 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Employee benefits are one of the largest investments a company makes. “Benefits make up an important component of the employment relationship, providing employees with financial protection, access to health care and programs to support work/life balance” (Kwon, J. and Hein, P., 2013 page 32). Although employers are careful in creating and managing the benefit program, they often failed to look at the other benefit programs. As a result, the employers may not get the highest return for the overall spending for implementing the benefit programs.…

    • 1032 Words
    • 5 Pages
    Improved Essays
  • Superior Essays

    To stay within compliance the company should follow US Safety and environmental standards and update technology to meet these standards. An improvement in technology will increase efficiency and effectiveness throughout the plant and a plan to implement these changes should be done over the span of 3 to 5 years. This time frame to update technology allows enough time for the updates to be made effectively and the new machines to be produced. The administrative offices are shabby, disorganized, and run inefficiently. Improving technology here will increase efficiency and effectiveness as well.…

    • 1393 Words
    • 6 Pages
    Superior Essays
  • Improved Essays

    Case Study Muhammad Hussain Muhammad Owais Grade12 BOH4M VanCity Maslow’s Hierarchy of Needs Abraham Maslow came up with a set of individually required needs that are sufficient for one to commence a journey into self actualization. VanCity has ensured a great and consistent workforce that enables their employees to Self Actualize. The ways that they provide room for improvement are as follows: Lower-order needs: Focus is something usually dependant on the security and safe environment of a person. If something troubles a person or can put them in danger they can be a victim of constant anxiety. Safety from hazardous substances, dangerous procedures and harassment are a few of the major factors in workplace safety.…

    • 1068 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    When you have happy employees and you reward your employees with incentives, they are going to work harder for you in turn your company profits. When employees are treated with respect, they tend to work harder and more productively. Along with good employees, comes managers. You have to have managers who are fair to the staff under them and want them to benefit. You have to make sure the managers have regularly scheduled meetings to keep the employees on track, complete regularly scheduled evaluations to promote the employees and have full respect for the staff under…

    • 1111 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Harrah Case Study

    • 1322 Words
    • 6 Pages

    Threats Harrah’s threats include regulatory pressures that can lead employees away from engaging too intimately with customers. Other threats include competitors’ ability to model bonus structures similarly which could impact the demand for talent and lucrativeness of the program. Finally, the gain sharing program is not tied to profitability so it could ultimately deter profits if program is paying out year over year due to goals being attain through customer service but not revenues.…

    • 1322 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    The 2-2 Case Study is based on the CircleWorks business, nearly fifty years old, known for their custom bicycles. The Human Resource Director Sheila Gaines is considering incentives that will encourage personnel to encourage teamwork, employee involvement, and increased productivity. The organizational culture is dominant in the management practice of employees being motivated only by the satisfaction of getting the job done, while the company management is resistive to change. Taking consideration to the competitive market, and advanced technology, the HR Director feels there needs to be more incentive for employees to grow as an organization. Sheila has considered implementing incentive programs, such as, productivity bonus awards and/or a gain sharing plan (Gain Sharing at CircleWorks, n.d.).…

    • 1107 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Compensation can be a strategic tool for organizations to attract, retain, and motivate their employees. More than a wages and salary earned by employee, compensation also includes benefits provided. An official statement specifying a company’s standpoint on compensation is known as compensation philosophy. According to the article, “It essentially explains the “why” behind employee pay and creates a framework for consistency.…

    • 868 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Introduction The Walt Disney Company characterizes a truly massive business composed of four strategic professional units (SBUs) which, with the consideration of the consolidated revenue, represented roughly a whopping 35.5 billion dollars in 2007. The four SBUs are Disney Consumer Products, Studio Entertainment, Parks and Resorts, and Media Networks Broadcasting, and these can be further subdivided into 28 categories and are composed of a surplus of brands. The only two fundamental commonalities that can be deduced upon inspection of the entirety of the Walt Disney Company’s holdings are entertainment and information. Every business activity the organization is engaged in is related in some manner to providing its consumer base entertainment…

    • 1099 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Over the years management have always played a vital role in the very success and failure of most organizational strategic business plans. The key to the very successful companies are employees who are very much engaged and well motivated by the managers of that establishment. According to Huselid (1995) he states that organizational current and potential human resources are both important considerations in the evolution and application of the organisation strategic business plan. This normally raises the following questions, why are employee obliged to work hard? Why does employee need to devote more time to his or her work?…

    • 716 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Today humans are considered as one of every company’s most important assets, so they efforts need to be efficiently and effectively rewarded. Compensation is a main factor for organization to attract, retain and motivate its workforce. Individuals look for jobs that not only suit their abilities and talents, but compensate them accordingly in terms of salaries and other benefits. "The term employee benefits refer to compensation other than an hourly wage or salary. Examples of specific employee benefits include paid vacation, medical insurance coverage, and tuition reimbursement, but the number of employee benefits can be staggering” (Martocchio, 2014).…

    • 1182 Words
    • 5 Pages
    Improved Essays
  • Superior Essays

    Reading Assignment 1 1) The three major types of individual level pay for performance plans are traditional incentive systems, variable pay configurations, and merit pay plans. Traditional incentive systems include plans called piece-rate plans that provide payment for each unit produced or each service provided. It also includes the well-known traditional incentive plan called sales commission, that’s offers a percentage of sales dollars or gross profit margin.…

    • 885 Words
    • 4 Pages
    Superior Essays
  • Improved Essays

    The case study is based on two companies that are L.L. Bean and Aflac Insurance. The case study is related to the use of total rewards by companies in order to support the organization’s missions and values, which achieve strategic outcomes. The base company is Aflac to understand and get the idea about the compensation and benefit structures, which achieve organizational outcomes. Discussion Company uses its own products or services to enhance the total compensation for its employees Aflac offers its products to its all dedicated employees without any cost; for instance proposing employer-paid life insurance, which Aflac paid company supported accident protection insurance and cancer policy. Aflac dedicate its resources to determinations,…

    • 891 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    Performance can be increased in employees by using the formula: Performance = Ability X Motivation X Resources (Lussier, 2013, p.239-241) The Disney organization has a high group of high performers and this is reflected by the investment the company vest in their people. Disney success is demonstrated by the charismatic leaders empowering their people to make decisions and in return enhances the customer’s experience at the Disney theme parks. It is a win –win situation for the organization and the employee when both parties are being fulfilled in their jobs.…

    • 981 Words
    • 4 Pages
    Great Essays
  • Improved Essays

    In our personal experiences, we have seen that employees who are underpaid according to their efforts or who are not provided appropriate opportunities for growth end up leaving the company. Employees who are rewarded in relation to their efforts remain committed and encouraged to work well and may even take on additional responsibilities. Leaders are responsible for ensuring that people are rewarded according to their efforts. In some cases, employees are even willing to accept lower wages as long as they are appreciated for their efforts and given a chance for personal…

    • 1046 Words
    • 4 Pages
    Improved Essays