expand icon
book Management 13th Edition by John Schermerhorn,Daniel Bachrach cover

Management 13th Edition by John Schermerhorn,Daniel Bachrach

Edition 13ISBN: 978-1118841518
book Management 13th Edition by John Schermerhorn,Daniel Bachrach cover

Management 13th Edition by John Schermerhorn,Daniel Bachrach

Edition 13ISBN: 978-1118841518
Exercise 27
THINK BEFORE YOU ACT
"We actually want our employees to stay with the company for a long time, for 10 years, maybe for their entire life."
Employers Differ on Hiring and Retention Strategies
THINK BEFORE YOU ACT We actually want our employees to stay with the company for a long time, for 10 years, maybe for their entire life.  Employers Differ on Hiring and Retention Strategies      F acebook and the online retailer Zappos are boThentrepreneurial startups that made it big. And they did so while following very different approaches to employee hiring and retention. Is one of these approaches right and the other wrong  Facebook's founder and CEO, Mark Zuckerberg, likes to hire hackers with an entrepreneurial side. He's interested in people who like to create new things quickly rather than those who want long-term employment. Zuckerberg compares Facebook to colleges with great sports programs. Athletes go to play for these programs-and coaches-and excel, and also to prepare for a career in professional sports. The great hackers, according to Zuckerberg, don't want to stay at one place forever. Zappos CEO, Tony Hsieh, says, We have a different approach from what Mark was talking about. We actually want our employees to stay with the company for a long time, for 10 years, maybe for their entire life. Internal career paths are clear at Zappos, with frequent promotions and lots of personal time off. Zappos invests heavily in stafftraining and mentoring. According to Hsieh the key is constant growth along with a strong dose of job satisfaction. YOUR TAKE  The lesson here is there are many ways for people and organizations to reach their goals. But when it comes to you specifically, a critical issue will always be the fit-or match-between what you want and the way you like to work and the employer's practices. Which firm would you most like to join-Facebook or Zappos What does this choice say about your career needs and aspirations Are you someone who gets excited about switching to a new organization every few years, or would you rather follow an internal career path and rise to the top of the employer you start with out of college
F acebook and the online retailer Zappos are boThentrepreneurial startups that made it big. And they did so while following very different approaches to employee hiring and retention. Is one of these approaches right and the other wrong
Facebook's founder and CEO, Mark Zuckerberg, likes to hire "hackers" with an entrepreneurial side. He's interested in people who like to create new things quickly rather than those who want long-term employment. Zuckerberg compares Facebook to colleges with great sports programs. Athletes go to play for these programs-and coaches-and excel, and also to prepare for a career in professional sports. The great "hackers," according to Zuckerberg, don't "want to stay at one place forever."
Zappos CEO, Tony Hsieh, says, "We have a different approach from what Mark was talking about. We actually want our employees to stay with the company for a long time, for 10 years, maybe for their entire life." Internal career paths are clear at Zappos, with frequent promotions and lots of personal time off. Zappos invests heavily in stafftraining and mentoring. According to Hsieh the key is "constant growth" along with a strong dose of job satisfaction.
YOUR TAKE
The lesson here is there are many ways for people and organizations to reach their goals. But when it comes to you specifically, a critical issue will always be the fit-or match-between what you want and the way you like to work and the employer's practices. Which firm would you most like to join-Facebook or Zappos What does this choice say about your career needs and aspirations Are you someone who gets excited about switching to a new organization every few years, or would you rather follow an internal career path and rise to the top of the employer you start with out of college
Explanation
Verified
like image
like image

In the present case there are two compan...

close menu
Management 13th Edition by John Schermerhorn,Daniel Bachrach
cross icon