StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Value that Merck Places on Employee and Diversity - Essay Example

Cite this document
Summary
 This essay discusses the value that Merck Places on employee and diversity. It cares about helping diverse employees succeed. Moreover, it focuses on providing resources to improve employees’ health and that of those families. Merck is committed to discovering new ways of creating a workplace…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.9% of users find it useful
Value that Merck Places on Employee and Diversity
Read Text Preview

Extract of sample "Value that Merck Places on Employee and Diversity"

 Value that Merck Places on Employee and DiversityMerck & Co., Inc. bestows high value on its employees and diversity. It provides training and motivational support to all staff on the Code of Conduct to ensure awareness of values and standards as well as privacy and preventing discrimination, corruption and harassment. Merck is committed to discovering new ways of creating a workplace where employees and the business can thrive. It cares about helping diverse employees succeed. Moreover, it focuses on providing resources to improve employees’ health and that of those families (Merck & Co., 2014). Besides, Merck & Co.

has created a culture that appreciates collective power and differences that come from having a diverse workforce. It offers more opportunities to employees to grow both personally and professionally at workplace and in the community at large. Finally, it has taken a global approach to diversify the company by creating three major resources: Global Diversity and Inclusion Centre, Employee Business Resource Groups and Employee Resource Groups.Workforce Demographics at Merck as of 2003In 2003, the workforce demographics were low as compared to the current situation.

The various areas of profession included officials, sales marketers, technicians, clerical, craft workers, operators, laborers, service workers among others. The minorities relatively occupy a significant percentage in the managerial positions compared to other groups. For instance, their demographic composition in the administrative post was 18 percent compared to 36.5 percent of the women. Men had the higher workforce. The total workforce percentage among minority groups was 21.2 percent, and the females were 50.3 percent. However, there was diversity in the workforce (Merck & Co., 2014).Merck Employee Demographic Table Source: (Merck & Co., 2014)Considering the U.

S demographics, America is less diverse. There is high level of discrimination in the workforce and the minority groups are often harassed. The number of aged employees is high due to the low birth rate. Craft workers are mainly minority groups compared to the whites who occupy the managerial positions. Thus, there is high disparity in the workforce demographics of Merck & Co.ReferenceMerck & Co., (2014). Corporate Responsibility- 2013 Report: Eployees. Web. Retrieved on May 31, 2015 from http://www.

merckresponsibility.com/employees/

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Value that Merck Places on Employee and Diversity Essay”, n.d.)
Retrieved from https://studentshare.org/human-resources/1696669-merck
(Value That Merck Places on Employee and Diversity Essay)
https://studentshare.org/human-resources/1696669-merck.
“Value That Merck Places on Employee and Diversity Essay”, n.d. https://studentshare.org/human-resources/1696669-merck.
  • Cited: 0 times

CHECK THESE SAMPLES OF Value that Merck Places on Employee and Diversity

The Principles and Rules Used by Jundges to Interpret Statutes

The principles and rules used by judges to interpret statutes Contents Introduction 1 Judges and the Law 2 Derek's Position: Discussion 3 Defining an employee 5 Conclusion 7 8 Bibliography 8 Introduction The statutes of the law are interpreted by judges through a parameter of fixed rules and principles through which the statues are applied to specific situations.... According to the fictitious Act that has been used for his arrest, if Derek is defined as an employee than he is considered exempt, but if by throwing a party he has acted independently of that definition, then he is guilty of the charges....
8 Pages (2000 words) Essay

Justice with Mercy and the Importance of Justice in Leadership

This essay "Justice with Mercy" is about justice as one of the four main cardinal virtues that need to be upheld by all humans, from the point of view of Plato.... nbsp;Plato's student contends that virtuous behavior needs to be at the center stage of human behavior.... hellip; Justice and mercy are two virtuous qualities every leader should embrace, but when considered they raise the question: Are Justice and Mercy compatible or a contradiction?...
7 Pages (1750 words) Essay

Leveraging Diversity in Todays Global Economy

This paper will support the need to leverage diversity in an attempt to move forward in today's global economy. Organizations need diversity in ideas and therefore they need leaders who can encourage and manage under diverse situations (Kirton, 2007).... This diversity will improve the companies product line (Carter, 2007).... Harley Davidson instituted a diversity management program and tools to help make the job easier.... This meant that their management, including their senior management had to be trained in diversity and how to leverage that for the company's improvement....
10 Pages (2500 words) Essay

Family Medical Leave Act: A Vitally Needed Law

In many cases this creates a conflict between the employee that needs time away from their job, and the employer who needs a productive worker to fill the position.... When a person gets sick or infirmed and requires a caretaker to tend to their daily needs, the necessary instrumental support almost always comes from the family....
10 Pages (2500 words) Essay

The Cost of Benefiting From Corporate Social Responsibility

hellip; Although Corporate Social Responsibility (CSR) has no universal or narrow definition, it is generally thought of as practices that exceed the moral, legal, and public expectations that society places on business.... The objective of the paper "The Cost of Benefiting From Corporate Social Responsibility" is to assess the underlying brand value of corporate social responsibility practices for business organizations....
7 Pages (1750 words) Term Paper

Purchasing Function in Controlling Costs and Value Addition

The purchasing function of business procurement has over time evolved to become an integral part and continues to evolve in value addition to organisations.... The last decade for instance has seen a lot of success in the purchase function in terms of creation of structured… The question now is what is the future of procurement and more specially in creating value to businesses?... In response to the competitive market place, organisations are focussing a lot on the The goal is increasing the value of what they offer and eliminate any non-value adding activities....
9 Pages (2250 words) Assignment

Compensation Management System at Tata Consultancy Service

TCS uses EVA as a tool to measure the value that has been created by the company within a certain amount of time.... Also, employees can become over-invested, and be vulnerable to inadequate portfolio diversity.... In the paper “Compensation Management System at Tata Consultancy Service” the author looks at the management of Tata Consultancy Services (TCS), which chose to employ the combination of Economic Value Added (EVA) and employee Stock Ownership Plan (ESOP)....
10 Pages (2500 words) Assignment

Various Dimensions of Globalisation for Business

Today, diversity and pluralism have emerged as undeniable realities and the same is true for the workplace as well.... A business can promote cultural diversity in various ways.... The balance of trade refers to the total value of exports minus the value of imports of a country during the given year....
7 Pages (1750 words) Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us