Formal Business Report
The fortune 100 best companies to work for are associated with providing the best employment practices around the globe. These companies usually hire their employees either by using advertisements or by hiring a third party i. e. the national placement agencies to interview job seekers and match their skills and qualifications with the specific job openings required by these companies. In order to do so, our organization makes sure that the candidates coming to us have the skills and qualifications which match with a job opening.
Being associated with the fortune 100 best companies can be very fruitful for the business as these firms not only provide better working environments for their employees but are also known for the trust and integrity people/organizations have with them. Nowadays, due to global recession period, there is an increased trend of down-sizing in most of the small and some large organizations. This ultimately leads to a reduced business of our placement agency and can create havoc for job seekers, especially the ones who are fresh graduate.
Purpose This report aims to study the prospects of success that would result in establishing a relationship with these companies and the chances of Saint Leo’s fresh graduates to
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The information regarding all of the fortune 100 best companies cannot be included in the report; this might lead to a limited set of knowledge for the employees of the placement agency and for the students of Saint Leo’s University. Since 13 years, SAS has been one of the best performing companies because it possess a laundry list of benefits, they provide high quality child care just at $410 a month, along with this they provide their employees a 90% coverage of their health insurance premium and medical facilities that cost the employees nothing.
The architecture of the organizational culture is based on trust and integrity among the employees and the company. One good reason why one would think SAS is a good company is because it has had only one CEO in all those 34 years of history, Mr. Jim Goodnight, who is still serving the organization, driving it to highest profit that sprint around $2,300 million in 2008. People at SAS are committed to help their customers in a way that they can get a real competitive advantage over others. SAS do this by providing exclusive soft-wares that convert raw data into vital enterprise intelligence.
If our consulting agency develops a flexible relationship with SAS we can achieve our targets more efficiently. The softwares designed by SAS can solve the business problems keeping an insight on the challenges which any organization can faces in the corporate world. The consultant at SAS guides the company to have tailored softwares to fulfill the unique business requirements of the organization. We have the opportunity to make our operations better by utilizing the SAS services and in return provide them our services of finding them better employees that matches with their specific job requirements.
(SAS, n. d) Students who have completed their BS in the any discipline related to computer technology can be a part of SAS, but for that they have to be very determined as SAS does not compromise on skills. If these students fit the requirements of the organization they will be enjoying an employment that provides an entire array of opportunities for their career growth. This graph shows the increasing number of jobs in SAS for Business Intelligence Software, the highest number of jobs acquired in July 2010 was in the US.
This graph shows the continuous process of SAS recruiting around the globe, indicating that fresh graduates can be a part of the organization. Edward Jones What makes this company best is that in even tough time of such economic crunches the investment advisor company battered the recession and did not close even one of its 12,615 offices or terminates even one of its employees, and the profit sharing with the employees continued. It is the market leader in the investment industry. Edward Jones believes in establishing long term relationships with their clients and serving their needs to their fullest possible extent.
They provide help to their customers through different communities that they serve. The turnover rate of their employees is very low; moreover, Edward Jones tends to give opportunities to new talent as well. They want to expand their business through providing exciting opportunities to fresh graduates who are highly motivated. Full time opportunities are available for students along with a twelve to eighteen months Rotational Program for students who are in the senior year of their college. In this program students are provided the opportunity to work under different divisions of the firm so that they can control their career paths.
Saint Leo’s graduates can also avail this opportunity. (Jones, n. d) The graph shown below clearly shows the increasing trends of employment in Edward Jones. The matching jobs in Edward Jones have increased drastically in June ’10 due to the placement agencies. This can be a good sign for our business expansion. For our placement agency to join hands with Edward Jones, it is a good deal. It can make our business better in a way that the marketing strategies of will be modified according to the business requirements. Saint Leo’s graduates whom we help in finding jobs can also be benefited from it.
Wegmans Food Markets Wegmans is rated as one of the best grocery stores in the US. The unique feature of Wegmans Food Markets is that, in the history of its 94-years of operations Wegmans have never laid off any employee. To-date, more than 4000 employees are working in the stores, amongst which 11% have spent over 15 years working for Wegmans. The company believes in diversifying the business as it inspires new ways of thinking which supports its drive for constant improvement and being an employer of choice. People at Wegmans consider diversity as more of a business opportunity rather than a necessity.
The reasons why Wegmans think has achieved success in the market and have won the heart of its customers, are the people. They are no secret ingredient why people love to shop at the Wegmans stores. In a nut shell, it could be simply said that Wegmans value all of its employees may they are working as part time or full time employees. For our placement agency, keeping relationships with Wegmans can help do our job better is possible because these kinds of store require more part time employees and they can be approached very easily.
It will help our agency to get more profits and make our business strategy much firmer. Saint Leo’s graduates as well as undergraduates can get an employment opportunity at Wegmans both as full time and part time employees. They offer career development through training program. They offer Youth programs in which students are offer 1500+hours of paid, school supervised work experience, supported by related instructions at school. This program is providing opportunities for students since the year 2000 and is very popular among students.
Bridgespan This graph shows the increasing trends of employment in Wegmans stores. According to a research conducted the share of youth hold only 11% of the jobs in Wegmans which is equal to approximately 200 jobs in Wegmans. But the research suggests that there is a room for improvement and that the 200 jobs are not the ceiling in Wegmans now for the youth. It has now increased to 400 jobs offered to the students around the US, providing more job opportunities to fresh graduates.