logo image

Introductory Analysis of Wal-Mart

The company was founded in the year 1962 by Sam Walton. Wal-Mart is traded at the New York Stock Exchange with a symbol of WMT. A very attractive and astonishing pattern of success and growth was followed at Wal-mart which has left behind all other department and retails stores of the US in early 1990’s (Wal-Mart. com, 2010). Since the beginning the company operates as distributor and retailer of consumer goods. The company has largely grown itself in many parts of the world and is successful all over.

This essay mainly talks about the compensation plan followed by Wal-Mart; therefore let us first see the Strengths and Weakness of Wal-Mart in regards of Compensation. Strengths in regards of compensation: The major strength of Wal-Mart is its employees, who start their day with gathering and activity known as Wal-Mart cheer. The company refers its employees as “Associates” and also motivates every manager to think themselves as the “Servant Leaders”.

Every morning the shift starts with the store-wide meeting wherein the daily sales figures, company news and goals etc are discussed. Not only this are the employees provided with proper training as to how to greet the customers and how to increase their sales. Also a daily target is set at the store for employees, anyone who cross the target is appreciates and rewarded. The environment of the company is just like a family so that the workers can feel comfortable to work.

Read full document

Can’t wait to take that assignment burden offyour shoulders?

Let us know what it is and we will show you how it can be done!
×
Sorry, but copying text is forbidden on this website. If you need this or any other sample, please register
Signup & Access Essays

Already on Businessays? Login here

No, thanks. I prefer suffering on my own
Sorry, but copying text is forbidden on this website. If you need this or any other sample register now and get a free access to all papers, carefully proofread and edited by our experts.
Sign in / Sign up
No, thanks. I prefer suffering on my own
Not quite the topic you need?
We would be happy to write it
Join and witness the magic
Service Open At All Times
|
Complete Buyer Protection
|
Plagiarism-Free Writing

Emily from Businessays

Hi there, would you like to get such a paper? How about receiving a customized one? Check it out https://goo.gl/chNgQy