Orix Geosciences Case Study Help
Recommendations
On the basis of above analysis ,following are the recommended ways through which ORIX should upscale the employee’s engagement and commitment towards the organization. (POISAT, 2016) Mentionedare the following drivers that improve the employees’ engagement:
DevelopA Culture Of Engagement & Delegate Authority:
The company should allow the employees to select their work and make work plan according to it.Ifit is required then the manager should also engage with the employees in preparing their work plan. After making the plan, the employees would show the plan to the manager,and the manager should engage with the employees while they are working, such as: if the employees do not understand anything than the manager should demonstrate them that how to perform a particular work or give unique ideas to the employees to resolve the problem. The company should not restrict the employee to follow some guidelines. Guidelines restrict the employees to perform work according to the mentioned ways. However, the employees know that the best practicingand results are required to perform any task.
Succession Planning:
Succession planning is one of the ways which various organizations use in order to motivate their employees. Through the succession planning, the employees perform their work with full dedication that would ultimatelyimprove the employees’ engagement with the organization, resulting in theirsatisfaction. The employees perform the work with high potential that would not only improve the performance of the company but so would improve the employees’ commitment and engagement towards the organization. Miningindustry requires a highly skilled workforce,However, in Canada, there is a limited pool of talent. Succession planning would allow the company to retain its employees, which ultimately reduces the turnover rate of the company.
Engage in setting objective:
The management should engage the employees while setting the objectives of the company or a particular department. If the employees would engage in setting the objectives then it would not only improve the employees’ engagement but would also allow them to achieve the objectives easily.The company should also appraise the employees for every small and big achievement. The management should ask the employee that what changes they think are required within the organization. The suggestion should be considered by the management. This will lead the company towards the employees’ commitment when the employees would know that their opinions matter at work place.
Provideproper training to employees:
After hiring it is required that the company should provide proper training to the employees. This would allow the employees to get familiar with the work place, which would provide an ease for the employees to perform their task efficiently. Furthermore, the company also makes a group of employees for a particular project, which is composed of senior and junior employees of the company. In a group each employee wants to perform better than others and that leads towards the higher engagement of the employees.
Upscale the monetaryincentives above the industry average:
In order to engage the employees, the company should improve the pay scale of the company slightly above to the industry average. This would allow the company to reduce its turnover rate and allows it to attract the new pool of talent. Furthermore, the way in which the company provides non momentary benefits according to individual’sneeds, should be continued. In this way, the sense of engagement would develop in the employees of the company that leads to the job satisfaction and engagement and ultimately turns out to bebeneficial for the success of the organization.
Conclusion
On the basis of above analysis, it is concluded that ORIX is considered to be one of the competitive players in the market with a high revenue growth. However, the founder of the company wants to upscale the employees’commitment towards the organization, because it is critical to hire employees from the limited pool of talent that leads the company towards future growth. Now a days, many organizations use various ways to improve the employees’ engagement. The employees’ engagement would not upscale until the employees are not satisfied with their job. Employees’ satisfaction towards the jobs leads towards the employees’ engagement and commitment. In this way monetary and non-monetary benefits, organizations culture plays an important role. Orix is paying the best non-monetary benefits to the employees. However, the company is paying the salaries according to the industry average. The company should improve its paying scale with the above mention recommendations in order to improve the employees’ engagement towards the organization.....................................
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