IKEA's Human Resource Management Practices in the United States

What are some key aspects of IKEA's human resource management practices in the United States?

Overview of IKEA's HRM Practices

Reducing Staff Turnover: IKEA focuses on creating a stable and nurturing working environment to reduce staff turnover. Generous Wages and Benefits: Hourly employees receive an average of $15.45 per hour, significantly higher than the federal minimum wage. Part-time employees also receive health benefits for just 20 hours of work per week. Work-Life Balance: IKEA promotes work-life balance and discourages workaholic behavior among its employees. Egalitarian Culture: The company follows an egalitarian culture where all in-store employees are referred to as "shopkeepers" and executives have minimal hierarchy. Inclusion and Diversity: Half of IKEA's US employees are women, and more than half of its senior managers and executives are women. The company also supports policies promoting inclusion and diversity, such as offering domestic partner benefits and covering gender reassignment surgery.

← Planning for a bright future steve s retirement fund The importance of closing expense accounts in accounting →