best hr policies of intel

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HR BEST PRACTICES IN INTEL: Training: Middle Managers Extensive Training: Intel is really a decentralized environment,as opposed to having a centralized place for employees to train, Intel offers training to their managers were they want to be trained. The Management Leadership Development Team in Intel look at things holistically and provide corporate-wide management training and management development training for First Line, Mid Level, and Senior Managers. Secondarily, they outsource to organizations that are responsible for conducting specialized and complementary training for their organizations. source:Reality HR Interview with Kevin Gazzara on Intel's Approach to Developing Mid Level Managers Decision Making: Make decision as a team :They encourage team members to work together to solve problems and include the whole team in decision making for a particular project by conducting decision making meeting. Hold regular team meetings:Encourage team activities and actively involve all persons to come up with create ideas and allow them to present it in the meeting. Cultural bonding: Little things matter: A program of “little things” that showed that the firm cared was started.Under this employees are communicated with the values of the company.But there was a concerted effort to create communications that were meaningful and personal, to eliminate corporate jargon and acronyms. This led to a brilliant success. Intel was back on the list of the Best Companies to Work For. In 2010, it placed #52.

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HR BEST PRACTICES IN INTEL:Training:Middle Managers Extensive Training:Intel is really a decentralized environment,as opposed to having a centralized place for employees to train, Intel offers training to their managers were they want to be trained.The Management Leadership Development Team in Intel look at things holistically and provide corporate-wide management training and management development training for First Line, Mid Level, and Senior Managers. Secondarily, they outsource to organizations that are responsible for conducting specialized and complementary training for their organizations.source:Reality HR Interview with Kevin Gazzara on Intel's Approach to Developing Mid Level Managers

Decision Making:Make decision as a team :They encourage team members to work together to solve problems and include the whole team in decision making for a particular project by conducting decision making meeting.Hold regular team meetings:Encourage team activities and actively involve all persons to come up with create ideas and allow them to present it in the meeting.

Cultural bonding:Little things matter:A program of little things that showed that the firm cared was started.Under this employees are communicated with the values of the company.But there was a concerted effort to create communications that were meaningful and personal, to eliminate corporate jargon and acronyms.This led to a brilliant success. Intel was back on the list of the Best Companies toWork For. In 2010, it placed #52.Team level:Hold team celebrations for achievements,special occasions and after a hectic work.Individual level: Recognize individual by wishing them for birthdays,marriage,scholastic achievements.source:http://economictimes.indiatimes.com/

Packages:Intel's comprehensive package: Provides financial rewards based on individual performance;Shares the company's financial success with employees; and provides employees with a range of health care,insurance coverage, paid leave and employee development opportunities.Employee Cash Bonus PlanThis profit-sharing plan pays cash rewards twice a year. Through the Customer Excellence Program(CEP), employees may also receive an additional two days of pay each year on top of the ECBP payout.

Employee BonusThrough the EB plan, Intel shares profits by paying an annual cash reward based on the employee's bonus target.Esops Intel provides all employees around the world with opportunities to own company stock.

Employee Benefits:Medical BenefitsIntel employees receive comprehensive medical benefits both in India and while travelling. Medical, maternity and dental benefits are available for eligible dependents on ashared premium basis.RetirementEmployee contributions of 12 percent of their basic salary are matched by Intel for retirement benefits.Life, Disability, and Accidental Death InsuranceAll Intel employees receive group term life insurance coverage to provide for their family's economic well-being at the time of their natural or accidental death.

Social Collaboration & Networking:Social computing Strategy:Intel IT is implementing an enterprise-wide social computing strategy with the goal of transforming collaboration across Intel and addressing key business challenges.The architecture combines professional networking with social media tools such as wikis and blogs.This provides employees to find relevant information and expertise more quickly; increasing interactive collaboration across the enterprise, breaking down silos; spurring radical innovation; attracting and retaining employees; and capturing the tacit knowledge of existing employees.

Corporate Social Responsibility:Social Volunteer program:They have a very robust volunteer program called Intel Involved which is managed by ourcorporate affairs group. H.R. plays a crucial support role in that as well.For example, two years ago they rolled out an initiative for our 40th anniversary to logone million volunteer hours at local schools instead of throwing a party or giving peoplekey chains. Our previous goal had been about 500,000 hours.

Green Initiative:They have a green.intel.com site and internal community where employees can share ideas on sustainability projects and initiatives. This leads to increased communication. They are working with other companies on key issues like the Electronic Industry Citizenship Coalition to address supply chain responsibility and the issue of conflict minerals.