Distinctive HR Policies and Practices - Research Paper Example

Download file to see previous pages... The research paper "Distinctive HR Policies and Practices" talks about such distinctive HR policies and practices as compensation and benefits, training, organizational culture, flexibility in the scheduling and methods for attracting and retaining employees by the example of company Mayo Clinic.
Mayo Clinic developed slowly with the help of the medical practice of a pioneer doctor known as Dr. William Worrall Mayo. Over time, the demand for the medical services increased and other doctors and science researchers were asked to join the world’s first private integrated group practice. Doctors and students came from around the world to learn new techniques from the Mayo Doctors, and patients came from around the world for diagnosis and treatment.
Mayo Clinic consists of over 55,000 doctors, nurses, scientists, students, and allied health staff at Mayo Clinic locations in the Midwest, Arizona, and Florida. Their mission is to inspire hope and contribute to health and well-being by providing the best care to every patient through integrated clinical practice, education and research. The health benefits provided by Mayo Clinic can be said to be unique as they are tailored towards preventive rather than curative direction. These health benefits cover both full-time and part-time employees and residents who are in the Mayo School of Graduate Medical Education. This health benefit plan according to the CNN rating is not 100% as it is a non-profit organization with only an annual $3 billion, but it covers the children. (who are under 3 years of age). Among the offered health benefits covers includes a fitness center that is onsite and a gym membership both at a subsidized cost. It has outpatient health services (which are provided by their medical specialists within their clinics which assist in cutting their expenditure on insurance services). There are also ...Download file to see next pagesRead More