Human Resource Management Of Nestle
Nestle has been serving globally with its excellence in product safety, quality and value. It started off in Switzerland in 1867, when Henri Nestlé developed a baby formula that saved a child 's life. Today, Nestlé is not only Switzerland’s largest industrial company but is also the world’s largest food company.
Nestle operates in all five continents, has an annual turnover of 70 billion Swiss Frances, and runs 522 factories in 81 countries, 200 operating companies, 1 basic research center and 20 technological development groups and more than 231,000 employees all over the world. Nestle does 98 percent of its business outside Switzerland, also has interests in cosmetics (a large shareholding in L’Oreal) and ophthalmic products (acquisition of Alcon laboratories Inc.) while continuing to give priority to food products.
Human Resource Management is the organizational function that deals with issues related to people such as compensation, hiring, performance management, organization development, safety, wellness, benefits, employee motivation, communication, administration, and training. The fact that Nestlé is more people and product than systems oriented, is reflected in the functioning and organization of the HR department. Being one of the largest companies in Pakistan and having 2500 workers working within the organization, Nestle has a separate and specialized HR department responsible for its human resource management. Nestle is a people’s company. Employees are the
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