Based on data from GlassDoor it appears there is a wide range of employee incomes. Managers, Department Leads, Human Resources Directors, and lower level Executives earn between $100,000 and $250,000 per year. Technicians, Engineers and Food Scientists earn between $40,000 and $100,00 per year. Line Workers, Warehouse Associates, Production Operators, Assistants and Interns earn between $10 and $20 per hour. The workers paid hourly therefore make on average what would end up being about $30,000 annually. While it is likely there are workers paid far less in regions of the world outside the United States, the most accessible data was based on wages of U.S. employees. So, the relative “low wage workers” are those that make about $30,000 per year. …show more content…
The corporate leadership team is about 70% male and almost all of them are white. While the diversity of the company looking leadership team is almost non-existent, there is a considerable amount of diversity across the rest of General Mills. In total, 39 percent of the company’s employees are women. The amount of women who are among the top earners at the company is 42 percent. The National Association for Female Executives has placed General Mills on its list of top companies for women 15 yearsin a row. By the numbers, General Mills predominantly employs white people, but the company has a Diversity Council to help hire diverse talent and promote diversity through sponsorship of employee organized networks. Some examples of these networks are groups of various backgrounds including Asian,African American, Women, LGBT, and Veterans groups. The General Mills Employee Code of Conduct and the Supplier Code of Conduct protects human rights throughout the supply chain and all company operations. The code of conduct prohibits forced labor and child labor, protects workers wages and benefits, and promotes a diverse and non-discriminatory environment. The company offers same-sex …show more content…
General Mills social responsibility measures have included environmental, cultural, and workplace support. They have made improvements to nutrition content, food safety, and organic food production. They donate millions of dollars to charitable causes, provide meals to millions of hungry people around the world, and invested in the health and living conditions of farm-based communities within their supply chain. In the workforce 47% of management positions are held by women, thousands of employees have received promotions within the company, and almost all of the executives have been in-house promotions as well.Because of the World Trade Organization and Free Trade Agreements, General Mills is connected to a global network of governed trade. Over the company’s history, General Mills has expanded it’s sourcing and production from it’s Minneapolis, Minnesota foundation to currently operating in 30 different countries. NAFTA and CAFTA helped General Mills move production facilities and farmland into Mexico, Canada and South America. Other similar arrangements have helped keep products moving in and out of regions such as Europe and Asia Pacific region. The flow of imports and exports and the associated barriers and costs are protected
General Mills Inc. is a worldwide producer of packaged consumer foods. The company produces their products in 16 countries and sells them in over 100 countries (www.generalmills.com). It is headquartered in Minneapolis, Minnesota and employed about 41,000 employees as of May 26, 2013. The company recorded revenues of $17,774.1 million in the financial year ended May 2013 (FY2013), an increase of 6.7% over FY2012. The operating profit of the company was $2,851.8 million in FY2013, an increase of 11.3% over FY2012. Its net profit was $1,855.2 million in FY2013, an increase of 18.4% over FY2012 (www.generalmills).
For such a simple seeming job, the pay and benefits are fairly generous. The average wage is around $86,950. Obviously, your pay will differ depending on where in America you work and the size of your facility of employment. The insurance varies depending on your place of work. The vacation
14. Rice Jr., Booker (2000, May-June). Putting diversity to work: Playing on a level field. LIMRA's MarketFacts, 11(3), 38-39.
The median annual wage is $72,910. Some people may earn less and their annual wage would be around 50,000. The highest paying wage is 100,170 which are more than enough, but the average pay is good. The person who’s pursuing the career will have a comfortable lifestyle.
Diversity refers to the ways people differ from each other. These ways are significant and plentiful. Culturally, people vary in gender, age, ethnicity, race sexual orientation, educational background, religion, lifestyle, as well as veteran and/or immigrant status. Functionally, people vary in the ways we think, learn, process information, respond to authority, show respect and reach agreements (Pollar & Gonzalez, 2011.)
Diversity is a composite of racial, gender, ethnic, nation origin, cultural, attitudinal, social-economic, and personal differences. With the many legal implications and issues surrounding every aspect of the Human Resource function, the human Resource department must be prepared to resolve issues in a timely and cost efficient manner. With the saturation of laws surrounding personnel, nearly every decision made by the Human Resource Department has the potential for legal suits. Even if the Human Resource department has done everything that is required of them, it can still be costly to defend it. That is why supervisors, managers and workers must be trained on managing diversity in the workplace.
According to researchers Frances Maher and Mary Kay Tetreault, “Privilege, in its root meaning, pertains to a law--in this case often silent and unseen--that works for or against individuals and groups” (2009). In other words, although privilege is not an object, it is real. Privilege has been demonstrated in various forms of inequality and prejudice all throughout the United States’ history. From not allowing all races to become citizens of the U.S. prior to the Fourteenth Amendment to controlling who got to vote, privilege continues to impact societies. Currently, racial privilege has had a large effect on young adults, such as those in the workforce. Here, privilege negatively affects young people by limiting their hiring opportunities,
Minimum wage is the lowest wage an employer can pay their employees. There is a Federal minimum wage and in some cases a State Minimum wage. The current Federal minimum wage is $7.25. An employee who makes $7.25 an hour and works 40 hours a week, will earn about $14,000 per year. The Federal government deemed that the poverty line is anyone who makes less than $17,000 a year (“Federal Minimum”). Therefore anyone that makes minimum wage lives below the poverty line. As president Obama said in his state of address, "In the wealthiest nation on earth, no one who works full-time should have to live in poverty” (“Federal Minimum”). This essay will examine the problem of low minimum wage and explore ways to resolve this issue.
Merriam-Webster defines diversity as “the condition of having or being composed of differing elements; especially the inclusion of different types of people (as people of different races or cultures) in a group or organization” (Merriam-Webster, 2016). With diversity including many different elements, the concept of workplace diversity also covers a broad spectrum of topics, and continues to evolve as many companies look to expand globally. This subject has become increasingly important among managers over the last couple of decades, and has helped to reinforce other concepts such as affirmative action and equal opportunity employment. While most people believe that everyone should have the same opportunities available to them, and that we
With the advent of the Internet, decreased shipping costs, and the removal of trade barriers, the world market has shrunk in such a way that everyone can be a player. While many businesses thrive solely on serving a small local area, a globalized company has the benefits of increased customer markets, gross production, and brand awareness. Take for example Coca-Cola; this multi-national corporation offers products in countries all over the world, operates in over 200 of those countries with the help of its franchisees, and is the most well-known beverage companies. It is interesting to note however, that as positive as globalization may seem, there are many negative ramifications and a large population of detractors to this movement. While increased product availability is good for profits, if a local market is inundated with imported products, locally grown or manufactured items may be squeezed out, to the detriment of the local economy. Although it is cost effective to have your product produced in another country with low wages, you are essentially taking away jobs from the people of your own country, negatively impacting your national economy. However, if you manufacture your products in a country with higher wages, you must increase your products’ prices which may be harmful to your profits. While maximizing your companies profits is always of great importance, it is essential that you weigh the pros and cons of globalization and its effects on not only your company, but the areas in which you wish to spread.
General Mills growth has not been what is used to be in previous years. A large part of that is due to the U.S yogurt market. The yogurt sector of the company is not small, containing $1.3 billion of yogurt sales during the last full fiscal year, which is about 13 percent of sales for the company (Star Tribune, 2017). According to the Star Tribune, General Mills got its start by getting the U.S license for the Yoplait brand in the late 1970’s (Star Tribune, 2017).
Companies such as Buzztronics are leading the way in the global economy because of their dedication to diversity in the workplace. In order to build a diverse and successful workforce, a business needs to recruit, train, and retain capable and talented minorities.
Workforce diversity has become a reality in organizations. More organizations have written workforce diversity policies or programs. Although there is still no consensus on how to define workforce diversity, diversity policies and program are producing positive effects in organizations. Diversity in the workplace is a way of defining acceptable behaviors of employees. Diversity represents all the ways in which individuals are both similar and different. It involves a variation of characteristics such as: age, sex, color, religion, national origin, disability, or any other differences. Although diversity initiatives are common in the workplace today, this is due mainly to the federal government use of constitutional amendments, legislation, and executive orders, along with court decisions to interpret the laws for equal rights (Noe, Hollenbeck, Gerhart, & Wright, 2010). The way an organization defines diversity and how it manages its diverse workforce may determine its effectiveness.
Living in a country where it was founded by immigrants, diversity is everywhere you go especially in the workplace. There are many types of diversity; ethnicity, gender, religion and age just to name a few. Working in a diverse organization it can give you a taste of the real world, and what you will deal with wherever you go. There is so much diversity in the world today so it is a benefit to experience it in the workplace as well. You are given the chance to learn so many things from different cultures, why wouldn't you want to work in a diverse organization?
According to occupational outlook handbook the annual pay was $83,060 as of May 2014. The highest amount earned was $126,430 and the lowest was $53,210. Although the consequent is that most engineers have to work full time and work about 40 hours a