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Facebook hrm policies

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Prashant Shukla

Facebook has several policies to attract and retain top talent: - It funds employees' innovative ideas and values their skills. Employees can choose their own teams and projects to keep them engaged. - The company offers free food, over a month of paid time off each year even for new hires, and four months of paid parental leave to support work-life balance. - Facebook is ranked a top employer due to challenges that help employees fulfill the company's mission and focus on excellence in recruiting.

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Facebook HR policies BY: RISHABH SINGH 13/IME/046
History Facebook (FB) is an American for-profit corporation and online social media and social networking service based in Menlo Park, California. The Facebook website was launched on February 4, 2004, by Mark Zuckerberg, along with fellow Harvard College students and roommates, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes.
Employees are a high value corporate asset: Facebook funds and implement each one of the crazy and unique things and ideas. Quantifying the value of employees i.e. Facebook has taken the time to put a dollar value on its employee assets and skills
Provide employees amazing choices: Facebook offers its new hires the choice to choose the team in which he/she wants to work with. Hackamonth self-directed internal movement It allows employees who have worked on a project for a year to select their own next project team and after working with them for a month, if they like it, they can stay.
Contd. : Free ice cream and cookies A global array of food- Its 3,000+ employee population includes a large number of younger people from all over the world, it makes sense that it offers food day and night that fits every global fast food group.
A focus on excellence in recruiting: It is ranked the No. 1 employer brand In 2013 Facebook was listed as the No. 1 employer brand by Glassdoor for having the most satisfied employees. It was No. 1 because its employees are Challenged every day to do your best work and The companys leadership truly believes in Facebooks mission to make the world more open and connected. Contest-based recruiting reveals what an applicant can build
Economic rewards and employee benefits : Facebook offers 21 days of paid time off each year (essentially a month off) for even new employees. It offers four months paid parental leave for both spouses and $4,000 baby cash for a new baby. It encouraged workers to drop by at any time
Performance Review: Facebook conducts performance reviews every six months to formally collect insights from an employee's managers and closest colleagues.
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Facebook hrm policies

  • 2. History Facebook (FB) is an American for-profit corporation and online social media and social networking service based in Menlo Park, California. The Facebook website was launched on February 4, 2004, by Mark Zuckerberg, along with fellow Harvard College students and roommates, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes.
  • 3. Employees are a high value corporate asset: Facebook funds and implement each one of the crazy and unique things and ideas. Quantifying the value of employees i.e. Facebook has taken the time to put a dollar value on its employee assets and skills
  • 4. Provide employees amazing choices: Facebook offers its new hires the choice to choose the team in which he/she wants to work with. Hackamonth self-directed internal movement It allows employees who have worked on a project for a year to select their own next project team and after working with them for a month, if they like it, they can stay.
  • 5. Contd. : Free ice cream and cookies A global array of food- Its 3,000+ employee population includes a large number of younger people from all over the world, it makes sense that it offers food day and night that fits every global fast food group.
  • 6. A focus on excellence in recruiting: It is ranked the No. 1 employer brand In 2013 Facebook was listed as the No. 1 employer brand by Glassdoor for having the most satisfied employees. It was No. 1 because its employees are Challenged every day to do your best work and The companys leadership truly believes in Facebooks mission to make the world more open and connected. Contest-based recruiting reveals what an applicant can build
  • 7. Economic rewards and employee benefits : Facebook offers 21 days of paid time off each year (essentially a month off) for even new employees. It offers four months paid parental leave for both spouses and $4,000 baby cash for a new baby. It encouraged workers to drop by at any time
  • 8. Performance Review: Facebook conducts performance reviews every six months to formally collect insights from an employee's managers and closest colleagues.