Overview of the Company (ERICK)
Frank Mars founded the third largest private company in the U.S in 1882. Mars incorporated has been voted 76th in top 100 best companies to work for in 2014. With global revenue of 33 billion in 2012 the company has established itself as one of the most successful family owned businesses of history. The previous year they were ranked 95th which indicates a steady climb up the rankings. The company originally specialized in making quality chocolate products; they have steadily evolved into a few specific different avenues. They currently produce 7 out of the top twenty chocolate snacks, their products are sold in more than 180 countries around the world and they make global annual sales of $80 billion. However as the company evolved they expanded their business to start making pet care, chewing gum products, confectionary, and food and drink products. The company says it does 200 million consumer transactions a day despite that extreme reach across the globe it is also one of the most company in the world. The owners are three multibillionaires who are all reportedly in the top 20 of richest of Americans. Mars is one of the premium companies to work for because of a number of factors. Their employee treatment is well known to be one of the most effective on the planet. This along with a multitude of effective leadership creates a wonderful work experience for all employees (Kaplan, 2013).
Motivational Tools and Strategies
Work Life Balance
As one of the leading brands on a global scale the company aims to create a very distinct balance between work and life at home. The company knows that happy employees are more likely to be more enthused to create great products effectively if they have a great balance to their life. Mars describes the nature of its operation as “Freedom, responsibility and a business to call your own.” They want each and every employee to truly treat the company as if they started it personally and they believe that in order to be successful every employee should be treated as if there were to be the next leader of tomorrow. Every employee has the chance to become a senior manager from the beginning. In order to create a growth mindset Mars removed their typical office environment to create accessible environments even back in 1943. The company offers gym facilities open 24 hours a day 7 days a week to employees. It is well known that one of the best most natural stress relievers is health and fitness. Research suggests that exercising regularly can improve your productivity at work and help mitigate work related stress. By allowing free gym membership to employees it allows them to de stress whenever they feel the need. There biggest key as a company is to make sure every employee is happy and engaged with their career at Mars. Being able to work flexible hours is at the forefront of Mars work life balance. They allow freedom and flexibility not only with the hours but also with their...