Term Paper: Human Resources: Eastman Kodak

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Human Resources: Eastman Kodak

In order to understand why the human resource function of a company is so important, it is necessary to understand the fact that many companies have, in recent years, been spending less time on human resource management and more time on finding more ways to make a profit. Because of this, there have been changes that have been made to the human resource function. One of the most significant changes that is taking place in the world today is outsourcing. This involves sending many of the company's jobs to other countries where the labor is less expensive and the work can get done for a lower cost. One company that has done this, and thereby changed the way that their human resource department works, is Eastman Kodak. This company has been around for some time, but the changes that they have made when it comes to outsourcing have been relatively recent. Human resource management is still difficult to fully understand, however, because there are many nuances to it, and also because people are very different from one another and react in many different ways to changing ideas and plans within a company.

A certain amount of strategic decision making revolves around Human Resources, but people are far more complex than some descriptions would suggest. After all, it is people who own the businesses, manage the businesses, and make the businesses work. Compensation is perhaps the dominant reason that employees are willing to sacrifice nearly a third of their productive years for the benefit of others. Compensation also has a number of meanings. Salary, of course, is important, but other forms of compensation come by way of fringe benefits like paid vacations, paid sick days, and other forms. Employees generally come to work regularly and put forth such an effort for more than just their income. They also wish to satisfy deeper needs that they have regarding their… [END OF PREVIEW]

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Human Resources: Eastman Kodak.  (2005, August 24).  Retrieved June 18, 2019, from https://www.essaytown.com/subjects/paper/human-resources-eastman-kodak-order/32208

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"Human Resources: Eastman Kodak."  Essaytown.com.  August 24, 2005.  Accessed June 18, 2019.
https://www.essaytown.com/subjects/paper/human-resources-eastman-kodak-order/32208.