Friday, May 24, 2019

Case Synopsis: A Steely Resolve Essay

Nucor is a steel manufacturing company that makes steel by recycling used metals and reforming them into new beams and sheets. Nucor has long had a reputation as a good place to work, although its human resource management policies have generated some controversy. Employees are paid by how much they produce, the more(prenominal) they produce the more they make. Yearly bonuses are based on overall company performance. Employees can choose how hard they work and have a good deal of end making authority.The company gives employees final say on issues such as halting the process when an error is detected or a possible equipment ruin may occur. Further, employees have a significant voice in matters of company policy that affect them. The company has a no-layoff policy, but employees feel the effects of a recession in their paychecks. The current recession has reduced orders at Nucor by 50%, which means employees are seeing up to a 46% decline in their take-home pay, a bite that most o f them cannot afford.Nucor is using this slow period to catch up on and get ahead of maintenance, to write and fiat safety manuals and to replace contract companies who did work such as landscape care and janitorial service with regular Nucor employees. By doing these things they help sustain their employees through this unwieldy time and they prepare their manufacturing plants to gear up quickly to meet increasing demand as the recession ends. Nucor has traditionally enjoyed extremely loyal employees, and they hope that obedience will sustain the company through this downturn and will celebrate with the company as the economy recovers.Questions1. What factors likely contribute to employees job satisfaction and organisational commitment at Nucor?2.How would you describe Nucors organizational culture?3. What terminal and instrumental values do you think are important inNucors culture?4. How might managers levels of emotional intelligence influence how they treat employees at Nucor ?

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