Analysis of Human Resource Management at Apple Inc.

Running head: ANALYSIS OF HUMAN RESOURCE MANAGEMENT
ANALYSIS OF HUMAN RESOURCE MANAGEMENT
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ANALYSIS OF HUMAN RESOURCE MANAGEMENT
Table of Contents
Introduction....................................................................................................................2
Process of internal equity establishment........................................................................2
Ways of determining the pay for employees..............................................................3
Benefits received by employees.....................................................................................4
Effectiveness of the compensation program..................................................................5
Recommendations..........................................................................................................7
Conclusion......................................................................................................................7
References......................................................................................................................8

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ANALYSIS OF HUMAN RESOURCE MANAGEMENT
Introduction
Apple is a multinational organization of American origin which operates in the
technology industry. The company was founded in the year 1976 by Steve Wozniak, Steve
Jobs and Ronald Wayne. Apple was mainly developed for the purpose of building personal
computers and was incorporated with the name of Apple Computer Inc. in the year 1977 in
the month of January. The company then started building other major products like, iPod,
iPad, Apple Watch in the hardware section and macOS, iOS, iTunes, iLife, iWork in the
software section (Apple. 2018). Apple also provides many types of online services which are
appropriate for the customers of the company all over the world.
The organization is known in the industry for various innovative products that are
provided to the customers. The employees are most important part of the innovative
capabilities that are built by the company in the industry. The report will be based on the
ways by which the company aims at developing the compensation system that is designed for
the employees. The fairness of the pay system of Apple will also be discussed in detail in the
report (Samnani & Singh, 2014).
Process of internal equity establishment
The effective levels of compensation that is provided to the employees needs to
balance two major factors that are, labour related costs and the motivation provided to
workers. The management needs to take into consideration both the internal equity and the
external equity for the purpose of developing a plan for the pay and compensation that is to
be provided to the employees. External equity is related to the comparison that is made
between the pay structures of other companies (Belogolovsky & Bamberger, 2014). Internal
equity on the other hand refers to the fairness that is ensured for the pay that is provided to
the employees who are a part of similar types of jobs. The culture of the organization affects