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Impact of Paid Paternity Leave on OODA Company

   

Added on  2022-12-05

14 Pages2762 Words497 Views
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Running head: Human Resource Management
Human Resource Management
Name of the Student:
Name of the University:
Author note:
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Impact of Paid Paternity Leave on OODA Company_1

Human Resource Management1
Table of Contents
Introduction..............................................................................................................................................................2
Discussion................................................................................................................................................................2
Impact on Strategic Direction and Operations.....................................................................................................3
Impact on Employees..........................................................................................................................................4
Impact on Human Resource System....................................................................................................................5
Evaluation of the Paid Parental Leave Program..................................................................................................7
Amazon Paid Parental Leave Program................................................................................................................8
Conclusion...............................................................................................................................................................9
Reference...............................................................................................................................................................10
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Human Resource Management2
Introduction
The current assignment focuses on conceptual model of human resource management in organizations.
The topic chosen for the assignment is Total Rewards/Compensation. The assignment predominantly highlights
the key instance of paid paternity leave in OODA Company. It describes the purpose of paid paternity leave
and what impact does it put on OODA Company. It also describes the impact on other dimensions and on HR
operations of the organization. Strategic frameworks and concepts are demonstrated in the study in order to
extract clear understand and relevance to the study. The study aims at understanding the key prospects of
compensation management concept and it is practically implemented in the organization.
Discussion
Concept of Total rewards/Compensation
In the ever-increasing business world, there are numerous challenges faced by organization. The key
issue which is faced by modern business organizations is with their human resources that is employees in
organization. Therefore, in order to manage the human resources, the organization go for advanced strategies
and operation. The total reward is an approach practiced in organization is a broad concept that enrolls all the
tools to retain, motivate and attract potential employees in the organization (What to Expect 2019). Generally,
the total reward is represented in monetary values and non-monetary reward. The total reward encompasses
these components such as compensation, work-life benefits, talent development, recognition and benefits
(health and insurance).
One such benefit of total towards which the company OODA must focus, is on paid paternity leave. The
paternity leave can be defined as the leave period which is reserved for fathers after the child is born or shortly
before the child is born (Rewards, 2019). The key purpose of the paternity leave is to allow a potential and
eligible employee a short period of paid leave to take care of the new-born child.
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Human Resource Management3
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