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JB HI-FI: Performance, Culture and Employee Engagement Initiatives

   

Added on  2022-10-10

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JB HI-FI

JB HI-FI 1
Introduction
JB HI-FI Limited is a publicly listed company under Australian exchange that sells
consumers goods. It operates the business in two countries and those are Australia and New
Zealand. The main headquarter of the company in Australia in its capital Melbourne. The
company mainly operates in retail industry that was founded in Australia to earn the high
revenue. In the year 2016, the company earned operating income $221 million and net
income is $152 million that states the organization is growing in its future. The company
mainly delivers the consumer electronics and the others major or small appliances. It also
takes several initiatives for employees with the motive to bring out the best facilitates for
employees. As per the employees review, it is observed that many of the employees are
satisfied and happy to work with company. It has been found that the company does not
provide the services to consumers but also deliver the services to the government, corporate,
and in the wholesale market as well. It also delivers the services in hospitality and education
sectors (JB HI-FI, 2019).
Performance initiative taken by JB HI-FI
It is true that performance of employees helps the company in achieving growth. Due to this,
JB Hi-Fi has taken several initiatives for the performance of employees. In the past two years,
it has also worked in the several safety measures (Wallace, Hunt, and Richards, 2019). While
working in the organisation, it believes that safety increases the motivational level of
employees to work more (Phadermrod, Crowder & Wills, 2019). In day-to-day working,
employees are given the improved safety standards. It has also undertaken the training as an

JB HI-FI 2
essential aspect for the performance improvement. Due to this, Training has been provided
for the development of management (Ali Taha, Sirkova & Ferencova, 2016). Besides this, it has
also invested the huge amount in the up gradation of technology in order to reduce the
hazardous task. It is also found that Jb Hi-Fi has also taken the initiative in 2008 by providing
the opportunity to around 12,000 employees the chance to donate to charity partners. This
involves the 80 per cent of the people. Due to its strong influence and performance initiative,
it is seen that staff members feel proud to be the part of this organisation (Probono Australia,
2018). Employees also feel more engaged at the workplace. It believes that workplace giving
programs are one of the efficient, easiest as well as ethical ways of business to engage the
employees in building relationship. The initiative of helping hand program of JB Hi-Fi has
saved $8 million in order to improve the employee retention and engagement. It also
provides the proper review of the systems and processes by giving focus on the policies as
well as procedures. These benefits as well as initiatives taken by the company help the
employees to get motivated and thereby improve the performance (Mone, and London,
2018).
Culture initiative taken by Jb Hi-Fi
The electronic retail giant named Jb Hi-Fi works on the gender policies in order to boost the
number of women in its organisation. It is the most effective cultural initiative taken by the Jb
Hi-Fi. It has also brought some of the changes in its culture. Some of the initiative includes
the development of flexible and part time work practices especially for the women who
coming to organisation after the leave of maternity (Ali Taha, Sirkova & Ferencova, 2016). The
participation of women has also been encouraged by the female stores in order to increase the
participation of females in leadership development programs (HRD, 2018). It also give
regular focus on the enhancement if safety culture. Due to this, development of safety

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