A Study of HR Practices and Employee Learning at Ernst & Young
VerifiedAdded on 2023/06/14
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Essay
AI Summary
This essay examines human resource management (HRM) practices at Ernst & Young (EY), a leading global accounting firm, with a focus on employee development and career growth opportunities. It highlights EY's internal policies, such as lateral transfers, vertical promotions, internal training, and social welfare programs, which are designed to foster a learning environment and motivate employees. The essay also emphasizes the importance of informal learning at EY, facilitated through workforce diversity, access to a company library, cross-departmental mobility, student intern programs, 360-degree feedback, work shadowing, mentorship, and specialized programs like the Aspire Program and EY Vantage program. It underscores EY's belief in formalizing informal learning processes to differentiate employees and enhance their competitive edge, while acknowledging the necessity of combining formal and informal learning for comprehensive employee growth. The role of senior members in actively involving and guiding junior employees in projects and meetings is also discussed, emphasizing the lasting impact of informal learning experiences.
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