There are companies which issue stock to their outstanding senior employees . In this way, the employees own a part of the company they work in. This leads to better income and participation in the company affairs by the employees. Hisense should also follow this policy as most modern companies provide the stock option to their outstanding performers .
There are many people who are concerned with what they would get when they retire from their present job. For some employees retirement can be a painful experience. However, companies are working towards getting rid of any such anxieties of their employees by providing them many options with regard to their retirement from the organization.
It can be understood from the above table that both Haier and Hisense care for their employees even after their retirement from the organization. This makes the employees feel more secure and cared for by the company. Employees feel more relaxed about their future as they work for these companies.
Businesses have evolved with time. The business environment has become more dynamic. There have been a lot of developments in the fields of technology and management. Enterprises want people who are more educated, skilled and also can withstand the pressures of a modern business organization. The management wants its employees to perform better and the employees have also become more aware of their rights and their worth. The companies are providing their employees with work that is more challenging and also satisfactory for the employees. Employees also have certain aspirations in their lives. In order to keep the employees happy at work, firms offer them a bundle of benefits and services that make their lives more comfortable and enjoyable. Modern business organizations have come with innovative ideas to meet the varied needs of their employees. This is also true in the case of Haier and Hisense.