Valero Energy's HR Practices and Culture
|
|
ICMR HOME | Case Studies Collection
Case Details:
Case Code : HROB076
Case Length : 14 Pages
Period : -
Pub. Date : 2006
Teaching Note :Not Available
Organization : Valero
Industry : Energy and Utilities
Countries : USA
To download Valero Energy's HR Practices and Culture case study (Case Code:
HROB076) click on the button below, and select the case from the list of available cases:
Price:
For delivery in electronic format: Rs. 300;
For delivery through courier (within India): Rs. 300 + Rs. 25 for Shipping & Handling Charges
» Human Resource and Organization Behavior Case Studies
» HRM Short Case Studies
» View Detailed Pricing Info
» How To Order This Case
» Business Case Studies
» Area Specific Case Studies
» Industry Wise Case Studies
» Company Wise Case Studies
Please note:
This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.
Chat with us
Please leave your feedback
|
|
<< Previous
Excerpts
Working at Valero
Valero consistently found a place on the various lists of the best companies to work for in the US. In early 2005, Fortune magazine ranked Valero third among big companies and 23rd among all companies on its list of the '100 Best Companies to Work for in the US'.
|
In addition to this, the Great Place to Work® Institute, which produced the "100 Best Companies to Work for in America" list, also featured Valero at No. 23. According to analysts, Valero was one of the few big companies that genuinely gave employees preponderance over financial considerations. So much so that Valero's mission statement called employees its 'number-one asset' (Refer Exhibit III for Valero's Mission Statement).
Valero had one of the best compensation and benefits programs in the energy sector. The company was also proactive in creating and nurturing a 'caring and sharing' work culture that supported employees and encouraged them to contribute their best...
|
|
Commitment to Safety
That Valero cared about the well-being of its employees was reflected by its
high level of commitment to safety. The company laid down clear instructions
regarding safety at all its plants and supervisors were given the responsibility
for ensuring that all the workers were familiar with these instructions. The
company published 'Material Safety Data Sheets (MSDS)'for all the materials
that were used in its facilities. These contained detailed instructions about
the properties of the material being used, its composition and common uses,
identifications of hazards and safety precautions to be followed in using it,
and first aid related to the use of the material...
|
|
Community Involvement
Valero had an extensive community service program that gave employees
significant opportunities to participate in community initiatives on work time
as well as volunteer time. According to its mission statement, Valero wanted to
be a company that was known for giving back to community and community
involvement was seen by most employees as being central to the Valero culture.
In fact, according to company sources, the name 'Valero'was derived from the
Spanish word 'valor', which meant 'to be of worth'or 'to be of value'... |
Excerpts Contd... >>
|
|
