Performance management in HERSHY'S

Performance Management IN Hershey’s 

The Hershey Company traces its origins to the 1880's, when Milton S. Hershey founded the Lancaster Caramel Company in Lancaster, Pennsylvania. After seeing German-made chocolate-processing machinery at the World's Columbia Exposition of 1893 in Chicago, Hershey decided to go into the chocolate business.

PERFORMANCE

1. Creating a Review of the Job Description and Duties;
2. Setting Performance Expectations;
3. Keeping Performance on Target;
4. Realigning Performance if necessary; and
5. Ensuring a Comprehensive Performance Evaluation Meeting takes place.
Proper training of all staff and managers is crucial to the implementation of an effective management system. The redesign of Hershey’s performance management system is to be recommended for its participatory and “inter-active” management system. 
 The system’s design relates to how young staff members need for challenge, autonomy, and results is satisfied by permitting them to set company goals and track progress on projects. 
Human resource trends: In general terms, critical trends in human resource management include how to retain and reward the best employees, how to develop the next generation of company leaders and how to develop a company culture that will attract the best talent in the industry.
 Firms in recent years have moved toward an inclusive culture.  Although by inclusive in this context is meant, allowing all staff members to participate in the firm’s development.  
Many top companies, and even government agencies, are asking employees in all occupations, to voice their opinion on topics related to the issues most pertinent to the firm’s future success.
The human resource trends most relevant to Hershey’s business model would be the last: how to develop a company culture that will attract the best talent in the industry. 
 Hershey’s emphasis on diversity, mentoring, team building and fun, is meant to make the workplace into a welcoming environment. 
 Most private-sector managers have determined via many studies, reviews, and interviews, that low morale and general employee dissatisfaction are problems endemic to the 21st-century workplace. 
Few employees would knowingly choose to seek employment in such workplaces.  However, Hershey has promoted a corporate culture that would attract workers that seek a deeper sense of fulfillment in their work lives and a deeper sense of social and professional connection to their co-workers.
Compensation
Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. HERSHEY CO income statements for executive base pay and bonus are filed yearly with the SEC in the edger filing system. HERSHEY CO annual reports of executive compensation and pay are most commonly found in the Def 14 A documents.
Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.
Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

the Hershey Company Sales Officer Salaries

Average annual salary for Sales Officer in The Hershey Company is INR 4.9 lakhs in India. Salary estimates are based on 61 The Hershey Company salaries received from various employees of The Hershey Company.

Average salary of an employee at Hershey India is ₹24.8lakhs.

Employees at Hershey India earn an average of ₹24.8lakhs, mostly ranging from ₹9.1lakhs to ₹44.2lakhs based on 14 profiles.

Employees at Hershey India earn an average of ₹24.8lakhs, Most employees earn from ₹9.1lakhs to ₹44.2lakhs


43% of employees lie between 36-41 yrs . 43% of the employees fall in the age group of > 41 yrs .

21% of employees have skills in business development . 21% also know microsoft office . 14% also know marketing .


Salary Profiles
CompanyTitleExperienceAnnual SalarySchoolGenderLocationSkills



16


₹24.0lakhs


Male

Bangalore




17


₹14.9lakhs


Male

Mumbai




20


₹24.4lakhs


Male

Hyderabad




13


₹27.9lakhs


Male

Mumbai




23


₹24.5lakhs


Male

Bhopal




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