Question

Q2. Express your view with theoretical explanation for the following:
a) Why organizations must consider CSR (Corporate Social Responsibility) as a
strategic alternative? Apply the triple bottom line concept to an organization of
your choice and analyze the strategic intent of the selected organization by using
the CSR sux stage process.
b) How Employee Engagement can directly influence the organizational performance?
What value does Employee Engagement brings for the Employees as well as the
Employer?
c) Explain with examples how pay variations and broad banding can we be effectively
used as a total rewards external and internal key driver.

Answer 1

By and large the Corporate Social Responsibility is the voluntary efforts of businesses to incorporate social and environmental concerns into their overall activities and relations with stakeholders and its noble steps towards socio cultural,environmental upliftment.I think each and every organization must consider and working towards CSR.In current scenario how the companies manage their business processes towards positive impact and betterment society.Strategically organizations take steps towards CSR that in favor of larger interst social values and issues rather earning profits.Mainly organizations are strategiging the CSR activity in terms of philoanthropic,environmental conservation,diversification and equality of labor practices and volunteerism.Now CSR embarked upon that keeping company's image high and building strong brand.Social resonsibility is the power of empowering the employees to leverage the corporate resources to do good and noble one.By encouraging formal CSR that helping to boostemployee morale and lead to deliver the better productivity.If strategically working towards CSR then theorganization gained many positive things like strong brand recognition,best business reputation,increasing customer loyalty and sales,better financial performance to save operating costs,attract best talents and retain.Yes I strongly belive that CSR is the strategic alternative to follow and maintain.In result fostering the voluntary efforts of businesses to incorporate social and environmental concerns into their overall activities and relations with stakeholders,stakeholders are could be anybody.So CSR is the primary a strategy of large corporations and interests.

So if we can see the triple bottom line concept to an organization that every organization aim for Profit,People and Planet.Every organization must look into these things.By virtue of CSR working for the three Ps,must go through some processes like :

Fully enthusiasm that the objective of CSR that the initiative towards the heart of your business, and engage with every department to ensure it is a success and being a silo within a business to being at the core of everything that a responsible business does.

It starts from within(like charity begins at home) implies that empowering the staffs to volunteer and culture. Research has shown that volunteering is one of the best ways to improve employee engagement and job satisfaction which leads to increased productivity and reduced sick leave.

Collaberation that indicates the greater reach of supply chain to the partners regionally and nationally.So the main reason which resonates with your supply chain and invite partners to collaborate to have a greater impact on society and tackle them to greater cause of poverty, deprivation, homelessness, loneliness and green initiatives can only be seriously helped if we work together.

Motivation and Inspiration the impact of CSR that combined the actions towards the community through website, social media, videos, blogs and, if relevant, in-store messaging to share the story. Invite customers to volunteer side by side with the staffs.

FInd the fit that raise the awareness and help identify a good fit by inviting customers to vote for the project they would like to see supported the most, either online or in store.

Celebration and Promotion,at the end after fully processed the CSR then the organization reached the goal and celebrate this among the staff and promote in larger interest of the society.

So it shows the how tyhe CSR sux process worked together and reached the goal ultimately.ction and

b)In large the employee engagement would influencee the efficiency and productivity of the organization.Its true and result oriented and spread the awareness of business context, and works with colleagues to improve performance within the job for the benefit of the organization and that initiative has a direct impact on the organization's productivity. Organizations focus on their deadlines and getting work done instead of focusing on the level of employee engagement in their organization and tend to forget that it is also important for employees to be enthusiastic about what they are doing.A single engaged employee can contribute a lot more to organizational productivity than ten disengaged employees. Here’s how employee engagement can have a positive impact on your business.By doing so there is increasing the satisfaction job and proved to be the happy employee and lead to the better employee retention and talent aquisition,improvement of customer satisfaction and great brand value and also develop the innovative work approach.So this shows the positive result how employees got engaged and the positive impact for the organization.

c)Pay variations or pay broad banding that reduce the awareness of external market salary rates or structure,leads to lack of promotion within the organization and it allows to icrease pay structure and offering more and more opportunities for traing and development without promotion.If we can analyze from other angle of disadvantage the it allows to reduce employee promotion,decrease pay rates,and reduce managerial flexibility of work assignment.The internal co-values of this to compare the pay between the people in same organization as well as outsider externally. In variable portion of sales compensation determined by employee performance. When employees hit their goals and achieved the target, variable pay is provided as a type of bonus, incentive or commission.On the other hand base salary or pay, is fixed and paid out regardless of employees meeting their goals.

In conclusion that the pay variation and broad banding that have great impact on employee as well as the productivity of organization internally and externally.