Explain Publix organizational performance based on human capital, and recommendations and improvements of organization practices.

Expert Solution

Organizational performance based on human capital of any organization is displayed by the way the employees thrive in the company. Lower attrition rate and happy employees exhibit a good performance of the company.

Based on survey conducted by Greatplacetowork company, following are the statistics of the organizational performance of Publix based on human capital:

93% employees feel their efforts are effectively recognized and rewarded at the company
92% feel autonomy and empowerment, working at Publix
94% feel proud to be associated with Publix
88% consider company as great place to work
Publix has career longevity of employees. The average tenure of a store manager at Publix is around 25 years
Average turnover rate is mere 5% while that of the overall industry is 65%

The above factual data clearly represent that Publix is doing exceptionally well with respects to human capital.

Recommendations for Publix to enhance its organizational performance:

Publix can think of more creative ways of rewarding employees
More efforts can be taken to improve work-life valance of employees

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