Topic > Mars Incorporated - 1175

Company Overview (ERICK)Frank Mars founded the third largest private company in the United States in 1882. Mars Incorporated was voted #76 on the 100 Best Companies to Work For in 2014. With global revenue With revenues of 33 billion in 2012, the company has established itself as one of the most successful family businesses in history. The previous year they were ranked 95th, indicating a steady rise in the rankings. The company originally specialized in the production of quality chocolate products; they have constantly evolved in some specific and different ways. They currently produce 7 of the top twenty chocolate snacks, their products are sold in more than 180 countries around the world and they generate annual global sales of $80 billion. However, as the company evolved, they expanded their business to begin producing pet care products, chewing gum, candy, and food and beverage products. The company claims to make 200 million consumer transactions per day, despite its extreme reach across the globe, it is also one of the companies with the most transactions in the world. The owners are three multibillionaires who are all reportedly in the top 20 richest Americans. Mars is one of the premium companies to work for due to a number of factors. Employee treatment is known to be one of the most effective in the world. This, along with a multitude of effective leadership, creates a wonderful work experience for all employees (Kaplan, 2013). Motivational Strategies and Tools Work-Life Balance Being one of the leading brands on a global scale, the company aims to create a very distinct work-life balance at home. The company knows that happy employees are more likely to be more enthusiastic about creating great products effectively if they have a good… middle of paper… although the company not only can, but is actively encouraged by management. The main thing that sets Mars apart is that every employee is willing to learn and grow. It is not uncommon for younger employees to give advice and lessons to older managers; this usually involves improved social media or other technological advancements. Managers believe that if it will help move the company forward, why not improve their knowledge (Kaplan, 2013). ReferencesKaplan, D. (2013, January 17). Mars Incorporated: A really nice place to work. Retrieved from http://management.fortune.cnn.com/2013/01/17/best-companies-mars/?iid=bc_lp_toprrBrenner, J. (2000). The Choclat Emperors: Inside the Secret World of Mars. (1 ed.). New York: Broadway Books. Rewards and benefits. (n.d.). Retrieved from http://www.mars.com/canada/en/careers/rewards-and-benefits.aspx