Public Traded Company and its Human Resource Management

Contents

Fisher Communications4

Discussion5

Human Resource Management Strategy5

Leveraging Human Capital to the Financial Performance6

Impact of Legal and Regulatory Environment on Employees6

Hiring and Employee Retention Strategies6

Training and Development Programs7

Training Program for the Company's Management Team8

Fisher Communications Compensation Strategy8

Competitive Advantage by Employing a Diverse Workforce9

Human Capital Strategy for Fisher Communications9

Human Resource Management- An Overview10

Importance of Compensation and Business Strategy11

Administration of Employee Separation and Retention Plans12

Technological Issues in HRM12

References14



Abstract

This paper aims to give a detailed review and analysis of the Annual report of Fisher Communications (Private Limited Company). The company serves in the media and communications market and is based in the United States. An overall analysis of the company's current situation, policies, Human Resource management and strategies would be done in the paper. Also, an overview on the current recommended practices in HRM would also be discussed. The primary source of information and data is the company's latest Annual report published in December, 2011. The paper intends to thoroughly analyze the different areas of its operations, primarily the human resource management of the company and also reviews the policies of the company and gives recommendations to enhance their operations.

Public Traded Company and its Human Resource Management

Fisher Communications

Fisher Communications is based in Seattle, Washington and is responsible for creating, distributing and aggregating entertainment information to a broad and diverse range of audiences.

Currently, the company operates more than 20 television stations. These channels also include their network affiliations with other major companies i.e. CBS, ABC and FOX etc. The company also has eight radio channels that cover a wide range of audience across the country. The Interactive Network of Fisher produces more than 125 local and hyperlocal websites and also provides a wide range of solutions related to advertising, media and communications to local businesses based in Washington. The headquarters of the Company is at Fisher Plaza, a 300,000 square foot telecommunications, media and data facility in Seattle, WA.

Fisher Communications was founded in 1910. Soon, the company began a flour milling operation and invested in other Northwest businesses. In the year 1926, a radio station named 'KOMO' made its first broadcast. The company expanded by buying different radio channels and starting television broadcasting stations. Later, the company also indulged in property management and Real estate operations. Fisher Communications is part of the rich history of the Northwest region of the United States.

The company enjoys a legacy of serving the communities it operates in. It also sets high standards for innovation and journalistic excellence. Fisher envisions making life better in the communities served by connecting and empowering people through local news and information.

Fisher expects each and every employee to contribute to the best of their ability. Dedication and commitment are highly appreciated at Fisher for providing its customers with quality channels, radio stations and other industry related products. Fisher Communications is committed to innovation, quality and the discipline of strong financial stewardship (Fisher Communications, 2011).

Discussion

Human Resource Management Strategy

The company follows a strict Human Resource Management strategy and the company's ...