American Express
...ress invests in; Compliance, which monitors all the American Express human resource activities to ensure that they meet government requirements; Global Talent which, assists in the organization to help attract new talented employees to the company; and Executive Resources which, create programs aimed to strengthen the quality and skills of the leadership team. Human Resource also has many areas to help benefit employees in the company. They provide counseling, advising, and support to those who need answers, those in conflict or simply in a situation in which they are not sure what to do. They also offer health and medical services, like physicals and wellness programs. American Express provides many different job fields in its company, and believes that if an employee excels in his/her work, they will be rewarded. Some will have a pay increase, bonuses, incentives, promotions, etc. But if an employee feels that he/she can improve on some of its skills, they can join some training workshops that include Leadership Training, Diversity Training, Management 101, Change Management, and others. Many find these workshops very helpful and it improves people’s knowledge on these topics. American Express also offers the 401K-investment plan, where they take a percentage from your annual wage and save it for your retirement plan. That way, by the time you retire, the company has a lump sum of money set aside for you. American Express Human Resource department found that there’s a direct correlation between their employee programs on financial planning principles and employee or company improvements. They found that employees have less stress, greater productivity, increased employee satisfaction, greater employee participation in its work, and better knowledge of how to financially benefit them. They also surveyed their employees, and discovered that after taking these financial programs, 56% of employees who participated said they have a better perception of their financial situation; 70% believed that the program help change their investment strategy; and that 75% reported that they feel they are making wiser financial decisions. The company strongly supports the idea of continuing education. They encourage employees to take advantage of the Educational Assistance Program. This program offers tuition reimbursement to certain employees who meet the requirements: one year of company service. This way, employees can continue their education and be paid for i...