Human resources management Research Paper Example | Topics and Well Written Essays - 500 words

Human resources management - Research Paper Example Mayo Clinic is one of the top 50 companies in the United States. This position represents the success of the company in terms of employment, revenue, and profitability. The current number of employees at the company is estimated to be around 61,100 (Mayo Clinic). This number comprises staff physicians, scientists, residents, fellows, students, and allied personnel in clinics and hospitals. In terms of revenues and profitability, Mayo Clinic has revenue of around $8.8 billion, an estimated profit of $395 million, and benefactor contributions of around $245 million. On its part, NuStar Energy is a leading company in the energy sector. This company ranks in the second half of top 100 companies in the United States. NuStar Energy is headquartered in San Antonio, Texas, and undertakes business operations in at least six countries (NuStar Energy). The company’s progressive growth came after it went public over a decade ago. Today, NuStar Energy has at least 1,900 employees, and its revenue standings are in excess of $6 billion. In light of the above discussion, human resources are critical to the success of any given organization (Noe et al. 91). Mayo Clinic’s human resource policies are aligned with the organization’s objective of enhancing patient care, education, and research. To do this, the company employs diverse and dynamic human resource strategies. Notably, Mayo Clinic works with physicians, scientists, fellows, students, and allied health practitioners. This allows the company to diversify its human resource approach towards long-term effectiveness, efficiency, and success. Most importantly, the company understands that remuneration and employee rewarding are significant in the health care sector. The company’s benefits include comprehensive health benefits to employees over and above part-time or full-time pay. Work hours are divided into up to three shifts of around eight hours per shift. In terms of pay,