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HR Practices in Paypal

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					HR Practices in PayPal
                 Team Number
Best Practice

• Allows an employee to share and trade knowledge
  and opinions on selected trends within the payments
  industry

• Employee caring organization

• Employees are empowered to make the decisions
  which lead to innovation

• Celebrations even for small achievements that makes
  employees feel special
Hiring phase
• Strong emphasis on talent, intelligence, diversity,
  creativity, individuality and idealism while hiring

• Defined hiring governance framework that engages
  the respective functional teams and a certified and
  trained hiring panel
Sustainable results-PayPal
                        Strategy
                      formulation




       Continuous
       improveme      Sustainable     Assessment
           nt
                        results



                    Change planning
                         and
                    implementation
Special Facilities for Employees

• Work from home

• Job security

• No tracking of attendance at work place

• Work life balance

• Empowerment of employees
Employee’s perspective

PROS
                                                       CONS


 • Free fountain
   drinks/coffee/beverages
 • Free on site gym
 • ESPP/RSU/401 K ( 100% match   • Stressful and fast paced
   for first 4%)                 • No work/life balance.
 • Nice and clean buildings        Promotion to People who
 • On site cafe                    they know, not based on
                                   knowledge and
                                   performance
                                 • Lots of office politics.
Reasons for the downfall
• Gap between the employer and employee
  perspectives

• Negative impact of PayPal among customers and
  prospective employees(PayPalSucks.com)

• Satisfies the physical needs but not psychological
  needs of the employees

				
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posted:7/30/2012
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