Savannah Engineering, Inspection and Insurance Company

project scenario involving Savannah Engineering, Inspection and Insurance Company (SEIIC). The main scenario is provided, below, in the Week 1 instructions. The assignments will progress from one week to the next during the course.

Course Project Scenario

Savannah Engineering, Inspection and Insurance Company

Savannah Engineering, Inspection and Insurance Company (SEIIC) is one of America’s oldest insurance companies specializing in equipment inspection and insurance for companies in the manufacturing, transportation, and energy sectors. Founded in 1873 and named for the first steam-powered ship to cross the Atlantic, SEIIC has grown to become a global leader in the application of engineering principles to safety and risk management. With more than 4,500 employees in 14 principal offices and 55 field locations around the world, SEIIC stands ready to meet industry needs on any continent.

More than 50% of the SEIIC employees have an engineering or technical background. Accordingly, college recruiting and training are major features of the HR program. Although SEIIC has been known as a great place to work, turnover/retention issues need constant attention in the highly competitive labor market for technical personnel. In the past, the organization was also known for outstanding customer service and for building long-term relationships with its many business partners. However, this image has slipped in recent years as the organization and market have undergone significant change and SEIIC has struggled to respond in effective ways. As a result, SEIIC has decided to undertake a complete updating of its human resources management practices.

To accomplish this effort, the company wants to investigate emerging trends in HR and to identify best practices for major HR processes.

To accomplish this investigation, the organization has divided the project into five components as follows:

Week 1: Exploration of the domestic organizational environment including economic, legal, cultural, global, and technological trends (Week 1, due 12/2/24)

Trends and best practices in recruiting and staffing
Trends and best practices in training, performance management, and career management
Trends and best practices in compensation and benefits
Trends and best practices in international HR management

Full Answer Section

       
  • Employee Experience:
    • Focusing on candidate experience to attract and retain top talent.
    • Utilizing employee value proposition (EVP) to differentiate the organization.

Best Practices in Recruiting and Staffing

  • Employer Branding:
    • Developing a strong employer brand to attract top talent.
    • Utilizing social media and content marketing to promote the company culture and values.
  • Talent Acquisition Strategies:
    • Implementing effective sourcing strategies, such as referrals, social media, and job boards.
    • Using data analytics to identify and target high-potential candidates.
  • Talent Assessment and Selection:
    • Utilizing validated assessment tools to measure candidate skills and abilities.
    • Conducting structured interviews to ensure a fair and consistent evaluation process.
  • Onboarding and Integration:
    • Developing a comprehensive onboarding program to facilitate a smooth transition for new hires.
    • Providing ongoing support and mentoring to help new employees succeed.
  • Employee Retention:
    • Offering competitive compensation and benefits packages.
    • Creating a positive work environment that fosters employee engagement and satisfaction.
    • Implementing career development programs to help employees advance their careers.

Recommendations for SEIIC:

  • Leverage Technology: Utilize HR technology to streamline recruitment processes, improve candidate experience, and enhance data-driven decision-making.
  • Focus on Employer Branding: Highlight SEIIC's unique culture, values, and opportunities to attract top talent.
  • Invest in Employee Development: Offer a variety of training and development programs to upskill and reskill employees.
  • Prioritize Diversity and Inclusion: Implement strategies to attract and retain a diverse workforce.
  • Measure and Evaluate: Track key metrics, such as time-to-hire and employee retention, to assess the effectiveness of recruiting and staffing strategies.

By embracing these trends and best practices, SEIIC can strengthen its talent acquisition efforts and build a high-performing workforce.

Sample Answer

     

Week 2: Trends and Best Practices in Recruiting and Staffing

Emerging Trends in Recruiting and Staffing

  • Digital Transformation:
    • Leveraging AI and automation tools for efficient candidate screening and recruitment.
    • Utilizing social media platforms to connect with passive candidates and build employer branding.
  • Remote and Hybrid Work:
    • Adapting recruitment strategies to attract remote and hybrid workers.
    • Implementing effective remote onboarding and training processes.
  • Diversity, Equity, and Inclusion:
    • Prioritizing diversity and inclusion in recruitment and hiring practices.
    • Implementing unconscious bias training for recruiters and hiring managers.