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IKEA is a privately-held, international home products retailer that sells

flat pack furnitureAccessories and Bathroom and kitchen items

In their retail stores around the world. The company, which pioneered flat-pack design furniture at affordable prices, is now the world's largest furniture retailer.HistoryIKEA was founded in 1943.The IKEA Concept began from 17-year-old Ingvar Kamprad, an entrepreneur from the Smland province in southern Sweden.And it is owned by a Dutch registered foundation controlled by the Kamprad family.The name IKEA comes from Ingvar Kamprad, plus the first letters of Elmtaryd and Agunnaryd(names of the farm and village where he grew up)

Vision and Missionvision is "To create a better everyday life for the many people.To meet this vision IKEA provides many well-designed, functional products for the home.It prices its products low so that as many people as possible can afford to buy them.Low price but not at any price is what IKEA says. This means it wants its business to be sustainable.Mission is "To offer a wide range of well designed, functional home furnishing products at prices so low that as many people as possible will be able to afford them.

Objectives of IKEA:To produce cheap and affordable product for the public/customers.Better life for those who can't afford expensive products.Ensure the customer finds what they are looking for in store.Low prices.

IKEAS co-workerCo-workers: the most valuable assetCommitmentTo being a good employerOffer safe and healthy work environmentAnnual company-wide survey : vOICEAnonymously conductedTo learn about the satisfaction levelMotivating factorsAreas to developIKEA Leadership Index

Spotting & Encouraging Talent To increase diversity and expand the pool of upcoming talentIKEA has the Backpacker Programme+200 projectGlobal mandatory guidelines for compensation and benefitsBackpacker ProgrammeBackpacker Programme is run by IKEA to increase diversity and expand the pool of upcoming talentUnder this programmeCo-workers nominates themselvesOnline global tool to assess nomineesFinally National Human Resources team finalize the 200 young potentialsThen one-year trainee programme in two different countries50/50 ration is followed in above programmeIt is expected to run for 5 years+200 ProjectIt has the objective of identifying internal candidatesAs potential successor to top 200 management position

Global Mandatory GuidelinesThese guidelines are mandated to offer a competitive and transparent compensation and benefitsThat attract , motivate and retain talent at IKEA

Work EnvironmentFeatures of IKEA work environmentSafe and healthy work environmentSafety of Customers and co-worker :- The Top PriorityRequired training and access to safety tools and safety-gearsTraining includesEvacuation trainingEquipment and machinery guidelineMock training on handling threats such asBomb threatsRobbery situationsSafety committee with co-worker representativeRisk ManagerWorkforce at IKEADiversityIKEA has 800 managers from around the worldWith more than 50 different nationalitiesOpportunities are provided by IKEA To develop co-workers both professionally and personallyNew challenging task to encourageAnnual development talkCompetence DevelopmentOrientation and placementOn-the-job trainingTradition classroom methodsE-learning centre

Contd..Access to relevant informationInternal communication mechanismGlobal co-worker magazine Read me translated into 19 languagesWork life balance : to achieve the sameFlexible working hoursPart or full time workJob sharing Recruitment at IKEA