Options Menu: Forum The Container Store is rated one of the best companies to work for in America. It has been rated no. 2 and no. 1 on the Fortune "Best Companies to Work For" list. This is remarkable for a retail company that sells containers rom very small to very large for organizing your home or workplace. The Container Store's hiring philosophy is quite simple. They believe that one great employee is worth three good employees and one good employee is worth three average employees. Thus, one great employee is worth nine average employees! As a result they are willing to pay a premium (100 - 150% above market) to get the best employees. My questions to you are as follows:
1. How do you feel about this as a hiring approach? Does it make sense?
2. At a dermatologist place of work, what HRM practices do you see employed in the areas of hiring and others that help the organization be successful?
3. If the organization isn't successful, do you think it has anything to do with the lack of effective HRM practices? Which ones and why?
4. If you could speak directly to the organization's chief executive officer about improving HRM practices, what would you recommend?