IKEA

is a privately-held, international home

products retailer that sells flat pack furniture Accessories 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.

History
IKEA 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 Mission

vision 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.

ission 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-worker
Co-workers: the most valuable asset Commitment
To being a good employer
Offer safe and healthy work environment

Annual company-wide survey : vOICE

Anonymously conducted To learn about the satisfaction level Motivating factors Areas to develop

IKEA Leadership Index

Spotting & Encouraging Talent

To increase diversity and expand the pool of upcoming talent
IKEA has the Backpacker Programme
+200 project Global mandatory guidelines for compensation and benefits

Backpacker Programme
Backpacker Programme is run by IKEA to increase diversity and expand the pool of upcoming talent Under this programme
Co-workers nominates themselves Online global tool to assess nominees Finally National Human Resources team finalize the 200 young potentials Then one-year trainee programme in two different countries

50/50 ration is followed in above programme It is expected to run for 5 years

+200 Project
It has the objective of
identifying internal candidates As potential successor to top 200 management position

Global Mandatory Guidelines

These guidelines are mandated to offer a competitive and transparent compensation and benefits
That attract , motivate and retain talent at IKEA

Work Environment
Features of IKEA work environment
Safe and healthy work environment Safety of Customers and co-worker :- The Top Priority Required training and access to safety tools and safety-gears

Training includes
Evacuation training Equipment and machinery guideline Mock training on handling threats such as
Bomb threats Robbery situations

Safety committee with co-worker representative

Risk Manager

Workforce at IKEA
Diversity
IKEA has 800 managers from around the world
With more than 50 different nationalities

Opportunities are provided by IKEA

To develop co-workers both professionally and personally New challenging task to encourage Annual development talk

Competence Development
Orientation and placement On-the-job training Tradition classroom methods E-learning centre

Contd..
Access to relevant information
Internal communication mechanism Global co-worker magazine
Read me translated into 19 languages

Work life balance : to achieve the same

Flexible working hours Part or full time work Job sharing

Recruitment at IKEA