Example Of Penske Truck Rental Report

History

Business Description
Penske Truck Rental is an organization, which generally specializes on the serving truck leasing. It is known as interaction between Penske Corporation, Penske Automotive Group and General Electric on mutually agreed conditions (joint venture). The unit consists of over 2000 customer truck leasing places through the United States and Canada. The peculiarity of its business is in the provision of the paramount vehicle rental facilities at the paramount esteemed prices. In addition, the company offers the ability to acquire free boundless miles for the used rental service once and even 20% discount on upcoming orders. Penske Truck Rental service, is extensively familiar for its traditional yellow lorries with blue strips, delivers both profit-making truck leasing and customer truck leasing in North America.

Its customers are from North America, South America, Europe, and Asia.

The future goals of the Penske Truck Rental is to remain number one global rental provider, increase brand awareness, expand into other countries and set relations with proper organizations.

Hiring

Jeff Stoicheff is senior vice president of human resources at Penske Truck Leasing Co. His general obligation relates to the implementation and development of human resources strategy and associated actions for the company. He has 21 years’ experience with the company.
Being a transportation business frontrunner, the company values people a lot. It considers them the sources to the success with clients. Thus, Penske hires responsible, high-production, skilled and ambitious persons with a bottomless appetite for consumer service and high moral values. Such employees can be found in all 700 places in North America.
The company has vacant positions in the following areas, namely administrative, corporate, customer service, finance and accounting, fleet maintenance management, information technology, leasing operations, logistics engineering, mechanics and technicians, sales and operations management training program, sales and sales management, supply chain operations, truck drivers and warehouse. The jobs in each specified sphere require appropriate knowledge, the ability of problem solving and professional approach to the duties’ performance.
In order to hire employees, the company provides all necessary information on its website, where in the career section all vacant jobs are presented and described properly, or in social networks (Facebook, LinkedIn, Twitter, etc.). After receiving applications, the HR managers send notification or make calls and ask for the test. If the test is successful, next stage is the interview with one of HR managers, who can assess the level of applicant’s compliance with the requirements. Finally, the applicant is invited for the personal interview with future direct supervisor, who will take the decision on the recruitment.
In order individuals want to qualify themselves for employment, they need to create very professional CV, where all important information should be stated. In case the applicant has very wide experience, it is necessary to emphasize only those positions, which somehow can be considered useful for Penske. Also, the identification of social achievements will be welcomed, because company supports high ethical standards. It is worth to mention the ability to attract employer by creativity.

Demographics

The company employs over 20,000 persons in the whole world. Its leadership team includes 15 members, out which there is only one woman, Ms. Angela Kang, managing director for the Asia-Pacific Region. Doing jobs mutually in the direction of shared objectives makes Penske an excessive workplace. Daily, it challenges its staff to discovery improved methods of functioning by promoting beliefs that allows employees to be important. Penske is an international organization with various consumers, employees, businesses and companions. It is aimed at the improvement and expansion of businesses by sustaining work surroundings that are diverse, comprehensive and deferential, so it can gain the talents, trainings and varied prospects of all its companions. By managing diversity the company increases its reputation and attracts investments. The average age of employees is about 30-40years. The minimal age, for example, required for the truck driver is 23. Other jobs need at least graduation age.

Compensation

Apart from the salaries, which are defined according to the position, the company provides its employees with benefits. Its all-inclusive benefits plans retain staff and its families pleased, in good physical shape and protected. It is about the benefits in medicinal treatment (together with visualization and RX); lifetime coverage (worker, partner (wife/husband) and kids); additional private time with compensated days off and holidays; short- and long-term disability; wellbeing maintenance and in need of care expenditure accounts; 401K with organization counterpart; retirement plan; worker discounts. There are also wellness paybacks, which are aimed at providing employees with appropriate care by individual health trainer package; 24-hour medical professional guidance line; online wellbeing threat valuation; Quit and Fit smoking termination package; “Get Healthy, Stay Healthy” online nutrition regime/health package; wellness movement motivation honors package; and Rewarded Time-Off and Relatives-Maintenance Packages. Penske’s private leave, medicinal leave and leave of absenteeism procedures provide employees with a number of opportunities for having particularly challenging period.

Working Conditions

The environment is very friendly and attractive. The company requires both physical and mental activities in equal parts. It is always open to help its employees, providing different benefits, team-buildings and trainings. Comfortable working conditions for employees are important for quality and productivity. Offering opportunities for career growth, the company greatly appreciates the work of each employee by means of competitive salary. Professional development and improvement of existing knowledge and skills is essential to the successful employment. That is why it organizes paid training.

Personal Opinion

It can be definitely concluded that employees are satisfied with the company’s attitude to them (it is seen from testimonials). Participating in many initiatives, providing best truck services, respecting each employee and constant goals setting and their achievement mean that the company is very purposeful and result-oriented. It has great perspectives in the market, not only as the skilled services provided, but also as demanded employer.

Works Cited

“Our Company”. Penske. 2015. Web.