Employment Values of Cadbury Essay Example | Topics and Well Written Essays - 1750 words

Employment Values of Cadbury - Essay Example The company had become popular because of its employee friendly nature and the workforce increased from 230 to 2685 during the period 1879 to 1899. Traditionally it was believed that labour was a cheap source of capital but Cadbury believed that economizing on labour was unethical and the workers should be regarded as invaluable asset of the company (Price, 2007). Till now Cadbury has taken certain human resource initiatives like sharpening of employee learning skills by imparting extensive training program and conducting managing by value programs (Kozami, 2002). The program focused on interacting and understanding the values of the employees. The company was a member of organizations like Business in the Community and Institute of Business Ethics (Simms, 2005). Cadbury Schweppes believed that for a successful company a set of business ethics is very important because it improves the productivity of the workers and employees. Cadbury Schweppes was taken over by Kraft Foods Group Inc in the year 2010 by  £11.5 billion (House of Commons, 2011). The takeover of Cadbury over Kraft Foods was disapproved largely by the employees of Cadbury and the Britishers. The employees of Cadbury were unsure about the security of their jobs. The management of Kraft had claimed that after the acquisition they would not shut down any of the Cadbury’s plants and had made some commitments to employees. Kraft had failed to keep its commitment by closing down the Somerdale factory which was one of the major chocolate manufacturing industries of Cadbury (House of Commons, 2010). Some economist believed that the management of Kraft lacked sufficient knowledge and expertise to operate the Somerdale Factory.