An Effective Compensation And Benefits Package

1248 Words Aug 20th, 2014 5 Pages
With an effective compensation and benefits package, the organization will see improvements to include quality employees. There will still be ample turnover, which is healthy for the business. Provided the package is reviewed and updated to be current and remains competitive, you will consistently draw upper echelon talent, and exceptional performers.
Employee Training and Development
In regards to training a strong, educated, and high-performance workforce, an up-to-date training plan that will equip employees with the tools necessary to meet organizational goals. Learning plans will need to be technical, as well as practical. Managerial level employees will have access to a tuition assistance program that will encourage higher education for use within the organization and their field of expertise. Employees will not only be equipped to perform the core tasks of their profession, but will also be well versed in teamwork, sensitivity, leadership, and recognizing various personality types, and how to better interact with them. They will be offered monthly internal training sessions, hosted by their co-workers, and will alternatively host them as well. This allows for fiscally sound cross-training opportunities, and well-rounded individuals to advance within the organization. This will also serve as a measure of the effectiveness of the training program, by allowing the employees to demonstrate their knowledge to their peers and leadership.
Work-Force Diversity As part…
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