Unformatted text preview: I would have to say incentive pay and training are the keys to human resource development. These areas of HRM can be used to create a very competent and productive workforce. An HR department can use training methods to create a good workforce. In order to maintain and retain the resources they invest through training they can use incentives. If a company makes changes to either of its training processes or incentive plans it can directly affect their workforce. A situation where a company fails to train its employees properly can result in poor performance and ultimately poor employees. If a company doesn’t utilize an incentive plan they can lose highly skilled employees. Companies can spend a lot of time and money training their workforce but if they don’t keep the employees then they’ve invested a lot for nothing. In the end a company needs to create a good training program followed by proper incentives for employee retention....
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- Spring '10
- Human Resource Management, incentive pay