Ask Business Management Expert

THINKING ETHICALLY: WHO GAINS FROM EMPLOYEE DEVELOPMENT?

When Derek Christian wanted to run his own business, he bought a cleaning company called My Maid Service. The company had decent revenues but little growth, and Christian figure out why: employees were constantly quitting. With a turnover rate of 300%, Christian was filling the same job three times every year. The reason was simple. No one wanted a career cleaning houses, so people worked for the service only until they could find something closer to their real goals. Higher pay didn't address the problem, so Christian accepted that no one would stay forever. He opted for an unusual kind of employee development: if an employee agreed to stay with My Maid Service for two years, the company would pay for training and development (including stretch assignments at the company) to help the employee toward the next 294295step of his or her career plan. Christian determined that the costs of this program are far less than he was spending to constantly hire and train entry-level employees. Customers, too, are more satisfied and loyal because they prefer having the same people clean their homes each time.

Derek Christian's plan for employee development is clever, and because he is the business's owner, he didn't have to convince anyone but himself to try it. But imagine trying a similar program at a corporation that is owned by many stockholders. They might conclude that the cost is not in their best interests as investors in the business. Some employers even insist that employees pay for any training they receive because the employees are the ones who get the greatest benefit from what they learn.

One person who might not see a conflict is Wendy S. Becker, associate professor of management at John L. Grove College of Business. Becker advocates the idea that human resource practices should be sustainable. By acquiring, developing, and managing employees in a way that is socially responsible-concerned for their welfare and the welfare of their communities-organizations can, over the long term, be the places where the best people want to work. One way to do this, Becker says, is to hire people not just for their experience and accomplishments but also for their potential, even though these employees will reach their full value after the company has invested in their development. There is a risk that employees will take their newly learned skills elsewhere for better pay, but there is also a perhaps greater likelihood that employees will be more committed and loyal after the company invests in them. Perhaps if employers treat development programs as an investment in employees' future value to the company, rather than as an expense to minimize, employees, too, will focus more on their value to the company.

Questions

1. When a company spends money on employee development, who should receive the benefit-investors, customers, employees, or someone else? What is the most ethical way to distribute the benefits?

2. Do employees who participate in an employee development program have an ethical obligation to remain with the employer afterward? Why or why not?

Read the "Thinking Ethically: Who Gains From Employee Development?" section at the end of Chapter 9. Answer the two questions at the end of the section and question #3 below in a 2-3 page paper.

In addition to the two questions in the text, answer the following question:

1.    Describe and evaluate the usefulness of two traditional training methods that could be used to foster ethical behavior.

Follow the project guidelines below.

Requirements:

Complete a 2-3 page paper (not including the title and reference pages).

Answer each question thoroughly.

Demonstrate your understanding of the information presented in the weekly reading assignments by defining terms, explaining concepts, and providing detailed examples to illustrate your points.

Read the "Thinking Ethically: Who Gains From Employee Development?" section at the end of Chapter 9. Answer the two questions at the end of the section and question #3 below in a 2-3 page paper.

In addition to the two questions in the text, answer the following question:

1.    Describe and evaluate the usefulness of two traditional training methods that could be used to foster ethical behavior.

Follow the project guidelines below.

Requirements:

1.    Complete a 2-3 page paper (not including the title and reference pages).

2.    Answer each question thoroughly.

3.    Demonstrate your understanding of the information presented in the weekly reading assignments by defining terms, explaining concepts, and providing detailed examples to illustrate your points.

4.    Include references from your reading assignments to reinforce and support your own thoughts, ideas, and statements using APA citation style.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M9743869
  • Price:- $30

Priced at Now at $30, Verified Solution

Have any Question?


Related Questions in Business Management

Name a company that addressed a recent ethical problem in a

Name a company that addressed a recent ethical problem in a positive way. Also, explain how or if this positively affects us as a community?

When it is appropriate to use the trade-off process what

When it is appropriate to use the trade-off process. What conditions apply, and the technical evaluation criteria that might be used?

Need help with a essay with the following phrase for

Need help with a essay with the following phrase for analyzing : " Capitalism is at the heart of how people and organisations are managed in contemporary society" May i ask for a better explanation of the question? Also ...

How could these three tenets of the auburn creed be used to

How could these three tenets of the Auburn Creed be used to motivate others: "I believe that this is a practical word and that I can count only on what I earn. Therefore, I believe in work, hard work." "I believe in educ ...

How can these two tenets of the auburn creed by used in

How can these two tenets of the Auburn Creed by used in addressing teamwork issues: "I believe in honesty and truthfulness, without which I cannot win the respect and confidence of my fellow men." "I believe in the human ...

Discuss the advantages of having and interacting in a

Discuss the advantages of having and interacting in a diverse workplace. Consider the wide range of ideas and perspectives that a range of team members bring to a team, that are of differing ages, ethnic backgrounds and ...

Parmigiano-reggiano global recognition of geographical

Parmigiano-Reggiano: Global Recognition of Geographical Indications What historical factors have helped support the consortium's claims for the geographic specificity of Parmigiano-Reggiano and Parmesan? What are the eco ...

Communication planthis communication plan will be a roadmap

Communication Plan This communication plan will be a roadmap on how the new division will best be able to communicate with Biotech's corporate headquarters, suppliers, other divisions, and internally. This should lay out ...

Discuss strategies to obtain feedback from a customer and

Discuss strategies to obtain feedback from a customer and clients when working in sales.

Describe different networking methods and the advantages

Describe different networking methods and the advantages and disadvantages of them?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As