Evaluate the costs and benefits to both the company

Assignment Help Other Subject
Reference no: EM131250808

Assignment: Discussion-Training

You are a manager in the HR department at WidgetMaker. It has recently been brought to your attention that many of the workers require more training to accurately perform their jobs.

Using the Argosy University online library resources and the Internet, research the costs and benefits of implementing training programs.

Write a memo to company executives explaining why adequate training is important to the company and how the financial costs can be justified.

Within your memo, address the following:

  • Evaluate the costs and benefits to both the company and the employee. How do the benefits justify the costs?
  • What factors should the company consider when designing a training program? How should its effectiveness be evaluated?

After your initial posts discuss the following:

  • Under which circumstances is training not transferable from company to company?
  • From a management perspective, is it ever disadvantageous to hire individuals who have been previously trained at other companies? Why or why not?
  • How much can the company culture of one company affect the training required at a different company?

Reference no: EM131250808

Questions Cloud

How would your answer differ if x and y were complements : In a general equilibrium analysis with two substitute goods, X and Y, explain what would happen to the price in market X if the supply of good Y increased (i.e., if the supply curve for good Y shifted to the right). How would your answer differ if..
Find the distribution of voltage over 3 insulators : If the capacitance between each insulator pin and earth is 11% of self-capacitance of each insulator, find the distribution of voltage over 3 insulators and string efficiency.
What is an economically efficient allocation : How does exchange efficiency differ from input efficiency? Could an economy satisfy the conditions for exchange efficiency but not the conditions for input efficiency?
Estimate the fuel oil required for a month of 30 days : Diesel engine power plant has one 700 kW and two 500 kW generating units. - Estimate the fuel oil required for a month of 30 days and overall efficiency. Plant capacity factor =40%.
Evaluate the costs and benefits to both the company : Within your memo, address the following: Evaluate the costs and benefits to both the company and the employee. How do the benefits justify the costs? What factors should the company consider when designing a training program? How should its effective..
Find hequilibrium prices and quantities for butter : Suppose that an increase in the price of vegetable oil shifts the supply curve of margarine to How does this change affect the equilibrium prices and quantities for butter and margarine? Using words and graphs, explain why a shift in the supply cu..
Analyze the relationship between gender and leadership : Analyze the relationship between gender and leadership. Consider the research literature described in your textbook to provide an overview of the findings. How does your own experience with leaders of different genders relate to what you studied? ..
Higher standard of living : In the same year, the population of India was 1.2 billion and real GDP was 1.2trillion. In 2005, China's Human Development Index was 0.777 and India's was0.619. Which country has the higher standard of living? Explain.
Analyze how this scenario affects the organization : Write a report in which you analyze what the survey findings mean for the organization and develop a plan to address the impacts. Make sure to address the following: Analyze how this scenario affects the organization. Identify why this division may..

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd