Employee Development Plan Term Paper by Paramount

Employee Development Plan
A proposed employee development plan to encourage employees to remain with the company.
# 9363 | 1,409 words | 2 sources | MLA | 2002 | US
Published on Feb 01, 2003 in Business (Management) , Business (Human Resources) , Business (General)

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This paper attempts to find the balance between investing in an employee to allow for his development so that he can better equip himself and not investing money that walks out the door and to the competition. The paper discusses different aspects of employee development from hiring to development to termination or retirement.

From the Paper:

"The entire foundation of this employee development plan is to reward employees for loyalty and longevity. The plan is based on a staggered schedule that allows the company to provide the best benefits for those who stay with the company. Yhis is an incentive for employees to remain in the employ of the company while it offers the company some security that it is investing in long term workers. It also reduces the loss of funds that occur when a short term employee goes to a competitor after receiving training at this company."

Cite this Term Paper:

APA Format

Employee Development Plan (2003, February 01) Retrieved September 26, 2023, from https://www.academon.com/term-paper/employee-development-plan-9363/

MLA Format

"Employee Development Plan" 01 February 2003. Web. 26 September. 2023. <https://www.academon.com/term-paper/employee-development-plan-9363/>