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Investing in Career Management of Employees: A Strategic Investment

   

Added on  2023-06-08

9 Pages2012 Words188 Views
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Investing in Career Management of Employees: A Strategic Investment_1

Table of Contents
INTRDOUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
CONCLUSION................................................................................................................................1
REFERENCES................................................................................................................................2
Investing in Career Management of Employees: A Strategic Investment_2

INTRODUCTION
Human resource management is considered to be one of the major practice of deploying,
recruiting, managing and hiring employees of the company. The present essay is bases upon the
topic “Should managers keep investing in career management of employees or not, and why?.
The essay involves the major HR concepts and theories in relevance to the examples.
MAIN BODY
Should managers keep investing in career management of employees or not,
and why?
Career Management is basically defined as the life-long process which comprises of
investing resources for the purpose to achieve and accomplish the future career goals. When it
comes to employers, they are understandably reluctant for the purpose to make big investment in
workers who do not want to stay for a longer time. The major issue is that organizations won’t
train workers because they might and in context to workers they leave the company because they
don’t get training. When it comes to employees, they can benefit from a solid employee
development program (Greenhaus, Callanan and Godshalk, 2018). For employers, the employee
retention is considered to be one of the huge barrier and also it becomes very difficult when it
comes to hiring process. With the support of solid employee development program, it helps in
keeping and attracting the best employees. With the help of employee development, it is
basically considered to be a method which can keep the employees engaged at work. When it
comes to investing in the employees, it is considered to be a good morale for their colleagues and
the selected person through rewarding hard work. For organizations, it is very important to invest
in the skills of the employees which will not only boost their efficiency or morale but will
prepare them for becoming more responsible positions within the organization (De Oliveira,
Cavazotte and Alan Dunzer, 2019).
HR practices generally comprises of the various strategic decisions of the HR. These practices
really helps the organization and the company in forming the guidance and foundation in order to
manage the employees of the company and also coordinating with the executive business plan. In
reference to HR practices, it comprises of the aims of the HR department and setting up of goals
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Investing in Career Management of Employees: A Strategic Investment_3

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