Addressing Salary Chasm through Learning and Development
Added on 2019-09-23
4 Pages451 Words271 Views
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Running head: Job Analysis and Assessment0Job Analysis and Assessment[Type the document subtitle]User[Pick the date]
Job analysis and Assessment1Addressing Salary Chasm between CEOs and Employees- Investing in Learningand DevelopmentIt is an evident fact that there is a high pay gap between the expectation of the employees and the offerings made by the employers (Entrepreneur India, 2015). It has not only become a controversial topic in the media but also has caused dissatisfaction among the employees. Such a pay gap might be increased if not the companies take their stand for fair wages and growth opportunities for the employees.Among the three strategies suggested in the article, the most imperative way to lessen the pay gap is to invest in training and development of the employees. There are a number of cases where the employees have reported that they do not get enough opportunities to show their performance or upgrade the same undergoing any training program. According to the point of view of the scholars Bartlett and McKinney (2004) professional development of the employees not only improves their morale or motivates them to become more committed towards the attainment of organizational objectives but also improves the productivity and performance of the company as well (Bartlett and McKinney, 2004).Training and development programs that will be offered to the employees improve the level as well as quality of their work. In addition to this, through the programs they would learn new skills and broaden their understanding to improve their performance. However, in-house advanced training takes a lot of time and money which is to be spent by the management of the organization. However, it is one time investment which could be recovered through improved productivity.
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