BUSINESS SCENARIO PAPER

Business Scenario Paper

Business Scenario Paper

In a scenario provided, a company hires individuals with the promise of promotions after a given time; in this case 2 years. In addition, the company requires that these individuals maintain a certain level of professional development as part of the review process. The company does not provide much in the way of support to meet these professional development demands, which forces employees to use personal funds to satisfy the requirement.

After two years, the employees have reached the point when they are to be promoted; however, during annual review staff discovers promotions will not be offered. Moreover, the out-of-pocket expenses and time each individual has invested in his or her professional development was for not.

Research on this topic was performed using Internet search engines and the University of Phoenix on-line library. Our research indicated that this problem is more widespread than was first thought, which supports the idea that the problem isn't an isolated example. This paper details the issue, and discusses possible implications and resolutions.

Decision Implementation and Outcomes Evaluation

Employers usually associate compensation with job descriptions within the organization, and while compensation may achieve several purposes such as: assisting in recruitment, job performance, and job satisfaction, there is often a balance that must be reached between the monetary values the employer is willing to pay, and the sentiments of worth felt by the employee (McNamara, 1999). For companies that face an inability to continue with certain business practices, traditions that they no longer can afford, or for other various reasons, employers stand to lose the trust and loyalty of their workers. The negation of promises made upon the employees hire date will most assuredly cause distrust and morale issues, and as a consequence, loss of department objectivity and focus. For this reason, ...