TRAINING STAFF

Training Staff

Training Staff

Introduction

Business firms today tends to adopt and follow the strategy of increase in share price rather than going for an increase in the profit maximization. For any business to succeed and grow, the most decisive factor is its domestic consumers. Translated as its employees if the company seeks to take care of health and safety issues or other issues, which relates to, their employees. Making it as their priority than in return the employees too would serve with all abilities and talents in order to make the company grow and flourish. However in order to deal with the safety and health issues of the employees, the training plays a vital part. Many businesses nowadays tend to ignore the importance attached to training, since it enables the employees, not only work smart but work harder, as well (www.iia.org.uk).

How can a company grow if it tends to focus more shareholder wealth rather than focusing on employees. It is customers which tend to drive any business but employees who facilitate them to take the driver seat. By spending more on staff related issues, it also tends to ignite the factor of motivation among the staff members, due to reason that they tend to associate or relate themselves with the company. Nothing today in this world stands on one way communiqué rather if the response received and well told it works in favour of the company. Although, in today's world, the cost of training employees, addressing their health and safety concerns has gone up comparatively but no matter how much it shoots up the company just can not ignore its importance because if the staff is not well-equipped how can they work for the betterment of your business. Any employee, irrespective of his/her talent will not be able to serve the company with absolute dedication, until he/she is absolutely satisfied regarding his health and safety. Therefore, in today's world where the completion is roaring to new heights it has become increasingly important in order to increase the employee retention. To equip him/her with deserved tools as well as to make him/her feel at ease, by addressing his safety and health issues and other personal issues which includes extending support to his/her family members. Shareholder wealth is the financial asset every organization revolves around, tend to shape up the policies of any business towards their clients or even towards their own employees.

It would not be wrong to state that the shareholder wealth results in the shaping up the overall structure of the company. Share holders when invest in any organization, they do it by intend of maximizing it, but this should not mean that the organization or any business should primarily focus on the expansion of shareholders wealth. Instead, the wealth of the shareholder can only increase in the customer's are happy with the service they are paying for. This level of service can only be increased by focusing on the needs and demands of the internal customers. However, it is in the interest of the share ...