Question

In: Operations Management

Training and compensation can be challenging issues for business professionals in a global economy. What are...

Training and compensation can be challenging issues for business professionals in a global economy.

What are the opportunities and obstacles we face as individuals of faith?

Solutions

Expert Solution

Training & compensation are the two most important HR functions that pose a significant challenge as these roles are closely related to the productivity, efficiency and employee turnover in the organization. A faith of the individual, creates opportunities as well as obstacles in training & compensation to fix different issues within the organizational setting.
The first opportunity is to design and deliver training to the employees and fix their compensation according to the guidelines mentioned in the faith such as Christianity. Here, the biblical reference will be taken and people will be trained so that the organization as well as social needs are fulfilled. On the basis of skills, ability and qualification will also be fixed. The second opportunity is to bring ethical conduct in offering training & compensation that consider the morality and value for the consumers apart from the performance. Hence, attention is given upon the behavioral training also.
Though there are obstacle also. The changing business environment and the social system are the first obstacle. The many aspects of the faith that were very true in the past, may not be relevant today. The second obstacle is that employees belong to different faiths and beliefs and methods of different faiths can clash also. It does not create synergy in the organization. Hence, it is important for the professionals to prepare a common minimum set of values and method that is acknowledged and valued by everyone in the organization.


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