Linkage to Employee Development
Employee development is not achieved overnight. The process needs clearly defined goals, commitment from both the supervisor as well as the employee to achieve the outlined goals. The needs of the employee such as new responsibility, new skills, constant feedback and...
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... in continued employee success (Werner & DeSimone, 2012, p. 340). Human capital is an important factor of production that requires good management in order to attract and retain the best talents, hence increasing the company’s overall gains. Linking performance with organization rewards provides an incentive for employees to be innovative and boosts their morale. In saying that, successful businesses have to adopt this strategy in an attempt to maximize the gains accruing from the investment made on the human capital. Organizations should identify the best performing workers or groups of workers and either reward them monetarily or afford other forms of non-monetary rewards. Lastly, publicizing such rewards is an effective way of motivating other employees in the firm since they tend to emulate the rewarded employees to earn such recognition the next time.
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