We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Employee Reward and Development - Essay Example

Comments (0) Cite this document
Employee Reward and Development Table of Contents Introduction 3 Concept of Coaching and Mentoring 4 Growing Application of Coaching As an Employee Development Process Compared To Others 5 Effectiveness of Coaching in Modern Day Business Context 6 Challenges and Issues Associated with Coaching 7 Arguments against Coaching 9 Conclusion 10 References 11 Bibliography 14 Introduction In modern era, developing and retaining the talented workforce is considered as one of the major issues for any organisation…
Download full paperFile format: .doc, available for editing
Polish This Essay93.9% of users find it useful
Employee Reward and Development
Read TextPreview

Extract of sample
"Employee Reward and Development"

Download file to see previous pages al., 2004). With this concern, there are many approaches that are accessible in the field of human resource management such as coaching or mentoring, e-learning or blended learning, management or leadership development. Furthermore, HR practices of organisations are implementing the various approaches of employee development since it has been identified as a supporting and motivational component for employees to provide high performance in organisation (Stewart, 1999). With regards to this, the aim of the paper is to identify the concept of coaching or mentoring approach among the existing various approaches. It also includes the argument for and against the chosen approach with the assistance of academic literature and research reports. In addition, the paper provides the challenges and issues related with the coaching in order to measure the effectiveness of the approach which in turn endow with the effective evidence to achieve the objectives of an organisation. Concept of Coaching and Mentoring Coaching and mentoring are considered as the two employee development methods that foster the ability of an employee in order to improve behaviour and level of the performance. The concept of coaching and mentoring are similar. However, the processes of each other are creating differentiation between them (Brooks, 2006). Coaching tends to be recognised as more task-oriented, skill focused and time-bound. On the contrary, mentoring is more focused on ‘open-ended personal development’. The process of coaching deals with instruction, discussion and guidance which are provided by the coach to the coached person. Whereas, the process of mentoring takes place through a conversation that assists the mentee in order to learn from the mentor (Deans & et. al., 2006). Coaching and mentoring programs are playing significant roles amongst employees and organisations as these programs help to establish a connection between organisational goals and objectives. At the same time, they are also concerned about personal development requirements of individual employees. Therefore, coaching and mentoring can be measured as ‘two way relationship’ with both the organisation as well as the employee in order to gain adequate benefits (Whitmore, 2002). Growing Application of Coaching As an Employee Development Process Compared To Others Source: (Jarvis & et. al., 2004). With a purpose to show the growing application of coaching in order to develop the performance and productivity of the employee and the organisation, the above figure has been extracted from the survey report of Chartered Institute of Personal and Development (CIPD). It can be identified from the above figure that the application of formal classroom-based training with regard to the employee development is in recent times becoming a rarity in an organisation. HR practices are applying much highly developed and effective technique for the betterment of the employees which in turn assist an organisation to progress in the path of ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Employee Reward and Development Essay Example | Topics and Well Written Essays - 1500 words - 1”, n.d.)
Retrieved from https://studentshare.org/management/1443904-employee-reward-and-development
(Employee Reward and Development Essay Example | Topics and Well Written Essays - 1500 Words - 1)
“Employee Reward and Development Essay Example | Topics and Well Written Essays - 1500 Words - 1”, n.d. https://studentshare.org/management/1443904-employee-reward-and-development.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Employee Reward And Resourcing Module_HRM
The main components of a reward strategy are Non-Financial Rewards, Job-Evaluation, Base Pay, Grade and Pay Structure, Market Rate Analysis, Pay Progression, Contingent Pay, Service Related Pay, Allowances, Pension and Benefits and Performance Management.
12 Pages(3000 words)Essay
Designing Reward Practices To Influence Employee Behavior
This article can help to understand better of what reward practices actually are and why is it important for the managers of a company to implement a suitable reward/incentive plan for the employees. The essay will also discuss some of the key issues that the managers of a company need to consider when designing an incentive plan for the employees.
17 Pages(4250 words)Essay
Employee Reward and Development
(OSP) Total reward includes all types of reward – non-financial as well as financial, indirect as well as direct, intrinsic as well as intrinsic. It is a value proposition which embraces everything that people value in the employment relationship and is developed and implemented as an integrated and coherent whole.
6 Pages(1500 words)Essay
Influence of Employee Voice on Pay Determination

The following three academic journal articles were selected as relevant to the topic: ‘Individual employee voice: renegotiation and performance management in public services’, ‘Workplace  industrial relations in Britain 1980-2004’, and ‘A fair globalization: The role of collective bargaining in stemming the rising tide of inequality in earnings and income’.

11 Pages(2750 words)Coursework
Employee Reward nd Development
Knowledge has become a currency for competitive success apart from being a key factor for productivity (Egan, Yang and Barlett, 2004). According to Cole (1995) and Sadler (1994) learning is a complex process involving skills like mental mapping, use of intuition and imagination, and problem solving (Yeo, 2002).
6 Pages(1500 words)Essay
Employee Reward (Executive Reward)
The compensation includes salary, bonus, shares, company’s stocks, perquisites and other forms of benefits (CIMA, 2010). Executive compensation is also regarded as a total rewards umbrella and also the company’s strategy as a whole (CIMA, 2010).The executive total reward system and model sets a separate framework and context for executive compensation (Conyon, 2006).
11 Pages(2750 words)Essay
Employee Re-sourcing & Development
Safeway's retention strategy is based on three key elements - good leadership, strong financial incentives and effective communication. (Walton, 1999, 47-58) During the course of the year, 132 of Safeway's managers have participated in Safeway Leadership programme and 174 have attended Safeway's Coaching programme.
6 Pages(1500 words)Essay
Employee Reward Systems Presentation
Reward systems are helpful to both the employer and the employee. Employees see rewards as a goal or an endpoint to work toward, which provides direction and an ultimate feeling of accomplishment. Employers enjoy the product of their employees' hard work and generally view the actual reward as a good investment in their company.
2 Pages(500 words)Essay
Employee Relations & Reward
Frequent trend changes in product and services markets combined with growing quality concerns force employers to develop more efficient and flexible methods of production. The composition and practices of the
10 Pages(2500 words)Essay
Moreover, the process also helps the organisation to recognise its present performance and customer satisfaction level to identify the prospects of achievement of the organisational objectives. Furthermore, an effective management of
8 Pages(2000 words)Essay
Let us find you another Essay on topic Employee Reward and Development for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us