1. Although it has been effective for Great Plains to drop their people first, not solely companies accept this idea. There atomic number 18 advantages, disadvantages and limitations that apprise be put forward to explain different practices of different companies. Firstly, employees argon ace of the companys assets. It is vital to satisfy their needs and wants so that they will spirt hard for the company. When the company puts a part of money and effort into providing different activities, training and education, employees feel that they are being cared for and respected by the company. As a depart their employees tend to have higher morals and higher self-conceit in the counterfeitplace. Secondly, employees are less likely to resign and work for rival companies if their employer offers a wide range of benefits such as daily extracurricular classes, leadership opportunities and training programs. It increases their loyalty towards the company. At the same time the turnover rate would decrease and be for replacement and recruitment can be reduced. Thirdly, there is a closer and more pleasant working atmosphere in the company. As most of the employees are willing to stay and work for the company, the turnover rate is low. The people who work together are always the same and familiar with each other.
Trust can be developed among them and their kindred is closer and deeper. Last and most importantly, happy staff are usually more generative staff. According to researchers who conducted the Hawthorne studies, there is a moderately strong relationship between job satisfaction and job performance. (Robbins, Judge, Millett and Waters-Marsh, 2007) If the company makes their staff happy, they tend to produce more. As a result, it leads to increased derive for the business. While people-first approach brings great benefits to the business, it also generates disadvantages; offering training, educational opportunities and extra benefits for the staff incur a huge cost. some(a) companies would... If you want to get a full essay, order it on our website:
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