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Application of Employee Training and Development

question 132

Multiple Choice

Application of Employee Training and Development
Jo sighed. Productivity levels were down by 5% this month. After just spending $150,000 on new equipment, she was not quite sure how to explain this to top management. She had been so sure that new equipment would increase productivity levels. In fact, all the research she had done before purchasing the equipment had substantiated just that. What was the problem? Jo decided a trip to the assembly line floor was in order. Talking to the assembly line supervisor provided her with some new insights. The equipment manufacturer had said the new equipment would be easier to run than the old equipment. Jo had felt the equipment was similar enough that no training on the new equipment was necessary. Evidently that was not the case. The assembly line supervisor said there had been many down hours while people tried to figure out how to run the new machines. Furthermore, these machines were much more interrelated. One job tied into the next job, so if one person did something incorrectly, the next person on the line could not easily step in and fix the problem. In addition, these machines were much more technical and computer- like than the old machines had been. Evidently, they were not as easy to use as the manufacturer had stated.
-What may be a necessary first step in order to introduce all employees to the new system and convey some specific technical information to everyone at the same time?

Familiarize with the linguistic theories and contributions of key figures in the field.

Comprehend the process and challenges of speech segmentation and the role of processing in language understanding.

Understand the classification and risk levels of various bonds and securities.

Comprehend the purposes and characteristics of money market instruments.

Definitions:

Performance-Based Pay

A compensation system where an employee's pay is directly related to their performance or productivity, often used to motivate and reward high performance.

Employee Productivity

A measure of how efficiently workers complete tasks and contribute to the goals of an organization, often gauged by output per time period.

Employee Retention

Strategies and practices aimed at keeping employees engaged and committed to the organization, thereby reducing turnover and retaining valuable talent.

Merit Pay System

A compensation strategy that rewards employees based on their performance and achievements in the workplace.