Career Development at Electronic Applications

Essay specific features

 

Issue:

Business

 

Written by:

Rafael B

 

Date added:

April 17, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1495

 

Was viewed:

902 times

 

Rating of current essay:

 
Essay content:

The fact that the company is based in an area where many of its closest competitors have offices facilitates employee’s movements from one job to another. This high turnover is mainly affecting positions among the electrical engineers in the R&D department. The key factors behind this high turnover are more related to the fact that there is no career development programmes inside the company than to salary issues, as a wage survey has revealed, Electronic Applications pays 5-8% above the market...
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Problem Statement Electronic Applications has not got a Human Resources policy in place that goes accordingly to its position in the market and its actual growth. On the past years the Human Resources policies have only been reactive. On the medium term, the key questions, the Human Resources department needs to answer, are following ones, in order to align its strategy with the company’s one: - What are Electronic Applications’ major strategic issues over the next three years? - What are the most critical needs and challenges will face over the next three years? - What critical skills, knowledge and experience will be needed to meet these challenges? - What staffing levels will be required? On the short term a more practical approach needs to be taken in order to reduce the high turnover ratio...
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