During troubled economic times (e.g. financial crisis), what advice would you give to today’s workers so that they could continue to thrive in their careers?
Answer to relevant QuestionsWhat would you say to those who argue that establishing attractive career programs for employees will only enhance their own marketability and enable them to leave the firm faster? Why is it important to integrate career development programs with other programs in organizations (e.g., performance appraisal, training, selection, compensation)? Offer some suggestions for how this can be done. Critique market-pricing pay with the traditional approach to compensation. Which approach is more important for organizational effectiveness? Which approach would you implement and why? Some experts argue that a corporation’s board of directors should be paid only with stock options. What do you think? How does a binding arbitration agreement work? Should companies be allowed to adopt a binding arbitration requirement for their current employees in which employees surrender their right to litigate employment disputes ...
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