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Discuss two Human Resource strategies that could be used to address the employee attitudes that were identified in the survey. - VCE - SSCE Business Management - Question 6 - 2003 - Paper 1
Question 6
Discuss two Human Resource strategies that could be used to address the employee attitudes that were identified in the survey.
Worked Solution & Example Answer:Discuss two Human Resource strategies that could be used to address the employee attitudes that were identified in the survey. - VCE - SSCE Business Management - Question 6 - 2003 - Paper 1
Step 1
Financial incentives
Answer
One effective Human Resource strategy is to implement financial incentives for employees. This can encompass bonuses, profit-sharing, or performance-related pay that motivates employees to enhance their productivity. Financial incentives not only reward high performance but also foster a culture of recognition, thereby improving overall employee morale and satisfaction.
Step 2
Regular briefings
Answer
Another strategy involves conducting regular briefings to keep employees informed about company developments and changes. These sessions can address employee concerns and ensure that everyone is on the same page regarding organizational goals. By fostering communication, employees feel valued and part of the decision-making process, which can positively influence their attitudes towards their roles and the company.