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Comparative Study of Ford and Honda Dealerships with Training & Development and Compensation Perspective
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In Human Resource, training and compensation plays an important role. If training will not be provided in any organization then there will be no productive output. Being an HR student, it is really very important to know the training and compensation process. The study has the objective to understand the training needs of the organization and observe the employees' performance before and after they are trained. Study shows that training procedure was carried out on the basis of employees requirement; different employees were given different training according to individual and organization's goals; the procedure was basic and easily adaptable. Also, study reflects that compensation should be made more flexible so that the organization can easily retain its employees-training should be mandatory and should be held timely so that the employees are always updated about the company and its products.
Keywords
Training, Compensation, Employees, Organization Performance, Elearning, Flexi-Compensation.
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