other employment could be easily found. As Ezra’s manager, what would you do to retain him What changes would you recommend in the educational aid program Should companies try to retain their employees at any reasonable cost and Why or why not What is

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
icon
Related questions
Question

Case: Developed Today, Gone Tomorrow

 

A large Midwestern firm maintains an organizational policy of promoting individuals growth. By offering generous allowances for costs associated with tuition, books, and miscellaneous expenses, employees are supported in their efforts to further their education at the college or training school level. This program is also offered to employees whose goals are graduate-level education, if their fields are ones that could be advantageous to the corporation.

           The computer programming department has a high rate of participation in the educational support program. It is generally accepted that this high rate is due to the above-average aptitudes of the personnel in the department has its own in-house set of training courses and purchases “space” in various seminar classes. These programs are geared to making the employee significantly more valuable to the department. The managers in the programming department have been very proud of the development of their personnel and feel that education from all sources has improved departmental performances.

           Recently, however, the system seemed to backfire in the programming department. Ezra Brooks, a very bright and aspiring young programmer for whom management had high hopes, quit. Ezra had found that the extensive intraorganization training, the invaluable work experience, and a newly awarded college diploma represented a fairly lucrative portfolio of credentials, which he took to a large national accounting firm. Ezra had expressed a desire to stay, but he was told that there were no anticipated openings at managerial levels in the computer area.

           Ezra’s manager had a dilemma. Loss of Ezra meant a ten-month setback for the project Ezra was working on. He also felt that the extensive training Ezra had received at the company’s expense was little utilized compared to what Ezra would have contributed had he remained with the company. However, the manager’s greatest concern was that Ezra was the first in a group of several employees who would graduate from college under company sponsorship in the near future. Ezra had shown to the remaining group that if the firm would not recognize his achievement and aspirations, other employment could be easily found.

As Ezra’s manager, what would you do to retain him

What changes would you recommend in the educational aid program

Should companies try to retain their employees at any reasonable cost and Why or why not

What is the danger of having turnover of talented or valuable employees

 

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON