Effective Training
Effective Training

Author: P. Nick Blanchard

Publisher: Prentice Hall

Published: 2004

Total Pages: 0

ISBN-13: 9780130327390

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In The Minimum Wage and Labor Market Outcomes, Christopher Flinn argues that inassessing the effects of the minimum wage (in the United States and elsewhere), a behavioralframework is invaluable for guiding empirical work and the interpretation of results. Flinn developsa job search and wage bargaining model that is capable of generating labor market outcomesconsistent with observed wage and unemployment duration distributions, and also can account forobserved changes in employment rates and wages after a minimum wage change. Flinn uses previousstudies from the minimum wage literature to demonstrate how his model can be used to rationalize andsynthesize the diverse results found in widely varying institutional contexts. He also shows howobserved wage distributions from before and after a minimum wage change can be used to determine ifthe change was welfare-improving. More ambitiously, and perhaps controversially, Flinn proposes theconstruction and formal estimation of the model using commonly available data; model estimates thenenable the researcher to determine directly the welfare effects of observed minimum wage changes.This model can be used to conduct counterfactual policy experiments--even to determine"optimal" minimum wages under a variety of welfare metrics. The development of the modeland the econometric theory underlying its estimation are carefully presented so as to enable readersunfamiliar with the econometrics of point process models and dynamic optimization in continuous timeto follow the arguments. Although most of the book focuses on the case where only the unemployedsearch for jobs in a homogeneous labor market environment, later chapters introduce on-the-jobsearch into the model, and explore its implications for minimum wage policy. The book also containsa chapter describing how individual heterogeneity can be introduced into the search, matching, andbargaining framework.

Career Development and Job Satisfaction
Career Development and Job Satisfaction

Author: Josiane Fahed-Sreih

Publisher: BoD – Books on Demand

Published: 2020-09-09

Total Pages: 100

ISBN-13: 1838807462

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This book, Career Development and Job Satisfaction, not only looks at how employees can develop their careers and create career paths that are meaningful for their lives, it also looks at keeping employees satisfied with their jobs.This book highlights how to work with the millennial generation and being able to motivate them and guide them through their careers. It presents case studies on satisfaction and career planning. The function of human resource management has an important implication on the performance of the whole organization and giving it acute attention can enhance the performance of the business.

Hands-on Training
Hands-on Training

Author: Gary R. Sisson

Publisher: ReadHowYouWant.com

Published: 2010-05-07

Total Pages: 178

ISBN-13: 1458756785

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The first book to detail a systematic, practical, and easily applicable approach to On-the-Job Training (OJT) Outlines a simple 6-step process that those performing OJT can easily follow to train workers to do their jobs Presents a proven approach to training workers on job skills that is truly low cost and high return-and does not require extensive documentation or long development times On-the-Job Training (OJT) is the single most used training method in organizations today. But it is also the most misused-because very few of those doing OJT are ever trained how to do it. In Hands-On Training Gary Sisson draws on his thirty-five years of experience to lay out a simple, systematic approach to OJT that can be understood and applied by anyone in any organization - managers, line or staff supervisors, employees and both internal and external human resource and training professionals. Using the acronym ''HOT POPPER'' to help readers remember the parts of the process, Hands-On Training (HOT) outlines six easy steps: P-Prepare for training O-Open the session P-Present the subject P-Practice the skills E-Evaluate the performance R-Review the subject Within each of the steps are techniques that allow the trainer to apply the system to virtually any job or skill. Hands On Training presents a universal training method that needs little, if any modification to fit different jobs. Its emphasis on structured OJT-one of the few types of training that is theoretically sound and at the same time may be fully integrated into the work place-makes it ideal for training people in applied skills, such as manual sensory skills, procedure following, and problem solving. Truly low-cost, high return training, Hands-On Training is perfect in low budget situations where an organization lacks funds to develop a more formalized training system. It requires very few resources, doesn't require special developmental efforts, and can be totally administered by the workers themselves without creating an extra burden on management.