Pay and benefits are about market forces and the idea that there’s a market price for each job. Determining how much to pay and what benefits to provide is therefore about analysing the labour market. Guesswork and bias are the big enemies. But there are huge issues about equity. Here are some of the issues.
How can we be sure that a given training intervention will indeed change the company system and give return on investment? Training has to be transferred from the learning environment of trainer and trainee to the work environment of manager and worker. The efficiency of transfer of training depends on a huge number of variables, each associated with the characteristics of the manager, trainee, trainer and the work environment.