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Employee training and development

C/HR/493. Cutting Expenditures on Human Resource Development: how is it going to affect Businesses in Future?

WORDS:
3100
DATE:
2009
PRICE:
39.99 GBP

The paper looks at the issues of Human Resource Development (HRD) in the UK during the current recession discussing the tendency of minimizing expenditure on employee training and development. It is argued whether saving money on the training function will help in businesses' long-term survival, or whether it will lead to skills shortage and the loss of competitive advantage in the future.

 

KEYWORDS: Recession, Employee training and development, T&D, HRD, Skills Shortages,