THE DIFFICULTIES IN RECRUITING, TRAINING, MOTIVATING AND REWARDING Essay

THE DIFFICULTIES IN RECRUITING, TRAINING, MOTIVATING AND REWARDING STAFF IN A GIVEN FINANCIAL SERVICES COMPANY - Essay Exampleensures that the employees are as enthusiastic approximately the business and they are devoted towards their organization.Involving employees in taking decision for the company and their opinion for reservation utility leads company to success. If top management involves their employees in companys affairs, they leave behind feel recognition and self respect and they will perform even better. It similarly helps in building trust and motivates employees.Bonuses or reward can alike be a considerably and effective way to encourage and motivate employees. Through this border, they will circumvent to know that, they are playing well in the organization and they are beneficial for the company as well. Bonus must be designed in such a way that people or employees understand that there is no payment in terms of bonus unless the company gets the profit and al so exceeds the level of profitability. Bonus and reward is also based on teams success and the individuals performance.Feedback is also an important cistron in HRM process. If an employee or a person is performing well, he will participate to enhance or Increase Companys productivity. He/she will be appreciated for this and should be recognized for his/her work in a positive and in effective way.Evaluation of the performance should be taken fairly. There is a drive to develop a performance evaluation system which focuses on individual performance. Self rating as a part of evaluation process encourages or empowers employees. Evaluation becomes fairer if it is based on the records of and achievements of the employee. HRM practice and policies countenance several good and effective ways of organizing and managing organizations functions. It also gives or provides help to develop effective strategies for making the company or organization more productive and successful. Employees pla y a lead role in any organization, so the polices and practices regarding employee or human resource should be followed effectively and in a good manner. ORGANIZATIONAL BEHAVIOROrganizational behavior is the body of knowledge which describes, analyzes and explains how organization influences the behavior of the members or employees and how they reply to the performance and ecology/culture of the organization or environment. Organizational behavior focuses on several functions and process of organization such as recruiting, rewarding, compensation, motivation etc it also focuses the problems and difficulties of the organization.DIFFICULTIES IN RECRUITING, TRANING, MOTIVATING AND REWARDING STAFF IN DAVENHAM GROUP (Finance Company in UK)Davenham Group is a leading specialist, commercial finance company performing its functions in UK. Established in 1991 and divided into