Chelsea Paper Products is a large manufacturer that employs nearly 800 workers. Executives at the company are interested in implementing a training and development program in order to improve employee competencies and enhance the firm's overall performance. Which of the following most likely supports the plan to establish a training and development program at Chelsea? Firms of similar size typically provide mentors to new employees. Other firms in the paper industry are implementing T&D programs. The firm's new CEO established a T&D program at a previous firm. The firm has consistently had a high turnover rate in all departments.

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04-04-2020
Business

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Chelsea Paper Products is a large manufacturer that employs nearly 800 workers. Executives at the company are interested in implementing a training and development program in order to improve employee competencies and enhance the firm's overall performance. Which of the following most likely supports the plan to establish a training and development program at Chelsea? Firms of similar size typically provide mentors to new employees. Other firms in the paper industry are implementing T&D programs. The firm's new CEO established a T&D program at a previous firm. The firm has consistently had a high turnover rate in all departments.

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Parrain Parrain · Answer 1 · 2020-04-05T02:43:18+02:00

Answer: The firm has consistently had a high turnover rate in all departments.

Explanation:

If the firm has a high turnover rate in all departments this means that there is a high number of employees leaving the company.

For this reason, it would be best to initiate a Training and Development program at Chelsea Paper Products.

Some of the benefits of T&D programs include, increased job satisfaction, morale and motivation amongst employees. This would reduce the high turnover rate as employees would be happier to work at Chelsea PP as they feel more fulfilled.

Additional benefits include a better bottomline and increased innovation in the company which can give them an edge in the industry.

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