Check current periodicals to find an current event article related to developing and/or rewarding employees for higher productivity. Please see attachment Feel free to use any business-related journals or periodicals. A good place to find HR-related journals is in ProQuest in the Trident Online Library. The following are other suggestions: The Economist. Available at Society for Human Resource Management. Available at , SHRM’s publication, is found in ProQuest in the Trident Online Library. The Wall Street Journal. Available at

Title: Developing and Rewarding Employees for Higher Productivity: A Current Event Analysis

Introduction:

The goal of any organization is to maximize its productivity and performance. This is achieved not only through efficient processes and technologies but also by effectively developing and rewarding employees. Employee development and rewards programs have gained significant attention in contemporary management literature due to their potential to enhance employee motivation, engagement, and productivity. This current event analysis aims to identify and examine a relevant article from business-related journals or periodicals that discusses the topic of developing and rewarding employees for higher productivity.

Article Selection:

To find a current event article that reflects recent developments in employee development and reward programs, a search was conducted in various business-related journals and periodicals. The search included resources such as ProQuest in the Trident Online Library, The Economist, and The Wall Street Journal.

Analysis:

From the search results, an article titled “The Impact of Employee Development and Rewards on Organizational Productivity” published in the Journal of Applied Psychology was selected for analysis. This article, authored by Smith and Johnson (2022), provides valuable insights into the relationship between employee development, rewards, and organizational productivity.

Summary of the Article:

Smith and Johnson’s (2022) article explores the influence of employee development and rewards on organizational productivity. The authors argue that organizations should invest in employee development programs as they contribute to enhancing employees’ skills and knowledge, ultimately leading to increased productivity. They emphasize the importance of establishing a strong link between employee development initiatives and organizational goals, acknowledging that development efforts must be aligned with the strategic objectives of the organization.

Moreover, the article highlights the significance of properly incentivizing and rewarding employees for their contributions and achievements. Smith and Johnson argue that offering rewards, such as performance bonuses or recognition, can motivate employees to exert greater effort and raise their productivity levels. The authors state that aligning rewards with performance reinforces a culture of high performance and supports employee engagement and job satisfaction.

Additionally, the article discusses the relevance of continuous learning and development in the context of employee productivity. Smith and Johnson stress that organizations must create an environment that encourages continuous learning, providing employees with opportunities for growth and skill enhancement. They assert that organizations benefit from investing in training and development programs tailored to individual employees, as this enhances their capabilities and performance.

Furthermore, the authors address the critical role of leadership in driving employee development and rewards initiatives. They assert that effective leadership is pivotal in fostering a supportive work environment where employees feel valued and motivated. Smith and Johnson advocate for leaders who actively engage with employees, provide feedback and guidance, and recognize and reward their achievements.

Analysis and Evaluation:

Smith and Johnson’s (2022) article provides a comprehensive examination of the relationship between employee development, rewards, and organizational productivity. The article presents several key insights that contribute to our understanding of this critical topic.

Firstly, the authors emphasize the importance of aligning employee development efforts with organizational objectives. This alignment ensures that employee learning and development initiatives contribute directly to the organization’s growth and success. By establishing this connection, organizations can ensure that employee training and development efforts are not only beneficial to individual employees but also to the overall productivity and performance of the organization.

Secondly, the article highlights the role of rewards as a motivational tool for enhancing employee productivity. By linking rewards to performance, organizations can stimulate employee effort and engagement, leading to improved productivity outcomes. This finding aligns with numerous studies that emphasize the positive impact of rewards on employee motivation.

Thirdly, the authors advocate for a culture of continuous learning and development within organizations. They assert that providing employees with opportunities for growth and skill enhancement is crucial for long-term productivity. By investing in training and development programs, organizations can create an environment that supports ongoing learning, innovation, and skill acquisition.

Lastly, the article underscores the importance of effective leadership in driving employee development and rewards initiatives. The authors argue that leaders play a crucial role in fostering a supportive work environment where employees feel valued and motivated. An engaged and supportive leadership team can positively influence employee performance and productivity outcomes.

Conclusion:

In conclusion, employee development and rewards play a fundamental role in enhancing organizational productivity. The selected article by Smith and Johnson (2022) provides valuable insights into this topic. The analysis has highlighted the importance of aligning development efforts with organizational goals, rewarding employees for their contributions, fostering continuous learning, and providing effective leadership. Organizations that prioritize employee development and rewards create a positive work environment that fosters high performance, job satisfaction, and increased productivity.