Steps Of The Development Planning

List the Steps of the Development planning process and describe the employee and company responsibility associated with each stepIdentify the major sources of dissatisfaction in work contexts and briefly describe their influence on Job SatisfactionJob responsibilities – bad quality of work Inadequate compensation – high turnover ratioDissatisfactory leadership–lack of focus on the goalsLack of motivation – no career developmentLack of skill set – bad quality of workDiscuss the importance of communication and participation in compensation managementRole of communication in designing any long term or short term incentive plan is of immense importance. The plan should be clear and concise to be understood by all the stakeholders that are: employees, HR professionals and the management. It should clear from the beginning that for what amount and quality of work how much will be the incentives. It should be communicated throughout the company regardless of who will receive the rewards. It is also important to be very transparent and fair in designing incentive plan in order to inculcate culture of congeniality among employees. They should be very well aware of the reward san recognition attached to their and other’s performance. Also, time frame to measure the group's