Designing Compensation Systems and Employees Benefitts

The Value and Importance of Training

Sylvia Morris

Professor Przybyl

BUS 407

April 29, 2012

Briefly describe what the organization is and what it does.

Michelin North America is 1 7.25 billion dollar a year company operating 18 plants in 16 locations and employs 22,270 people. Michelin manufactures and sell tires for airplanes, automobiles, farm equipment, heavy duty trucks, motorcycles, bicycles, and the space shuttle. It manufactures tires in six states: Alabama, Indiana, Ohio, Oklahoma, North Carolina and South Carolina. Two plants specialize in the manufacturing of semi-finished goods, taking raw materials and turning them into components for the plants that produce tires.

Michelin has been a part of the tire industry in the United States since 1907 when it purchased the international Rubber Company in Milltown, New Jersey. Tires and tubes were manufactured there until 1930 when the Great Depression took its toll on what had become the fourth largest tire manufacturer in the country with 2,000 employees. The Michelin North America as we know it today took form in March of 1950. With three sizes and two different tread designs of truck tires made with metallic plies, five people started Michelin Tire Corporation in New York City. There was an executive vice president, a vice president of sales, a secretary, a warehouse supervisor and one newly hired sales representative. The tires cost 40-50% more than the competition, but their construction with the metal plies bonded to rubber allowed Michelin salesmen to offer a tire solution to fleet operating under the most severe conditions. This included fleets dealing with extremely heavy loads and in the sanitation business. This strategy established a reputation of durability and quality still prevalent today in the modern trucking industry.

Assess the current trends in training and determine which is most appropriate to the organization you selected.

The training trend I believe is most appropriate for...