Some people argue that it is not wise for an industry to replace its experienced but old workers with new and young yet inexperienced individuals. To what extent do you agree or disagree?

Nowadays, almost all the companies are looking to enhance their position in their respective sector to achieve

this

Linking Words

they are implementing a wide range of thoughts to reach their goals. Companies are not willing to retain their employees once they reached the retirement age. I agree with the thought process of the firms, which are replacing their well experienced and senior professionals with teenagers who are lacking in experience.

This

Linking Words

essay will discuss the reasons behind the changeover in the ideology in the business sector. To commence with, The companies which are having their total average age of employees more than 40 years are performing less compared to their arch rivals,

this

Linking Words

is due to the reason that the senior workers cannot produce that much productivity as they were yielded in their teenage. So, it is a drawback for the management to continue with them.

For Instance

Linking Words

, a recent survey conducted by “TIMES” Magazine reflected that, the growth rate of business firms is higher for those who employed more young people than the senior and experienced professionals.

In addition

Linking Words

to

this

Linking Words

, The Management tends to cut their annual expenditures by reducing their senior employees who are getting higher salaries.

This

Linking Words

is because; the firm should pay their employees’ wages irrespective of their turnover

this

Linking Words

sometimes may be a burden for them.

For example

Linking Words

, if a management is running in deficit

then

Linking Words

this

Linking Words

idea would be a great relief for them.

On the other hand

Linking Words

, some people may argue that, replacing the experienced and adroit persons will affect the business and the productivity, but

this

Linking Words

is not so convincing because, the same can be achieved by training the new young and inexperienced people with in no time.

For example

Linking Words

, in 1998 a gas refinery in the USA, has terminated their senior employees to recruit new, inexperienced people

this

Linking Words

proved costly for them and results in a loss of about 1 Million dollars in a month. In conclusion, it is a good solution to implement by replacing the senior employees with new and inexperienced people to strengthen the productivity by making them to work for more hours by paying less amount of money and

hence

Linking Words

to limit the expenses of the firms though. It is a bit expensive to train them, but

this

Linking Words

is a short term process,

however

Linking Words

the results will be much better in future.