Experts throughout both the developing and developed world have debated whether the old age employees or young employees are more beneficial to the company.
This
essay will discuss both the views with examples of the UK government and Oxford University to demonstrate points and prove arguments.
There is ample evidence that supports the argument that the elderly employees provide better decisions under pressure than their younger counterparts. The central reason behind Linking Words
this
is, veterans have invaluable hands-on experience which plays a key role in making day to day, important and crucial decisions and guidance to the young generation. Linking Words
For example
, recent empirical research by the UK government demonstrated that companies in the UK Linking Words
maintaining
70% of employees as the higher age group has seen unprecedented and Suggestion
maintain
are maintaining
sustainable
growth of 25% for over 5 years.
Suggestion
sustained
Although
there is a case for enthusiasm, practical approach, risk-taking ability and even learning new technology, it is surprising that some companies still prefer a higher percentage of the employed as old-age. Linking Words
This
is largely because as emerging markets are predicted to be changing at fast- Linking Words
pace
, necessary skills need to be adopted quickly which suits Suggestion
paced
better
to the features of the young generation. Suggestion
best
For instance
, an extensive study by Oxford University shows that over 90% of jobs around the globe would be required skills that have adaptability and problem-solving ability.
From arguments and examples given, I believe that in order to achieve sustainable growth in the future, companies should counterbalance between both age groups, as companies require guidance and decisions of the elderly as well as pro-activeness and adaptability of youth.Linking Words