It is an undeniable fact that any
organisation
's true worth is known by the value of its human capital asset. A popular belief among a faction of the workforce is that the term spent by an employee with the Use synonyms
organisation
is the critical determinant of their career Use synonyms
growth
. Use synonyms
However
, there is another set of people who oppose the idea of tenure being the deterministic factor. In my opinion, meritocracy alone should be rewarded with promotion, irrespective of the length of association with the Linking Words
company
.
In most cases, a Use synonyms
company
's Use synonyms
growth
is the apparent outcome of whether employees come to work to do a nine-to-five job or are enthusiastic about going the extra mile and contributing to the Use synonyms
company
's success. Use synonyms
Furthermore
, Linking Words
this
difference in a worker's attitude makes a remarkable impact on the long-term Linking Words
growth
of a Use synonyms
company
. Use synonyms
In particular
, the predominant reason that differentiates a Linking Words
company
from its peers is that it often has proactive employees who take initiatives to deal with new challenges facing the industry. To illustrate Use synonyms
further
, a recent survey of over 100 organisations in the same field, revealed that companies that recognised and rewarded talented employees had an 80% higher probability of increased annual Linking Words
growth
.
As can be expected, ample opportunities are available for skilled employees in today's competitive job market. Not only is it challenging to find the right talent, but Use synonyms
also
great effort goes in retaining top-performing employees. Linking Words
Hence
, a Linking Words
company
that sets a precedent of rewarding only long-tenured employees will have many diligent workers leaving the Use synonyms
organisation
. For Use synonyms
this
reason, a highly talented employee who is passed over for promotion for some long-tenured colleague will be highly de-motivated. She will have no qualms looking for better opportunities and moving to a Linking Words
company
that will merit hard work and efforts. In effect, Use synonyms
this
will leave the Linking Words
organisation
with employees working at minimal levels of productivity, thereby bringing down the output level.
In conclusion, companies should revisit their appraisal policy and not promote people solely on their tenure. Overall, I would strongly affirm that organisations should recognise and reward talented employees with commensurate remuneration based on their efforts and contribution to the workplace.Use synonyms
RS