Nowadays managers and team leaders in different organizations are much younger compared to the past. What are the reasons for this? Is it a positive or negative development?

Nowadays, various companies are lead by young team leaders and managers as compared to the past.
This
trend is exponentially growing around the globe.
However
,
this
is a negative
development
and
this
essay will discuss the specific reasons for
this
growth.
To begin
with, there are two significant reasons for
this
kind of
development
.
Firstly
, the younger generation has more degrees and knowledge as compared to the previous generations. So it leads to more recruitment of younger people as supervisors
instead
of the fact that they do not have any experience to direct company. To illustrate, recently, the company of textiles got sealed by the ministry due to the fraud and black money cases on the managers.
Thus
, the adults want to be wealthy faster by taking certain types of shortcuts which lead to negative results.
Secondly
, in terms of elder people, the retirement ages are shorter and the pay scale is twice as less as in the past 5 years. So, experienced people are leaving work in between or sometimes they resigned from the work because they can not fulfil their basic necessities with
s
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mall amount of money.
For example
, research study conducted on the comparison of pay rate of elders and young adults, it was indicated that only 80% of younger people got their desired amount of money while other populace got only 20% of the market rate.
As a result
,
this
negative
development
shows an upward trend in recent years. To conclude, it is a negative
development
which will impact the economy of the world as well. Recruiters should give priority to candidates on the basis of all skills and experience
instead
of choosing only one quality
Submitted by jasleenchahal4 on

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Topic Vocabulary:
  • Advanced education
  • Early career development
  • Technological advancements
  • Digital revolution
  • Organizational structures
  • Innovation
  • Creativity
  • Adaptability
  • Productivity
  • Competitive
  • Global markets
  • Multicultural team dynamics
  • Generational differences
  • Suboptimal decision-making
  • Rapid promotion
  • Traditional managerial skills
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