People today change their jobs and even begin new careers more than ever before. This can cause difficulties for companies, as well as the individuals concerned. What challenges do they both encounter? What strategies are there to meet these challenges?
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In the modern era, people tend to switch jobs and
also
begin their careers early than they used to be earlier. Many people are of the view that this
further
becomes tedious for the companies as well as the individuals. Thus
, both encounter a number of challenges
which would be discussed in this
essay.
To begin
with, organizations face a number of challenges
one of which is the hiring cost, when a company
hires an employee
, a certain hiring cost is associated with that employee
clubbed with the efforts put in by the human resource department to scrutinize and hire the best for the company
. Hence
in ,case the employee
decides to switch his job early, company
is bound to rehire another Correct article usage
the company
employee
which would again be a challenge. Furthermore
, when an employee
gets hired there is a cost of training and induction that is
associated which is again an investment from the organization
’s perspective. On the flip side, challenges
related to employee
association can be faced by an employee
when he decides to switch jobs as he may have to cope with a different environment while he joins another organization
. Likewise
, it becomes another task for an individual to prove himself through the work he has to do, starting from scratch with a different set of barriers and challenges
that might be associated with a new company
with totally different managers and co-workers.
To safeguard both, organizations should indulge their employees with a set of benefits that may keep them motivated and further
minimize the attrition rate for the organization
. For instance
, companies tend to disburse extra incentive for sales managers that is
over and above their CTC, also
bonuses during the festive season like Diwali are quite famous with Indian companies. Hence
, it would be beneficial for the organization
as well as the employee
as the individual would feel associated with his current company
for a longer period of time, also
the employer does not tend to lose a potential employee
and face other issues that may incur.
To conclude, it is vital for the managers and human resource department to step in and engage the issues that an employee
might face along with keeping a track of their career development while they are associated with their organization
.Submitted by kaulsarthak28 on
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- Body paragraph 1 – Problems
- Body paragraph 2 – Solutions
- Conclusion
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- One of the first problems of the...
- Another problem that needs to be considered...
- A possible solution to this problem would be...
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