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?

In the modern era, people tend to switch jobs and

also

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begin their careers early than they used to be earlier. Many people are of the view that

this

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further

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becomes tedious for the companies as well as the individuals.

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, both encounter a number of

challenges

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which would be discussed in

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essay.

To begin

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with, organizations face a number of

challenges

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one of which is the hiring cost, when a

company

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hires an

employee

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, a certain hiring cost is associated with that

employee

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clubbed with the efforts put in by the human resource department to scrutinize and hire the best for the

company

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.

Hence

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in ,case the

employee

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decides to switch his job early,

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company

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the company

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is bound to rehire another

employee

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which would again be a challenge.

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, when an

employee

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gets hired there is a cost of training and induction

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associated which is again an investment from the

organization

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’s perspective. On the flip side,

challenges

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related to

employee

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association can be faced by an

employee

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when he decides to switch jobs as he may have to cope with a different environment while he joins another

organization

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.

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, 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

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that might be associated with a new

company

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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

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minimize the attrition rate for the

organization

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.

For instance

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, companies tend to disburse extra incentive for sales managers

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over and above their CTC,

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bonuses during the festive season like Diwali are quite famous with Indian companies.

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, it would be beneficial for the

organization

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as well as the

employee

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as the individual would feel associated with his current

company

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for a longer period of time,

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the employer does not tend to lose a potential

employee

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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

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might face along with keeping a track of their career development while they are associated with their

organization

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.