It is irrefutable to say that permitting people to work even after retirement age may create some issues for organization However, some people firmly believe that it is always beneficial to have a senior employer in their staff but I strongly believe that it should not be the case. The following paragraph would shed light on my personal perspective along with an apt example.
On the one hand, elder employees have tons of experience. They are in this field for ages and they are capable of giving valuable inputs which help to tackle complicated issues in a short period of time. Beside this, they are the best teacher. Thus, they not only have academic know-how, but commercial experience too. Subsequently, they can contribute toward progression and betterment of the organization. To illustrate, a recent survey in India stated that, 90% senior employee are more loyal and committed towards company as compared to the younger generation working in the same firm.
On the other hand, technology is the new phenomenon and changing the way business around the globe. The golden generation is reluctant to adopt the changes and technologies. Furthermore, it is quite expensive to retain personnel who are at the top of the hierarchy ladder as most of these posts are occupied by older one as compared to hiring new campus pass-out. For example, in Reliance Industries, salary of VP is almost three times as compared to management trainee.
Last but not least, age will affect the quality of work. With age human memory get weak and due to some stress related problems they start to forget everything and thus eventually could not concentrate on work.
To recapitulate, older people should be respected and we should gain knowledge from their experiences, but I firmly believe that seniors should vacant post for the youth and should be given more opportunities. It will be more beneficial for society as well as for the nation.
It is irrefutable to say that permitting
people
to work even after retirement
age
may create
some
issues for organization
However
,
some
people
firmly
believe that it is always beneficial to have a senior employer in their staff
but
I
strongly
believe that it should not be the case. The following paragraph would shed light on my personal perspective along with an apt example.
On the one hand, elder employees have tons of experience. They are in this field for
ages and
they are capable of giving valuable inputs which
help
to tackle complicated issues in a short period of time. Beside this, they are the best teacher.
Thus
, they not
only
have academic know-how,
but
commercial experience too.
Subsequently
, they can contribute toward progression and betterment of the organization. To illustrate, a recent survey in India stated that, 90% senior employee are more loyal and committed towards
company
as compared to the younger generation working in the same firm.
On the other hand
, technology is the new phenomenon and changing the way business around the globe. The golden generation is reluctant to adopt the
changes
and technologies.
Furthermore
, it is quite expensive to retain personnel who are at the top of the hierarchy ladder as most of these posts
are occupied
by older one as compared to hiring new campus pass-out.
For example
, in Reliance Industries, salary of VP is almost three times as compared to management trainee.
Last
but
not least,
age
will affect the quality of work. With
age
human memory
get
weak and due to
some
stress
related problems they
start
to forget everything and
thus
eventually
could not concentrate on work.
To recapitulate, older
people
should be
respected and
we should gain knowledge from their experiences,
but
I
firmly
believe that seniors should vacant post for the youth and should be
given
more opportunities. It will be more beneficial for society
as well
as for the nation.