Nowadays, many companies are adopting the policies of recruiting human resources for their whole life span. I completely agree with this transformation due to these prime reasons. Firstly, employees will not leak the company secrets to other firms. Secondly, organizations may save huge wealth for the training processes of new workers. This essay intends to analyze both reasons for my belief in details with suitable examples.
First of all, working for whole life period for association automatically eliminate the risks of leaking out of the company secrets. For example, if an association replace their staff members every year then organizations investment plans, production procedures and confidential information may be leaked through ex-workers. As a result, firms may suffer from mammoth profit losses. Therefore, I believe that team member who will do the job for the entire life span could not leak out the corporation's data even after retirement. A recent survey by "The Times of India" reveals that 40% of workers claimed that they have shared the enterprise confidential information to other firms for sake of huge money.
Furthermore, I opine that companies may save huge training cost of new employees. Due to the continuous change of workers, firms have to invest excessive wealth in the raining of new staff members so that they could work without any error. Consequently, firms would have saved enough fund by maintaining existing trained workers. This rescued capital might be used in other development processes of the association. For instance, in 2019, "The Dell" a famous software enterprise claimed that they could save one million dollars of training cost by maintaining existing employees.
In conclusion, it is indeed true that many corporations are applying the policies of hiring job workers for their whole life period. Because not only employees will not leak out the company policies to other firms but also organizations may save huge investment in training operations of new workers.
Nowadays,
many
companies
are adopting the policies of recruiting human resources for their whole
life
span. I completely
agree
with this transformation due to these prime reasons.
Firstly
, employees will not leak the
company
secrets to
other
firms
.
Secondly
, organizations may
save
huge
wealth for the
training
processes of
new
workers
. This essay intends to analyze both reasons for my belief in
details
with suitable examples.
First of all
, working for whole
life
period for association
automatically
eliminate the
risks
of leaking out of the
company
secrets.
For example
, if an association replace their staff members every year then
organizations
investment plans, production procedures and confidential information may
be leaked
through ex-workers.
As a result
,
firms
may suffer from mammoth profit losses.
Therefore
, I believe that team member who will do the job for the entire
life
span could not leak out the corporation's data even after retirement. A recent survey by
"
The Times of India
"
reveals that 40% of
workers
claimed that they have shared the enterprise confidential information to
other
firms
for sake of
huge
money.
Furthermore
, I opine that
companies
may
save
huge
training
cost of
new
employees. Due to the continuous
change
of
workers
,
firms
have to
invest excessive wealth in the raining of
new
staff members
so
that they could work without any error.
Consequently
,
firms
would have saved
enough
fund by maintaining existing trained
workers
. This rescued capital might be
used
in
other
development processes of the association.
For instance
, in 2019,
"
The Dell
"
a
famous
software enterprise claimed that they could
save
one million dollars of
training
cost by maintaining existing employees.
In conclusion
, it is
indeed
true that
many
corporations are applying the policies of hiring job
workers
for their whole
life
period.
Because
not
only
employees will not leak out the
company
policies to
other
firms
but
also
organizations may
save
huge
investment in
training
operations of
new
workers
.