Undoubtedly recent decades have witnessed a surge in the number of people who prefer to work for a variety of companies. where as a particular school of thought advises that is not the way to go. I totally agree with the notion that having a one-company career is better.
Sticking to a same workplace can, no doubt, generate umpteen benefits for professionals. The most obvious one is security of job and financial matters. Long term employees of Tata Steel, For instance, normally get financial security such as a higher salary and a decent pension plan and moreover, during a recession, company retains its senior workforce and often newly hired staff are laid off for cost cutting. Hence their seniority and long term association make them entitled to incentives like gratuity, extended leaves, loans and so on which can be of great value in future. Another benefit which long term association brings is enhanced expertise in a specific domain that they gain during their tenure in the workplace so Because of their vast experience, their company will also be interested to retain them as the same level of competency cannot be expected from a newcomer. Hence, the years of experience they have, working in the same field definitely give them an edge over those who switch careers frequently. This supports the argument that continuing the same job over years has several positive facets.
On the contrary, changing a profession often leads to exponential financial boost in the income of an employee. In other words, switching jobs become vital in getting financial boosts as the employees are offered more incentives and a better salary structure when they change jobs, especially during the early phases of career. however, this may not only lead to job insecurity but also may seriously hinder(hamper/impede) their career prospects consequently they are less likely to receive a promotion or rise. Moreover their chances of acquiring expertise are also bleak.
After looking at these two opposing points of view, it is felt that changing jobs every once in a while is of more benefit. However, it is recommended that one should judge the situation prior to make a decision.
Undoubtedly
recent decades have witnessed a surge in the number of
people
who prefer to work for a variety of
companies
.
where as
a particular school of
thought
advises
that is
not the way to go. I
totally
agree
with the notion that having a one-
company
career
is better.
Sticking to a same workplace can, no doubt, generate umpteen benefits for professionals. The most obvious one is security of
job
and
financial
matters. Long term employees of Tata Steel,
For instance
,
normally
get
financial
security such as a higher salary and a decent pension plan and
moreover
, during a recession,
company
retains its senior workforce and
often
newly
hired staff
are laid
off for
cost cutting
.
Hence
their seniority and long term association
make
them entitled to incentives like gratuity, extended
leaves
, loans and
so
on which can be of great value
in future
. Another benefit which long term association brings
is enhanced
expertise in a specific domain that they gain during their tenure in the workplace
so
Because
of their vast experience, their
company
will
also
be interested
to retain them as the same level of competency cannot be
expected
from a newcomer.
Hence
, the years of experience they have, working in the same field definitely give them an edge over those who switch
careers
frequently
. This supports the argument that continuing the same
job
over years has several
positive
facets.
On the contrary
, changing a profession
often
leads to exponential
financial
boost in the income of an employee.
In other words
, switching
jobs
become vital in getting
financial
boosts as the employees
are offered
more incentives and a better salary structure when they
change
jobs
,
especially
during the early phases of
career
.
however
, this may not
only
lead to
job
insecurity
but
also
may
seriously
hinder(hamper/impede) their
career
prospects
consequently
they are less likely to receive a promotion or rise.
Moreover
their chances of acquiring expertise are
also
bleak.
After looking at these two opposing points of view, it
is felt
that changing
jobs
every once in a while is of more benefit.
However
, it
is recommended
that one should judge the situation prior to
make
a decision.