Mad_About_Money_final Jan 2017 | Page 23

MadAbout

Money

Even jobs that fell out of this category were considered safe if people worked in the same place for many number of years. People performed these jobs in a monotonous manner which in turn made them feel highly safe and steady. This scenario persisted for many decades emphasizing the relativity between the duration and job security.

There is no single factor that helps organizations retain work force for lonthe race. The vast exposure world wide web and technological advancements have thrown on people has complicated life more than value adding to the same. People have started dragging themselves towards the competitive edge in such a fast paced manner that there is no such thing as a secure job today.
COMPETITION IS COMPLICATING THINGS
The speed in which the world is moving today has inculcated a thought process that is totally opposed to the earlier day thinking. Today, the longevity of service is no more related to security of the job being done. Performance parameters have become highly stringent for every role in organizations. People’ s performance levels are being assessed in a periodical manner irrespective of the duration of their association with
Organizations today work based on the performance of employee. This calls for constant up-gradation of one’ s skill sets to suit market standards from time to time.
ger duration of time. As long as one performs and business requirements are being met, he is on the job. The moment when these factors go for a toss, the job is out of hand. This approach of the organizations as well as the individuals has created a scenario today where there is no such thing as a secure job.
JOB SCENARIO TODAY
The world has become highly competitive. We live in a professional era that is absolutely different from the yester years. Every moment matters for succeeding in career. Anyone who slacks in thinking for a few seconds faces the danger of losing out in the organization. These performance standards mostly depend on the business expectations from the concerned market and the performance of the Competitors.
KEY DIFFERENCES IN APPROACHES
Organizations today work based on the performance of employee. This calls for constant up-gradation of one’ s skill sets to suit market standards from time to time. Unlike the olden days, people no more stick to jobs in organizations beyond a point of time. Being with organizations depends on the growth prospects that it is able to provide to every employee. People quit organizations very frequently for higher money and positions. Today, Employees’ expectations from a job are typically the money they earn and experience they gain out of being on rolls. No emotional or psychological bonding gets created between employees and organizations relieving them of any commitments towards each other. Once an employee feels he is ready for the next level, he jumps job without setting any expectations on the job security aspect.
CONCLUSION
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