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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