Benefits of working for same organization.
Job Security: Staying with the same organization for an extended
period can provide an individual with job security as they are more likely to
be retained during times of economic downturns or layoffs. For example, an
employee who has been with the same company for 20 years is more likely to be
retained during a layoff as compared to an employee who has been with the
company for only a few months.
Stronger Professional Networks: An employee who has worked for the same organization
for a significant period of time is more likely to have established strong
professional networks within the company, which can be beneficial for career
advancement and problem-solving. For example, an employee who has worked for
the same company for 15 years may have established a strong professional
network within the company, which can help in identifying potential job
opportunities and providing support during difficult projects.
Familiarity with the Company Culture: An employee who has worked for the same organization
for an extended period of time will have a strong understanding of the company
culture, values and policies, which can help them navigate the organization and
make better decisions. For example, an employee who has worked for the same
company for 10 years may have a good understanding of the company culture,
which can help them better understand the company's vision and mission and
align their work accordingly.
Drawbacks of working for same organization
Limited Career Advancement
Opportunities: Staying with one
organization for an extended period may limit an individual's career
advancement opportunities as they may not have the same access to diverse job
experiences and skill development opportunities as those who have worked for
multiple organizations. For example, an employee who has worked for the same
company for 20 years may have limited experience in managing a team or working
in a different industry compared to an employee who has worked for various
companies.
Decreased Job Satisfaction: Over time, an employee may become disengaged or bored
with the same job responsibilities and tasks. As a result, they may experience
decreased job satisfaction and motivation, which can negatively impact their
performance and overall well-being. For example, an employee who has worked in
the same customer service role for 10 years may become disengaged and
demotivated as they may not be challenged by the same tasks.
Limited Earning Potential: An individual's earning potential may be limited by
remaining with the same organization all their working life, as they may not
have the same negotiating power and opportunities for salary increases as those
who have worked for multiple organizations. For example, an employee who has
been with the same company for 15 years may not have the same earning potential
as an employee who has worked for several companies, and thus may be earning
less than their peers.
- Job security - the ability to keep one's job during difficult times
- Professional networks - connections and relationships with people in one's field or industry
- Company culture - the values, beliefs, and practices that shape an organization's behavior and attitudes
- Career advancement - the process of moving to a higher level or position in one's profession
- Diverse job experiences - different types of work experiences in different fields or industries
- Skill development - the process of acquiring new skills or improving existing ones
- Job satisfaction - the degree of contentment one feels with their job
- Provide with - to give something to someone
- Be retained during - to be kept during a particular time
- Establish strong - to make something strong or powerful
- Identify potential - to discover or recognize the possibility of something
- Provide support - to give help or assistance
- Limit opportunities - to restrict or reduce the chances for something to happen
- Become disengaged - to lose
Benefits of working for different organization
Diverse Job Experiences: Constantly changing organizations can provide an
individual with diverse job experiences, which can lead to the development of a
wide range of skills and knowledge. For example, an employee who has worked for
3 different companies in the last 3 years, one in retail, one in consulting and
one in technology will have diverse job experiences that can help them develop
a wide range of skills and knowledge that can be beneficial for their future
career.
Exposure to Different Industries and
Organizational Structures: Frequently
changing organizations can expose an individual to different industries and
organizational structures, which can broaden their understanding of the business
world and provide them with a more well-rounded perspective. For example, an
employee who has worked for 2 different companies in the last 2 years, one in
the healthcare industry and one in the finance industry will have exposure to
different industries and organizational structures, which can broaden their
understanding of the business world.
Opportunities for Career Advancement: Constantly changing organizations can open up new
opportunities for career advancement, as an individual may be able to take on
new roles and responsibilities in different companies. For example, an employee
who has worked for 4 different companies in the last 4 years, one in marketing,
one in finance, one in operations and one in human resources will have
opportunities for career advancement as they will have taken on new roles and
responsibilities in different companies.
Drawbacks of working for different organization
- Tenure - the length of time that someone has held a particular job or position
- Seniority - the length of time that someone has been in a particular job or profession
- Adaptation - the process of adjusting to new conditions or situations
- Exposure - the state of being open to or affected by something
- Consistency - the quality of being steady and unchanging over time
- Trauma - a deeply distressing or disturbing experience
- Negotiating - the act of discussing or process in which two or more parties try to reach an agreement
- Mentorship - the guidance and support provided by a more experienced or knowledgeable person
- Downsizing - the reduction of the size of a company or organization
- Recruitment - the process of finding and hiring new employees.
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