Some say that
young and energetic employees are the most valuable for the company, others
argue that older employees have more experience and knowledge. To what extent
do you agree or disagree? Give your opinion and examples, based on your own
experience.
With several corporates aiming to reducing their size and
optimize utilization of each resource, their focus has shifted to creating
adaptive human resources policies which in turn profess weeding out unsuitable
personnel to improve the productivity. This for some HR professionals means
leaning towards retaining young people and axing older employees. This has
raised a conflict of sorts among several sections on this issue.
The young people are fresh and raw and they have all the
enthusiasm and desperation to prove their point which pushes them to strive for
success and perform harder for the companies. Their constant struggle to ride
up the hierarchical ranks inspires them to apply themselves more dedicatedly.
Besides this, selection of younger personnel also guarantees infusion of fresh
aspirations which in turn brings around several benefits in form of increased
competitiveness.
Furthermore, selection of more and more workers belonging to
the young age groups means significant reduction in the financial outlay
allocated to welfare of the employees as the companies have to spend lesser
amount of money on medical bills and other privileges otherwise extended to
senior employees.
However, there are several strong contradictions to the
priority selection policy of the human resources departments across the world
as many experts feel that the presence of senior personnel does not only
guarantee precise execution of each critical task within the company but also ensures
presence of sufficient expertise for sound planning to take an organization forward.
The veteran employees are often highly experienced and seasoned and they also
have an in depth knowledge on intricacies of various conditions and ways of
handling contingencies that a company may need to negotiate in due course of
business.
In conclusion, I
personally that both the categories of employees is critical for an
organization.