In this fast-paced life, each and every company wants to increase their production and want to gain more profit form their product selling some companies believe that hiring young people and giving older people retirement will help their company to grow faster than before, while other believes that having experienced old workers will bring more profit to organization. I will be discussing both the sides in this essay and in conclusion I will give my opinion what is good for company.
To begin with, it is true that after certain age our body starts giving some health issues it is batter to take retirement for job this will be beneficial for employee as well as for the company. Young people are more physically fit that old people, so they can do labor work like pushing and pulling of heavy weights easily than that of aged employees which makes them more suitable of doing labor works more faster and quicker, company needs that only for more production. Additionally, they can learn new technology faster as they are more in new tach era, for example, if the company has decided to install new machine for leaning that new technology young employee will require a smaller number of tanning lessons as compare to that of older people this will save money of organization and can be used in future.
In contradictory, having experienced worker is also important in any company and experience can only be gained after certain years of hard work and performing same task on regular bases. Performing same work regularly will reduce the chances of error in the work. For instance, if someone who is having five years of experience in electrical maintenance department will have more knowledge as compare to new employee who is younger then him or her ,also the possibility of making errors is less ,such as older employee will always double check all the connections in the system is done properly or not if they are not connected properly it might damage the machinery.
To conclude, having older people at work place will be beneficial for till particular age after that it is good to give them retirement to them as they can not be able to manage the stress of work at that age also the company have to spend more money in their training as well as on their insurances, so hiring new and young employee will give company more profit and help organization to grow faster.