Who are the precious employees?
http://www.reportbd.com/articles/112/1/Who-are-the-precious-employees/Page1.html
Md. Fahim Hossain
North South University By Md. Fahim Hossain
Published on 22 August 2008
Employee is the most important element in an organization. By analyzing some issues we are come up with the final idea that the employee who are in mid and late career stages they are the most precious and valuable employee for the company.
Who are the precious employees?
Introduction
Our topic for this report is “AN EMPLOYEE IS PRECIOUS TO AN ORGANIZATION WHEN HE IS IN HIS/HER MID CAREER STAGE OR LATE CAREER STAGE” and we are going to discuss for this topic.
Employee is the most important element in an organization. They work hard and put their all effort, intension, knowledge for the company to produce a good number of outputs. The outputs can be in terms of money that is called profit, can be in terms of product or can be in management sector that is needed for the survival of the company. The word ‘precious’ indicates the best output of an employee that he can produce in every sector for the organization.
Now the issue automatically comes forward that who is the precious employees. There have different types of stages of an employee’s work life. It is not too difficult to find out the precious employees among all of them. By analyzing some issues we are come up with the final idea that the employee who are in mid and late career stages they are the most precious and valuable employee for the company. They can easily come up with a great number of ideas and techniques. They are more knowledgeable and experienced compare to entry stage’s employee all the way.
Discussion of findings
2.1 Employee
An employee is any person hired by an employer to do a specific "job". In most modern economies the term employee refers to a specific defined relationship between an individual and a corporation. Most individuals attain the status of employee after a thorough process of interviews with several departments within a company. If the individual is determined to be a satisfactory fit for the position, he is given an official offer of employment within that company for a defined starting salary and position. In an organization employees are the most important element. Without a success coordination of employees no company can achieve its organizational goal.
2.2 Organization
Organization is a group of people intentionally organized to accomplish an overall, common goal or set of goals. Business organizations can range in size from two people to tens of thousands. Organization is a system that is highly integrated in order to accomplish an overall goal. The system has various inputs which are processed to produce certain outputs, which together, accomplish the overall goal desired by the organization. There are several important aspects to consider about the goal of the business organization. There must have some concepts like- mission, vision, values, strategic goals, strategies, system and the process etc in an organization. Ideally, these features are carefully considered and established, usually during the strategic planning process.
2.3 Employee and the organization
Employee plays a vital role in an organizational system. This system has inputs, processes, outputs and outcomes. To explain, inputs to the system include resources such as raw materials, money, technologies and people. These inputs go through a process where they're aligned, moved along and carefully coordinated, ultimately to achieve the goals set for the system. Outputs are tangible results produced by processes in the system, such as products or services for consumers. If the employees are not serious about his/her duty then the organization may not be able to achieve its goal.
2.4 Career stages of an employee
In an organization there have different types of employee according to individual career stages. If we look a company then we can find three different stages of an employee. Entry career stage, mid career stage and late career stage. Entry career stage’s employee includes those who are just entering in a company. The beginning of his/her career is called entry career stage. When an employee works for a long time, 5 or 6 or 10 years then this is called mid career stage. And the late career stage means the last stage of an employee. In this stage employees are waiting to retire after working a longer period of time, more than 15/20 year. In every organization we can find all these three types of employee.
2.5 What does precious mean
The word ‘Precious’ means the things that have great value. In Human Resource Management, precious indicates those employees who are able to make a great value for the company. When an employee put his all effort, experience, knowledge, technologies & use them effectively with his mental strength then he is called precious employee. More precious employee means more effective organization, more valued organization. To make an employee precious, he need to achieve proper empowerment, have job efficacy, experience, knowledge, power of control, practical experience, self-motivated, more dependable etc. It is very important to make sure that every organization has some specialized, effective and precious employee. Because, these effective employees are the best treasures of an organization.
2.6 Who are the precious employees
Not all the employees are precious in an organization. Only the mid level and late level employees can be defined as a precious employee. Yes, the exceptions can be founded. But in general, most of the time mid/late stage’s employees are the most precious for an organization.
2.7 Reasons for calling them precious
There have many reasons for calling them precious employee. Entry level employees don’t have enough experience, knowledge, practical experience, knowledge about the market. However a mid or late level employee has enough experience, knowledge, knowledge about the market, empowerment, job efficacy, dependableness, power of control, everything. With all these key elements a mid/late level employee becomes more precious than the entry level employee all the way.
Analysis of the Reasons
3.1 Experience is the difference
Experience is the main reason that comes first when we suggest mid/late level employee as a precious employee. What does experience means? Experience is the thing that helps an employee to do his job and work more effectively and efficiently. Mid/late level employees have already concerned about his/her work that he had learnt from his own. So that his/r quality of doing job is very high. And with his/r experience he can increases his ability to perform the job. His performance, effectiveness and efficiency is always greater compared to an entry level employee.
i.e. If we consider Japanese Organizations then we can see that long term workers are the primary beneficiaries. Even the shareholders are not given priority over long-term employees. The long-term employees are involved in making decisions.
3.2 Greater knowledge than entry level employee
It is proved that the senior employees who joined to the company more than many years ago have greater idea and knowledge about the company compared to an entry level employee. Mid/late stage’s employee already knows the rules and regulation, company’s history and heritage, different departments, how the department works, other employees, their own work, boundary of their works, their power, hierarchical structure, mission, vision, goals, culture, philosophy, almost everything of the company. He is very much concern about the key elements for the success of the organization compared to an entry level employee. If company falls in a bad situation then he can handle it very nicely by his own experience. He can take a greater responsibility. However an entry level employee doesn’t have any real idea either about the organization or the work that he need to completes.
3.3 Effective decision maker
Problem solving and decision making are important skills for business and life. Decision making is especially important for management and leadership. It is not possible for all the employees to take effective decisions. However, as a precious employee, mid/late stage’s employee can do this. They can take effective decisions with their own judgment. But entry level employees don’t know what should they do and why in different case. They are hired only for doing the job not for taking high level decisions.
3.4 Greater knowledge about the market
All the mid/late level employees have greater knowledge about the market. They are involved with the market for a long period of time of his/her career. But the entry level employee are just entering in a job and learning so many things about his tasks, jobs, market, culture, environment etc. That’s why mid/late level employees has more value than entry level employee.
3.5 Gain proper empowerment
Empowerment is the process by which managers delegate power to employees to motivate greater responsibility in balancing the achievement of both personal and organizational goals. If an employee is experienced, dependable and efficient then the authority must agrees to give him the proper power. But when and to whom it is possible? Obviously they are mid level employees who can achieve the proper empowerment with their high level of performance and effectiveness. However, entry level employees are the new member for an organization. So the authority may not always trust them as like mid level employees. That means mid level employees expressed as a valued employees of the organization.
3.6 Practical experience
Mid level employees have more practical experience compared to entry level employees. Entry level employees are new employees, fresh employees. They don’t have enough experience. However mid/late career stage’s employees are working in an organization for a longer period of time and achieve practical experiences.
3.7 More dependable
In an organization only mid level or late level employees are working for a longer period of time. When someone works for a long time then the authority can easily see the strength and weakness of an employee. That’s why it is becoming easy to measure their dependableness. Most of the case almost every mid/late stage’s employee are more dependable compare to entry level employees. The organization can’t be sure about the dependableness of entry level employee’s short time of employment.
3.8 Have special power of control to motivate others
As mid/late level employees are more dependable then they can easily achieve the power of control to motivate others. They are the senior employees of the organization. As an senior employee they knows their employees very well. They can easily motivate other employee with their individual behavior.
3.9 Gain job efficiency
Mid/late stage employees are more efficient than the employees of entry level. It is because; the mid/late stage employees have worked in different level of the organization. Therefore, they know the easiest and most effective way to work out in various cases. Whereas, the entry level employees are needed to be trained using the company resources including money, time and labor. In this sense, the mid/late stage employees are actually saving these for the organization. On the other hand, level of confidence for any mid/late stage employee is much higher than any of the entry level employees. This also ensures better productivity and hence more efficiency. As a result, mid/late stage employees are less likely to finish with any type of errors, which makes them more valuable for any company.
3.10 Higher cognitive abilities
Cognitive abilities mean people’s mental capacity to process information and solve problems. Not all the employees have same mental capability for processing information but the mid level employees always goes forward when we compare them with the entry level employee. The main reason for this is to they have enough experience and abilities. They can manage their every task more efficiently with their high cognitive abilities.
3.11 Acquire knowledgeable employees
Every organization always tries to acquire knowledgeable employees. For this Most of the HR Department in our country always prefers experienced mid level employees when they are looking for new employees. But why all the organizations practice this concept? Because experienced people are valued more than a fresh employee. They don’t need training as like a fresher. They can do his job effectively and efficiently more than a entry level employee.
3.12 Self-motivated
In any organization or any kind of company, usually entry level employees are not found to be self motivated. It is because, they often feel confused about their job security, performance, and quality of their return. Therefore, entry level employees are usually needed to be motivated, which costs money and valuable time of the company. On the other hand, mid level or late staged employees are not found to be that much willing to change their job and most importantly, they know what to expect from the company in return. Again, the mid/late stage employees always look for chances to show their potential and prove their ability. Therefore, they are usually found to be highly self-motivated, which saves the money and valuable time as well. For this reason, mid/late stage employees are precious to the organizations all the way.
Conclusion
Employees are the most important resources for any type of organization. It is them, who actually work very hard to earn the profit after the day. Therefore, each and every company looks for a complete packaged employee for any of their job. The employees, who can ensure more contents of that package, are more valuable for the organization.
The entry level employees are always good choice to enroll or appoint for a job as they have the potential to make things happen, no matter what it takes. However, only such thought or image is not enough for any organization. In order to ensure better productivity and more profit, the companies always seek people who can work in less time, with least errors. This can not be assured by entry level employees. They need to be trained well before expecting such assurance from them. On the other hand, mid or late stage employees are much more confident about their work. They know what they are doing and how to accomplish their duties. These people also know the probable easiest way to work things out with least errors possible. For this reason, mid or late stage employees are more likely to be empowered easily. Even they can themselves take right decision for the right situation. Moreover, the mid or late stage’s employees are much more experienced and hence have enough confidence to work things properly in any environment. Therefore, they are more valued resource in the companies.
One day entry level employee will also be in a mid and late career stage and become the most valued and precious employees for the organization. So entry level stage is only the learning stage for the employee. By increasing experience, effectiveness, efficiency, confidence, knowledge employee can be more precious day by day.
From the above discussion, it is crystal clear that an employee who is in his or her mid or late stage, is more profitable for any kind of organization. Although the entry level employees are the youth group of the organization, we should not forget – “Youth is a state of mind, it’s not a stage of life”.
Bibliography
1. www.wikipedia.org, Encyclopedia
2. www.businessballs.com
3. www.scholar.google.com, Scholar Article from Google
4. www.amanet.org, American Management Association
5. www.shrm.org, Society for Human Resource Management, USA
6. Organisational Behaviour, A global perspective, 3rd edition, WOOD-CHAPMAN-FROMHOLTZ-MORRISON-WALLACE-ZEFFANE-SCHERMERHORN-HUNT-OSBORN
7. Human Resource Management, 10th edition, GARY DESSLER
8. Leadership and Organizational Development Journal
Our topic for this report is “AN EMPLOYEE IS PRECIOUS TO AN ORGANIZATION WHEN HE IS IN HIS/HER MID CAREER STAGE OR LATE CAREER STAGE” and we are going to discuss for this topic.
Employee is the most important element in an organization. They work hard and put their all effort, intension, knowledge for the company to produce a good number of outputs. The outputs can be in terms of money that is called profit, can be in terms of product or can be in management sector that is needed for the survival of the company. The word ‘precious’ indicates the best output of an employee that he can produce in every sector for the organization.
Now the issue automatically comes forward that who is the precious employees. There have different types of stages of an employee’s work life. It is not too difficult to find out the precious employees among all of them. By analyzing some issues we are come up with the final idea that the employee who are in mid and late career stages they are the most precious and valuable employee for the company. They can easily come up with a great number of ideas and techniques. They are more knowledgeable and experienced compare to entry stage’s employee all the way.
Discussion of findings
2.1 Employee
An employee is any person hired by an employer to do a specific "job". In most modern economies the term employee refers to a specific defined relationship between an individual and a corporation. Most individuals attain the status of employee after a thorough process of interviews with several departments within a company. If the individual is determined to be a satisfactory fit for the position, he is given an official offer of employment within that company for a defined starting salary and position. In an organization employees are the most important element. Without a success coordination of employees no company can achieve its organizational goal.
2.2 Organization
Organization is a group of people intentionally organized to accomplish an overall, common goal or set of goals. Business organizations can range in size from two people to tens of thousands. Organization is a system that is highly integrated in order to accomplish an overall goal. The system has various inputs which are processed to produce certain outputs, which together, accomplish the overall goal desired by the organization. There are several important aspects to consider about the goal of the business organization. There must have some concepts like- mission, vision, values, strategic goals, strategies, system and the process etc in an organization. Ideally, these features are carefully considered and established, usually during the strategic planning process.
2.3 Employee and the organization
Employee plays a vital role in an organizational system. This system has inputs, processes, outputs and outcomes. To explain, inputs to the system include resources such as raw materials, money, technologies and people. These inputs go through a process where they're aligned, moved along and carefully coordinated, ultimately to achieve the goals set for the system. Outputs are tangible results produced by processes in the system, such as products or services for consumers. If the employees are not serious about his/her duty then the organization may not be able to achieve its goal.
2.4 Career stages of an employee
In an organization there have different types of employee according to individual career stages. If we look a company then we can find three different stages of an employee. Entry career stage, mid career stage and late career stage. Entry career stage’s employee includes those who are just entering in a company. The beginning of his/her career is called entry career stage. When an employee works for a long time, 5 or 6 or 10 years then this is called mid career stage. And the late career stage means the last stage of an employee. In this stage employees are waiting to retire after working a longer period of time, more than 15/20 year. In every organization we can find all these three types of employee.
2.5 What does precious mean
The word ‘Precious’ means the things that have great value. In Human Resource Management, precious indicates those employees who are able to make a great value for the company. When an employee put his all effort, experience, knowledge, technologies & use them effectively with his mental strength then he is called precious employee. More precious employee means more effective organization, more valued organization. To make an employee precious, he need to achieve proper empowerment, have job efficacy, experience, knowledge, power of control, practical experience, self-motivated, more dependable etc. It is very important to make sure that every organization has some specialized, effective and precious employee. Because, these effective employees are the best treasures of an organization.
2.6 Who are the precious employees
Not all the employees are precious in an organization. Only the mid level and late level employees can be defined as a precious employee. Yes, the exceptions can be founded. But in general, most of the time mid/late stage’s employees are the most precious for an organization.
2.7 Reasons for calling them precious
There have many reasons for calling them precious employee. Entry level employees don’t have enough experience, knowledge, practical experience, knowledge about the market. However a mid or late level employee has enough experience, knowledge, knowledge about the market, empowerment, job efficacy, dependableness, power of control, everything. With all these key elements a mid/late level employee becomes more precious than the entry level employee all the way.
Analysis of the Reasons
3.1 Experience is the difference
Experience is the main reason that comes first when we suggest mid/late level employee as a precious employee. What does experience means? Experience is the thing that helps an employee to do his job and work more effectively and efficiently. Mid/late level employees have already concerned about his/her work that he had learnt from his own. So that his/r quality of doing job is very high. And with his/r experience he can increases his ability to perform the job. His performance, effectiveness and efficiency is always greater compared to an entry level employee.
i.e. If we consider Japanese Organizations then we can see that long term workers are the primary beneficiaries. Even the shareholders are not given priority over long-term employees. The long-term employees are involved in making decisions.
3.2 Greater knowledge than entry level employee
It is proved that the senior employees who joined to the company more than many years ago have greater idea and knowledge about the company compared to an entry level employee. Mid/late stage’s employee already knows the rules and regulation, company’s history and heritage, different departments, how the department works, other employees, their own work, boundary of their works, their power, hierarchical structure, mission, vision, goals, culture, philosophy, almost everything of the company. He is very much concern about the key elements for the success of the organization compared to an entry level employee. If company falls in a bad situation then he can handle it very nicely by his own experience. He can take a greater responsibility. However an entry level employee doesn’t have any real idea either about the organization or the work that he need to completes.
3.3 Effective decision maker
Problem solving and decision making are important skills for business and life. Decision making is especially important for management and leadership. It is not possible for all the employees to take effective decisions. However, as a precious employee, mid/late stage’s employee can do this. They can take effective decisions with their own judgment. But entry level employees don’t know what should they do and why in different case. They are hired only for doing the job not for taking high level decisions.
3.4 Greater knowledge about the market
All the mid/late level employees have greater knowledge about the market. They are involved with the market for a long period of time of his/her career. But the entry level employee are just entering in a job and learning so many things about his tasks, jobs, market, culture, environment etc. That’s why mid/late level employees has more value than entry level employee.
3.5 Gain proper empowerment
Empowerment is the process by which managers delegate power to employees to motivate greater responsibility in balancing the achievement of both personal and organizational goals. If an employee is experienced, dependable and efficient then the authority must agrees to give him the proper power. But when and to whom it is possible? Obviously they are mid level employees who can achieve the proper empowerment with their high level of performance and effectiveness. However, entry level employees are the new member for an organization. So the authority may not always trust them as like mid level employees. That means mid level employees expressed as a valued employees of the organization.
3.6 Practical experience
Mid level employees have more practical experience compared to entry level employees. Entry level employees are new employees, fresh employees. They don’t have enough experience. However mid/late career stage’s employees are working in an organization for a longer period of time and achieve practical experiences.
3.7 More dependable
In an organization only mid level or late level employees are working for a longer period of time. When someone works for a long time then the authority can easily see the strength and weakness of an employee. That’s why it is becoming easy to measure their dependableness. Most of the case almost every mid/late stage’s employee are more dependable compare to entry level employees. The organization can’t be sure about the dependableness of entry level employee’s short time of employment.
3.8 Have special power of control to motivate others
As mid/late level employees are more dependable then they can easily achieve the power of control to motivate others. They are the senior employees of the organization. As an senior employee they knows their employees very well. They can easily motivate other employee with their individual behavior.
3.9 Gain job efficiency
Mid/late stage employees are more efficient than the employees of entry level. It is because; the mid/late stage employees have worked in different level of the organization. Therefore, they know the easiest and most effective way to work out in various cases. Whereas, the entry level employees are needed to be trained using the company resources including money, time and labor. In this sense, the mid/late stage employees are actually saving these for the organization. On the other hand, level of confidence for any mid/late stage employee is much higher than any of the entry level employees. This also ensures better productivity and hence more efficiency. As a result, mid/late stage employees are less likely to finish with any type of errors, which makes them more valuable for any company.
3.10 Higher cognitive abilities
Cognitive abilities mean people’s mental capacity to process information and solve problems. Not all the employees have same mental capability for processing information but the mid level employees always goes forward when we compare them with the entry level employee. The main reason for this is to they have enough experience and abilities. They can manage their every task more efficiently with their high cognitive abilities.
3.11 Acquire knowledgeable employees
Every organization always tries to acquire knowledgeable employees. For this Most of the HR Department in our country always prefers experienced mid level employees when they are looking for new employees. But why all the organizations practice this concept? Because experienced people are valued more than a fresh employee. They don’t need training as like a fresher. They can do his job effectively and efficiently more than a entry level employee.
3.12 Self-motivated
In any organization or any kind of company, usually entry level employees are not found to be self motivated. It is because, they often feel confused about their job security, performance, and quality of their return. Therefore, entry level employees are usually needed to be motivated, which costs money and valuable time of the company. On the other hand, mid level or late staged employees are not found to be that much willing to change their job and most importantly, they know what to expect from the company in return. Again, the mid/late stage employees always look for chances to show their potential and prove their ability. Therefore, they are usually found to be highly self-motivated, which saves the money and valuable time as well. For this reason, mid/late stage employees are precious to the organizations all the way.
Conclusion
Employees are the most important resources for any type of organization. It is them, who actually work very hard to earn the profit after the day. Therefore, each and every company looks for a complete packaged employee for any of their job. The employees, who can ensure more contents of that package, are more valuable for the organization.
The entry level employees are always good choice to enroll or appoint for a job as they have the potential to make things happen, no matter what it takes. However, only such thought or image is not enough for any organization. In order to ensure better productivity and more profit, the companies always seek people who can work in less time, with least errors. This can not be assured by entry level employees. They need to be trained well before expecting such assurance from them. On the other hand, mid or late stage employees are much more confident about their work. They know what they are doing and how to accomplish their duties. These people also know the probable easiest way to work things out with least errors possible. For this reason, mid or late stage employees are more likely to be empowered easily. Even they can themselves take right decision for the right situation. Moreover, the mid or late stage’s employees are much more experienced and hence have enough confidence to work things properly in any environment. Therefore, they are more valued resource in the companies.
One day entry level employee will also be in a mid and late career stage and become the most valued and precious employees for the organization. So entry level stage is only the learning stage for the employee. By increasing experience, effectiveness, efficiency, confidence, knowledge employee can be more precious day by day.
From the above discussion, it is crystal clear that an employee who is in his or her mid or late stage, is more profitable for any kind of organization. Although the entry level employees are the youth group of the organization, we should not forget – “Youth is a state of mind, it’s not a stage of life”.
Bibliography
1. www.wikipedia.org, Encyclopedia
2. www.businessballs.com
3. www.scholar.google.com, Scholar Article from Google
4. www.amanet.org, American Management Association
5. www.shrm.org, Society for Human Resource Management, USA
6. Organisational Behaviour, A global perspective, 3rd edition, WOOD-CHAPMAN-FROMHOLTZ-MORRISON-WALLACE-ZEFFANE-SCHERMERHORN-HUNT-OSBORN
7. Human Resource Management, 10th edition, GARY DESSLER
8. Leadership and Organizational Development Journal