Retirement age based on a fixed period of service for all,
but with a cut off age for joining service.
This is be Roshni from the UK
The
tremendous role played by employEES
in the employment scenario is inevitable since the contributions of workers
have great impact ON the growth of an organization. So, it is more beneficial
for the EMPLOYEES TO HAVE a certain period of service. But, there are concerns
too.
There are some advantages when the service of an employee gets fixed. First of all, it creates a number of job
opportunities for youngsters. There are great many young professionalS, who are waiting for an employment right from the day one of their passing
out. For example, in India, the government sector is almost filled with
aged employees and the new
generation gets quite smaller
exposure to get paid with government
salary. Also, the aged people can enjoy their retirement life to a great extent
because they had worked a lot in the
prime of their lives and they should get enough time with their family
members so as to enjoy the beauty of life.
However, when the retirement
age limit is fixed, it IS LIKELY TO HAVE some bad effects as well. Primarily,
loss of experienced hands may adversely affect the overall productivity of an organization.
To make it clearer, those people might
get exposed to handle a variety of troublesome situations which may give them enough courage to overcome
such problems later. Moreover, the government has to spend great amount of
money as pensions for the retired people even though there is no output. THE SADDEST THING IS MANY WHO
CALL IT A DAY WILL BE HIGHLY PRODUCTIVE.
In short, it is very much clear
that the advantages outweigh the
disadvantages in fixing retirement age limit. But, the issues it creates should
be handled effectively and it is very
much necessary for the betterment of the society.
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