Which is best between the merit or experience of a person for their life ?
Answers
Explanation:
One of the most confounding decisions that organizations face is whether to promote employees on the basis of merit or seniority.
Seniority represents several benefits: these employees have a deep understanding of the company's culture, vision and goals. More importantly, they have the benefit of experience on their side, which is a critical attribute especially when it comes to selection for higher leadership positions. It is often assumed that a more seasoned, experienced individual is more suitable to lead a team. That being said, merit-based promotions have gained in popularity over the years, and with good reason.
An organization that emphasizes merit-based promotions fosters a culture of healthy competition and productivity. Performance-based promotions are also effective in creating a sense of accountability among employees. If promotions are based purely on seniority, employees may not be as motivated to perform exceptionally, considering that promotion is guaranteed on the completion of a certain period within the company. Basing promotions on merit also comes with the added advantage of enhanced productivity. Employees are held responsible for their own career trajectory; they work hard to earn the desired advancement.
High achievers are often characterized as individuals who are driven, hard-working and ambitious. They seek to provide value and grow their professional spheres. Having a system in place which recognizes high-performing employees will ensure that these individuals receive the acknowledgment they deserve for their efforts. On the contrary, in a company with a seniority-based promotion policy, high-performers are more inclined to become disengaged or start seeking opportunities elsewhere in order to accelerate their professional goals and gain the anticipated recognition.