The era we live in is rapidly changing and growing. Hundreds of new jobs are being created every day, and it is all thanks to the fast growing telecommunications and technology industries. Although tons of new jobs are being created yearly there are certain challenges that today’s managers are facing. One of them is motivating their employees to stay with the company. Fifty years ago this issue was not much of a problem, but with the rapidly changing world and economy we live in, managers are facing difficult times. Globalization, technology, and the fast changing society are all playing a key role in this conflict.
Changing Society
Very few people can say that they have been loyal to a company for many years. According …show more content…
This industry is one of the biggest and fastest growing today. People today have access to any kind and all sorts of information instantly literally at the push of one button. Finding a job today opposed to fifty years ago is a lot easier. The technology industry is constantly changing and growing giving birth to huge companies like Google, Facebook, Apple and HP among many. Big corporations like these tend to cluster together and create agglomerations, like Silicon Valley in California and the Air Capital of the world in Wichita Kansas. Employees will find themselves jumping from one company to another to see which company offers more, and that forces to companies to compete for employees. This is a real conflict for managers because they are not only having to compete for their workforce but also find ways to motivate and persuade their employees to stay in their company. This has been occurring recently because fifty years ago this was not a common problem for managers and …show more content…
When comparing today’s society to society fifty years ago there is a significant difference. The younger generation of people are less likely to remain loyal to one company opposed to the older generation who are. It takes both parent today to maintain a family, therefore, resulting to more women in the work force. Globalization is opening doors to all kind of treaties and alliances to businesses. People are no longer staying in the same towns opposed to fifty years ago and managers are having difficulties motivating their employees to stay. Technology is a enormous industry that makes jobs easier to find and gives employers a run for their money so to say. Important corporations are having to compete for employees and motivate them to work for their corporations opposed to many others in the same