You should spend about 40 minutes on this task.
Write about the following topic:
It seems that many companies today are becoming much more concerned with profit than with happiness of their workers. How could companies take care of their workers in the future?
Give reasons for your answer and give any relevant example or experience you might have to support your answer.
Write at least 250 words.
Typically, financiers and economists contend that the sole purpose of business is to make money, the more the better. This narrow view, deeply embedded in the capitalist system, molds the actions of most companies, constrains them only to emphasize on profit maximization and delivering returns to stakeholders. Workers are being neglected to the companies. However, the conventional notion has been started to decay that many deem that main focal point should be worker. This sounds very optimistic for workers that in future the worker will be got to priority.
It goes without saying that workers are the ones who translate companies’ vision and mission into actionable. Consequently, industrialists or business are bound to think differently in if they want to better performance from their workers and better performance means efficient and quality production ultimately proliferate profits. So, the companies, in future, will make worker friendly plan so that they can feel that they are taken care by their employers. First and foremost thing will be worker safety. Most of the cases, safety is the major concern for workers. When they feel safe in a workplace, it will increase productivity rapidly and that will contribute to the profit maximization. Secondly, it will be advancement opportunities. A worker is more likely to perform his best when advancement opportunities exist and he can find a bright future with the corporation, in lieu of working day-in and day-out that shows no chance to advance or excel. Future companies will give workers opportunities to expand their knowledge and keep up-to-date we information with latest technology by paying for seminars and professional courses and catering them updated training manuals.
Last but not least, paid vacation would be very useful for the future business. The worker should be rewarded for their hard work by giving them paid vacation so that they can spend time with their family and friends. This will definitely boost their energy and motivate to work more.
In conclusion, I want to say that when workers feel that the company takes their interest to heart, then workers will take company interest to heart. So in future, what business owners will need is keep their promises and show compassion for their workers. Company will provide resources to help workers be more efficient at their job. Every company will find what is crucial for workers and will give it to them.