There are many advantages and disadvantages to off employees job security for life. In Japan, for
example, prospective employees know that their employers will provide them with job security fortheir entire working days and they are better able to plan for their future and family. However,
many businesses are now realizing that their employees have less motivation to work and this
leadsto less profits for the company. I will describe the advantages and disadvantages of this
system in this essay and I will show that ultimately "jobs for life" is not good for a society.
Jobsecurity is very important for both the employee and the employer. For the employee, job
security is important because she can depend on her source of income and better plan her future
accordingly. Forthe employer, the employee represents an investment because of the number of
hours of training required and the company will continue to have a return on this investment. As
we all know, feelingsecure about where our future income will come from is very important for
our well-being anybody who has lost a job and has had trouble finding a new one knows that
this transition period can causea lot of anxiety.
However, job security tends to lead to decreased productivity. In general, employees who are
certain that they can never lose their jobs tend to work less efficiently, therebycontributing to an
overall reduction of productivity in the company. A common example all over the world is that of
civil servants. In Thailand, for example, many government workers are soindolent that it can take
days or months for something to be finished that should only take a few days. It is not uncommon
to walk into a government office and see employees filing their nails, makingpersonal calls on the
telephone, taking three-hour lunches, or surfing the Internet for fun.
Finally, the model of capitalism is proving to be the most efficient model that we have right now....
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