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Give the Advantages and Disadvantages of Paid Employment

Give the Advantages and Disadvantages of Paid Employment

Answers

Faith
Advantages
i. Job Security
ii. Income stability
iii. Predictable work life .
iv. Enjoys certain allowances e.g. house, medical and commuter allowances.
v. Provides room for socialization among employees
vi. Room for growth through promotions
vii. Some organizations provide training facilities to their employees through
seminars and workshops.
viii. Sponsorship opportunities to those who wish to further their studies

Disadvantages
i. You are only paid for your efforts and unlike the entrepreneur; your
brilliant ideas only receive commendation and little or no real monetary
rewards.
ii. You will simply be helping another man create wealth for himself while
you make do with your wages which might be meager
iii. Think of it as a case of not having your cake and eating it. iv. Paid
employment is like Financial Bankruptcy. v. It cages your mind from
soaring to the sky financially.
iv. No opportunity to make money to supplement current earning
v. The organization may not adequately recognize one’s ability
vi. One may not get an opportunity to involve in leisure
vii. No independence-follows orders from the boss
viii. One’s idea may not be easily be implemented by the organization
ix. One may not be accorded adequate and challenging responsibilities that
add to their qualifications
Titany answered the question on November 10, 2021 at 05:51

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