Hiring and retaining capable employees is one of the most challenging tasks facing managers in the business world today. Implementing a probation period at work is one course employers can take to assure that they hired the right employee. However, there are both advantages and disadvantages to probation periods at work.
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The most significant and fundamental benefit of probation periods at work is the ability of an employer to evaluate employee performance without significant risk.
Another positive aspect associated with a probationary period is that the employer is capable to terminate the employee without repercussion during the evaluation term.
On the flip side, a disadvantage of probation periods at work is that an employee can resign at will, leaving the employer with an unexpected vacancy.
A probationary period has financial benefits: an employer need not make a significant financial investment (benefits, for example) in an employee until the examination period ends.
A probationary period does require an employer to make at least some financial investment that can be wasted if the employee elects to walk away from the position at will.
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