In today’s day and age, financial safety is a necessity. With demand rising, prices of essential survival resources are at inflation, with high rates. So, the question is, from where does one fund the finances required for an average lifestyle? How does a person manage to pay the day-to-day expenses?
It has become so significant for everyone to work and support their needs in this era with their hard work. From students to old-aged adults, all contribute to the working sector. With the global economy developing and the tertiary division expanding, now more than ever, labour is needed.
Why might one decide to work?
A college student may find part-time jobs to fund their fees. A lady might work to become independent and not rely on anyone financially. School dropouts may find work to earn and save up to make their dreams come true. Every individual has their respective reasons to work. Some work to gain experience, while some only work to fulfil basic needs. They serve tirelessly with hard work just to earn enough money to feed the family three-time meals.
How can one find a job?
With the current situation, working from office changed into working from home. Likewise, the recruitment process has evolved and developed with time. There are various methods one can use to apply for a job. A few of them are, through Job centres, employment agencies, headhunting, word of mouth, and job vacancy adverts.
Employers might also use an app for labour hire to facilitate the process by choosing the right candidate from a pool of job seekers. Furthermore, they also publish on websites and social media platforms.
Much more advanced, recruiters from around the world can review your profile and select you as a suitable person for their job through platforms like LinkedIn.
The process of hiring new employees
The first stage is to identify the number and type of staff required for a particular job. Then, to select the ideal applicant for the position, a ‘job description’ and ‘person specifications’ are created; so that applicants know what tasks and responsibilities the job role requires.
Furthermore, the business must place job advertisements in places where they are likely to attract skilful laborers.
Job seekers then apply for the job by completing job application forms or by sending in their Curriculum Vitae to the employer.
The firms’ sort-lists the applications based on resumes. Short-listed applicants are invited for an interview, and the job is offered to the most suitable applicant.
Types of employment
When a business takes on workers, it can choose between different types of employment.
The full-time employment
The business takes on an employee who is expected to work the full working hours, usually five days a week.
Workers work fewer hours than other full-time colleagues, usually less than 30 hours. This type of employment is a helpful arrangement for businesses because it gives them flexibility.
It is when two part-time workers share the work for a single full-time position payment.
There are other types of employment too; such as casual employment, seasonal employment, contract, and temporary employment.