Employees' Job Satisfaction and Job Security

Name
Date
Job Satisfaction
Even though a company’s success is determined by several factors such as the quality of the product, customer-centric services, and ability of a company to adapt to change with time, I agree with the statement that a company’s long-term success is primarily dependent on the job satisfaction and the job security felt by the company's employees. This is because a satisfied employee will always be innovative, creative, and enthusiastic to achieve particular goals and missions, which gives the company a competitive advantage.
Job satisfaction can be described as the feeling of fulfillment and purpose in one’s career, while job security is the assurance of a career and future. This means that the employee is focused to advance their career without having to worry about tomorrow. Employees set their goals and the milestone they want to achieve when their job is secured. This contributes to the success of the company in the following ways.
First, job satisfaction enhances employee engagement and productivity. This is because happy and satisfied employees will always focus to achieve particular goals and targets within their careers. This boosts innovation and creativity as they feel a sense of belonging within the company, which motivates them to be better. For instance, if a sales executive is satisfied with their job, they will be motivated to make more sales and create a customer-oriented environment which is key for the company’s growth. This gives a company a competitive advantage as a happy employee makes a happy customer, who resonates with the brand.
Second, job satisfaction and assurance reduce employee turnover and talent retention. Human resource is a crucial element in the growth of a company. This means that firms that experience a high rate of employee turnover take a long to grow compared to a company that retains employees as they spend profits and a lot of resources on employee training and talent acquisition. An employee who is not satisfied with their job is more likely to quit compared to individuals satisfied with their job, thus saving the company time and resources. Third, a satisfied employee will be motivated to be productive in their job and thus, provide quality services to customers. This means that employees satisfaction directly influences customer satisfaction.
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