Sample Essay

Advancement potential is extremely important for the future of the career of an employee as well as for the company. The employee can further their career and attain their career objectives by building on their advancement potential while the company benefits from extremely motivated and driven employees that contribute in an innovative and profitable manner to the company.

The importance of advancement potential is also depicted in the overall return on investment that the employee can provide to the company over the period of their continued employment. The motivators like compensation, rewards, learning at the workplace and the workplace environment are amongst the main motivators (Harpaz, 1990) that can drive the employees to increase their advancement potential in order to strive for their work and career goals.

The rapidly changing work environments for companies are making them flatter which have resulted in significant terminations taking place (Wittingslow). In order to successfully manage termination of Karen in the case of Catastrophe Concepts, a formal termination agreement needs to be set up which highlights incorporate the restrictive employee covenant, employee loyalty and protection of sensitive, and confidential company information through the restraint trade clause.

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