Job security induces productivity.
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Daily New Nation.
Abstract
The article "Job Security Induces Productivity" by M. Azizur Rahman presents a nuanced examination of the relationship between employment stability and worker productivity. While acknowledging job security's importance for human dignity and work satisfaction, the author identifies its potential drawbacks when misused - including reduced accountability and productivity declines. The analysis contrasts developing economies with rigid job protections (Latin America, South Asia) against dynamic Western/Japanese models emphasizing performance over security. Key productivity drivers are identified as: fair compensation, skills development, positive work environments, and performance incentives rather than guaranteed employment. The article concludes that sustainable economic growth requires balancing humanitarian concerns with productivity-focused policies, advocating for a shift from job security systems to models that reward merit and output, thereby indirectly ensuring employment stability through economic expansion.